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Germany Gets Its Gold Back From The Fed And It’s A Big Deal

(Kitco News) – Germany’s central bank completed its plan to repatriate the country’s gold reserves from New York and Paris, three years ahead of schedule. Initially expected to take until 2020, the plan involved returning 374 tons of gold from Paris, and 300 tons from New York. But […]

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Gold hovers at 2-year high in post-Brexit rally

Gold futures hovered at their best levels in about two years Monday in the wake of the U.K.’s historic and market-rattling decision to exit from the European Union. “We expect sentiment towards gold to remain buoyant during this extended period of uncertainty,” said James Butterfill, head of […]

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CHINA SAYS “NO DOLLARS” FOR NEW YUAN

In a shocking move likely to crush the US economy overnight, China is refusing to make its new gold-backed Yuan, convertible from or to US Dollars.  The new Yuan will be introduced next Tuesday, April 19. When the International Monetary Fund (IMF) agreed to add the Yuan […]

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Fed Raises Interest Rates For First Time Since 2006

Fed raise rates image display.

WASHINGTON – America’s first interest rate hike in nearly a decade is here. The Federal Reserve raised its key interest rate on Wednesday from a range of 0% to 0.25% to a range of 0.25% to 0.5%. The rate hike is a small one, but it will […]

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Bullion Billionaires Who Like Gold

The following 15 investment gurus are among the wealthiest men in the world. All use gold as the perfect store of value with a view to preserve purchasing power against the loss of value of all fiat currencies. Here are the Bullion Billionaires who like Gold; Carlos […]

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Federal Reserve Bank Notes

Federal Reserve Bank note $100 image

Federal Reserve Bank Notes 1915 – 1945, Authorized through the Federal Reserve Act of 1913 and labeled as “National Currency Notes” with similar function. They were payable only at the named bank and were not redeemable in gold money. Today they are referred to as “Brown Seals” […]

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Federal Reserve Notes

Federal Reserve $50 Note image

Federal Reserve 1914 – Present, The Federal Reserve Act of 1913 provided for the issuance of Federal Reserve Notes and Federal Reserve Bank Notes. They both were redeemable in gold until President Roosevelt passed Executive Order 6102 in 1933. These Federal Reserve Notes known as “Green Seals” […]

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