Central Bank

After another disappointing trading session, one bank sees gold ending the week on a positive note, with prices possibly moving up to $1,300 an ounce if the Federal Reserve hints at weak inflation on Wednesday . . . .

Central banks are hoarding gold. China, Russia and many Asian and West Asian central banks have started accumulating gold. Now that the fashion of hoarding gold is back, let us see the fundamental reasons behind it . . . .

Large stashes are a handy weapon against currency jitters and US pressure . . . .

Dennis Gartman has called 2017’s gold rally and he is now forecasting gold will be “demonstrably higher” rising to $1,400/oz in the coming months and rise by even more in euro terms . . . .

Germany’s central bank completed its plan to repatriate the country’s gold reserves from New York and Paris, three years ahead of schedule . . . .

"Inflate or die” was Richard Russell’s characterization of our economic system and the central bank response to most problems during the past three decades . . . .

Sprott Inc., the precious metals-focused money manager, sees gold rising by the end of 2017 as weaker-than-expected economic growth drives stock prices lower . . . .

During the 2008 financial crisis, gold was used in international settlements as a zero-risk asset after many decades of being sidelined in the monetary system. Since then the world’s central banks have been substantially increasing their official gold reserves . . . .

For the US dollar, the past seven months have been a tale of two halves . . . .

Central bankers and investors are grappling with a $100 trillion question: why consumer price inflation remains so low in most parts of the world even as economic growth quickens . . . .