Finanz und Wirtschaft, January 4, 2020. PDF. Finance has been digital for decades. And both technology and preferences are only changing gradually. So, what triggers the abrupt changes in business models that we currently observe? The interaction between industry on the one hand and legislators and regulators on the other has changed. New entrants exploit synergies across areas that have so far been regulated by independent authorities, or not at all. While entrants think and act outside...
Read More »Has The NYT Gone Collectively Mad?
Authored by Robert Parry via ConsortiumNews.com, Crossing a line from recklessness into madness, The New York Times published a front-page opus suggesting that Russia was behind social media criticism of Hillary Clinton... For those of us who have taught journalism or worked as editors, a sign that an article is the product of sloppy or dishonest journalism is that a key point will be declared as flat fact when it is unproven or a point in serious dispute – and it then becomes the...
Read More »Sweden’s Gold Reserves: 10,000 gold bars (pet rocks) shrouded in Official Secrecy
In February 2017 while preparing for a presentation in Gothenburg about central bank gold, I emailed Sweden’s central bank, the Riksbank, enquiring whether the Riksbank physically audits Sweden’s gold and whether it would provide me with a gold bar weight list of Sweden’s gold reserves (gold bar holdings). The Swedish official gold reserves are significant and amount to 125.7 tonnes, making the Swedish nation the...
Read More »Declassified CIA Memos Reveal Probes Into Gold Market Manipulation
By Smaul gld The CIA recently released a series of declassified 1970s memos relating to the gold market and the newly created SDR. These memos give new insight how the CIA viewed the gold market, the perceived manipulation of gold and the potential for the SDR to become a gold substitute in the international monetary system. The classification of the documents is significant because “secret” is the CIA’s second-highest...
Read More »Declassified CIA Memos Reveal Probes Into Gold Market Manipulation
By Smaul gld The CIA recently released a series of declassified 1970s memos relating to the gold market and the newly created SDR. These memos give new insight how the CIA viewed the gold market, the perceived manipulation of gold and the potential for the SDR to become a gold substitute in the international monetary system. The classification of the documents is significant because "secret" is the CIA’s second-highest classification. The CIA notes unauthorized disclosure of secret...
Read More »Obama Hits The Golf Course After Learning About Turkey, Berlin Attacks
In the latest example of poor decision-making by the outgoing president, not to mention some truly troubling political optics, with the world on fire following three separate acts of apparent terrorism around the globe, including Ankara, Zurich and Berlin, White House pool reports showed that President Barack Obama was off to enjoy a game of golf shortly after learning of today's tragic events. As Mediaite reports, the first email from the White House pool shows that Obama directed his staff...
Read More »Cashless Society – Is The War On Cash Set To Benefit Gold?
Submitted by Jan Skoyles via GoldCore.com, Introduction Cash is the new “barbarous relic” according to many central banks, regulators, and some economists and there is a strong, concerted push for the ‘cashless society’. Developments in recent days and weeks have highlighted the risks posed by the war on cash and the cashless society. The Presidential campaign has been dominated for months and again this week by the...
Read More »