Economy

Russia returns to precious metals market, buys tons of gold

Russia precious metals market buys tons of gold

In January, Russia continued to increase its gold reserves with a large purchase of more than one million troy ounces, Vesti.ru reports. In January, Russia increased its gold reserves by 37 metric tons, equivalent to more than a million troy ounces, Vesti.ru reported on Tuesday. As a whole, Russia’s foreign reserves grew by four percent …

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The most powerful casino-themed movies

The Las Vegas Strip has become a centre for gambling in the US

Casino and gambling have always been magnetic. It promises abandoned hilarity, adventure and immersion into the world that makes you forget about daily vanity. Understandably why producers and film directors choose Las Vegas as the main movie location and gambling as the main theme of movies. And whether you are …

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Fed president: US banks have “half the equity they need”

US banks half equity

In a scathing editorial published in the Wall Street Journal today, the president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, blasted US banks, saying that they still lacked sufficient capital to withstand a major crisis. Kashkari makes a great analogy. When you’re applying for a mortgage or business loan, sensible banks are supposed to …

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Worst economic problems of our lifetimes coming soon – Jim Rogers

Jim Rogers economic problems lifetimes coming soon

Renowned investor Jim Rogers has forecast the next financial crisis will be the worst in our lifetime where governments and countries could “disappear” and said people should start to “get very worried”. In a podcast interview with MacroVoices Erik Townsend, billionaire commodities investor Rogers (pictured) forecast firms disappearing, in the …

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Banks ending cash to establish big brother world government – Jim Rogers

Jim Rogers cash big brother world government

Investment guru Jim Rogers, a former colleague of George Soros, has warned governments are seeking to end the use of cash to implement a surveillance state where your every expense is monitored. Jim Rogers, who co-founded the Quantum Group with globalist billionaire George Soros in 1973, noted that many governments around the …

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World’s first Bitcoin bank opens in Austrian capital Vienna

Bitcoin bank Austria Vienna digital currency

The world’s first dedicated bitcoin bank has opened in the center of the Austrian capital Vienna. It is designed to make buying and selling bitcoin easier and safer than other in-person options. The digital currency outlet is owned and managed by a local Blockchain startup Bit Trust and is named …

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Germany accelerates gold repatriation as confidence in euro plunges

Germany gold repatriation euro

Berlin is bringing home its gold reserves stored in New York, London and Paris faster than scheduled, Germany’s central bank said Thursday. The move is linked to surging euroskepticism, as new governments in France and Italy may ditch the single currency. The German Bundesbank has already moved 583 tons of …

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‘If trade stops, war starts,’ warns Alibaba founder Jack Ma

Alibaba Jack Ma trade war

Retreat from globalization will only result in trouble, warned China’s second richest man Jack Ma during a visit to Australia. “Everybody is concerned about trade wars. If trade stops, war starts,” he said in Melbourne, where the e-commerce giant Alibaba opened its Australia and New Zealand headquarters. “But worry doesn’t …

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Iran is preparing to ditch US dollar in international trade

Iran ditch US dollar international trade

After US President Donald Trump included Iran on a list of Muslim-majority countries facing a temporary immigration ban, Tehran responded by threatening to stop using the American dollar. Iran would either introduce a new common currency, in place of the US dollar, or use a portfolio of various currencies in foreign exchange and financial …

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