Tag Archives: imf

China Finally Reveals Gold Holdings

After six years, China finally revealed its “total” gold hoard today in a statement issued by the PBOC (People’s Bank of China). The grand total? 1,658 metric tons, placing the country in 5th place worldwide. It’s an increase of more … Continue reading

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Banks in Greece to Reopen Monday with Capital Controls Still in Place, New Problems for Puerto Rico and Jade Helm Begins…

With the European Central Bank finally agreeing to extend the much needed “emergency liquidity assistance” (read: cash), the banks of Greece are set to reopen on Monday. Capital controls are expected remain in place with daily limits on withdrawals set … Continue reading

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BRICS New Development Bank to Open July 7th

China announced on July 1st that the Standing Committee of the National People’s Congress officially ratified the agreement signed in Brazil last year to launch the New Development Bank for the BRICS nations. The bank’s Board of Governors are scheduled … Continue reading

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Greece Calls for “Bank Holiday” and Capital Controls: Banks Closed for Next Week

Lines are wrapping around the block at ATMs throughout Greece as citizens wait to withdraw their money. A significant number of ATMs are already out of cash.   Last week, many thought that Greece and the IMF were close to … Continue reading

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Bank of China (BoC) is First Chinese Bank to Join Gold Fix

The London Bullion Market Association has announced that the Bank of China has joined Goldman Sachs, UBS, Barclays, HSBC, Bank of Nova Scotia, Societe Generale, and JP Morgan as the first Asian bank to participate in the new daily gold … Continue reading

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The War in Ukraine and the War in Syria Might be the Same War– has WW3 Already Begun?

It is possible that at the end of last year, World War III quietly broke out and hardly anyone noticed. For now, it seems to be contained in small pockets in Syria, Iraq, and Ukraine. More recently though, tensions have … Continue reading

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Fed Urged by IMF to Delay Rate Liftoff to First Half of 2016

The Federal Reserve should delay raising interest rates until the first half of 2016, the International Monetary Fund said as it cut its U.S. growth forecast for the second time this year.

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Russia/Kazakhstan raised gold holdings in April – IMF

The Russian Federation and Kazakhstan raised their gold holdings in April as the price of gold steadied, while Jordan entered as a steady buyer earlier this year, data from the International Monetary Fund showed on Friday.

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Soros sees risk of another world war

Billionaire investor George Soros said flatly that he’s concerned about the possibility of another world war Much depends on the health of the Chinese economy, Soros said in remarks at a Bretton Woods conference at the World Bank.

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Chase Bank is Preparing for Something Big

The largest bank in the U.S., JP Morgan Chase, has made two disturbing moves in recent weeks that should give many Americans significant cause for worry. It isn’t yet known what the reasons behind these moves are, but one thing … Continue reading

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