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Tag Archives: Sputnik

FX Daily, February 16: Greenback Remains Heavy

Swiss Franc The Euro has risen by 0.04% to 1.0799 EUR/CHF and USD/CHF, February 16(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The equity rally appears undeterred by the rise in interest rates or the surge in oil prices. Led by Tokyo and Hong Kong, Asia Pacific equities advanced. China, Taiwan, and Vietnam markets remain closed. After gapping higher yesterday and extended the gains in early turnover today,...

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US Gold Reserves, Of Immense Interest to Russia and China

Recently, Russian television network RT extensively quoted me in a series of articles about the US Government’s gold reserves. The RT articles, published on the RT.com website, were based on a series of questions RT put to me about various aspects of the official US gold reserves. These gold reserves are held by the US Treasury, mostly in the custody of the US Mint. The US Mint is a branch of the US Treasury. The first...

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