Gold became real money again on July 1st.

As of July 1, 2025, gold is officially classified as a Tier 1, high-quality liquid asset (HQLA) under Basel III regulations – This means that U.S. banks can count physical gold at 100% of its market value as part of their core capital reserves. For decades, many have rightly argued that gold is not just …

Why do Investment Banks hate monetary gold?

Musk claimed that his DOGE team was ready to “check” the gold bars to make sure none were missing. For the record, the U.S. Treasury holds 8,133.5 metric tons of gold in the U.S. reserve. A little less than half of that gold is stored at Fort Knox. The rest is mostly stored in a …

Risks to Europe’s financial system from Gold Derivatives

Gold derivatives are now a risk to the global financial system, the European Central Bank said in a note written by its four economists. The note, titled “What does the record price of gold tell us about risk appetite in financial markets?”, comes nearly 25 years after a GATA delegation led by President Bill Murphy …

Credit Default Swaps are back for the US

Credit Default Swaps, or CDS, are a type of security that provides protection against default on bonds. Investors are worried that the U.S. government may struggle to pay its debts — and are buying insurance to protect themselves in the event of a default. The cost of insuring exposure to U.S. government debt has been …

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