Venezuela Seeks to Regain Control of More Than $1.8 Billion in Gold After Interim Government Dissolves
The authorities of Venezuela is searching for to regain management of greater than $1.8 billion in gold deposited within the vaults of the Bank of...
Gold Slides on Higher US Treasury Yields, Dollar
Prices of gold, and different treasured metals, fell on Wednesday resulting from stronger U.S. yields and nationwide foreign money. The decline comes on the backdrop...
Several Major Central Banks Take Coordinated Action to Boost Liquidity Amidst Banking Crisis
On Sunday night, March 19, 2023, at 5:00 p.m. Eastern Time, the U.S. Federal Reserve, together with a number of central banks together with the...
Bank of England Shuts Down Silicon Valley Bank’s UK Branch After US Regulators Close Parent Company
After U.S. regulators shut down Silicon Valley Bank (SVB) on Friday, the Bank of England has closed the corporate’s U.Ok.-based arm. The central financial institution...
Market Strategist Michael Wilkerson Believes US Inflation Could Rise to 12% by Year-End Despite Predictions of Decrease
While a number of market strategists and analysts anticipate U.S. inflation to drop significantly in 2023 in contrast with final yr, Michael Wilkerson, founding father...
Robert Kiyosaki: SEC Will ‘Crush’ Most Cryptos, Burry on US Recession, Gold Bug Schiff on Inflation in 2023 — Week in Review
2023 is off to a tough begin, with crypto enterprise bankruptcies, inflation, and recession impacting markets and looming darker on the horizon. Rich Dad Poor...
Disputed Venezuelan Gold Worth $1.8B in Bank of England Vaults Remains Uncertain After Dissolution of Interim Government
The standing of the Venezuelan gold at present being held by the Bank of England would possibly fall into regulatory limbo after the dissolution of...
Bank of England’s Cunliffe Pushes for Crypto Regulation — Sees ‘Real’ Benefits for UK
Bank of England Deputy Governor Sir Jon Cunliffe has revealed that the British central financial institution is planning to step up its efforts to manage...
Bank of England Deputy Governor: FTX Collapse Highlights Urgent Need for Tighter Crypto Regulation
Bank of England’s deputy governor for monetary stability, Sir Jon Cunliffe, says the collapse of cryptocurrency alternate FTX has highlighted the pressing want for tighter...
Bank of England Hikes Repo Rate by 75bps — UK’s 30-Year Fixed Mortgage Rate Jumps to 7%
On Nov. 3, 2022, the Bank of England adopted the U.S. Federal Reserve by codifying the eighth consecutive benchmark financial institution charge hike by 75...