Top Countries with the Highest Gold ReservesGlobal Gold Reserves: At the end of 2020, the United States had the largest gold reserve – more than 8,000 metric tons of gold. This was more than twice the gold reserves of Germany and more than three times the gold...
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Bank of England Issues Basel III Exemption
Bank of England’s Prudential Regulatory Authority & Basel IIIGold Photo Courtesy of Bank of England Flicker PageLBMA Says Gold is Liquid Enough Bank of England Provides Exemption on Basel III. A regulator in Britain stated that banks clearing gold trades in London...
New Basel III Regulations for Gold
Basel III and GoldPhotos Courtesy of Bank of England Flicker PageWhat are the Basel III Regulations? Last month, the long awaited banking rules known as Basel III Regulations were implemented for European banks. This is major shift for European banks and how they work...
A New Fort Knox for Texas Gold Investors
A New Fort Knox for Texas Gold InvestorsTexas, a trend-setting state for Gold Investment Texas Gold Investors have a new Fort Knox -- If you are a resident of Texas and have any gold coins, bullion, precious gems of jewelry that need safe storage, you have a great...
Is China Preparing A Gold Backed Yuan?
A Gold Backed Yuan? Beijing Greenlights Purchases of Billions in Gold BullionIs China Preparing A Gold Backed Yuan? In 2018, the Chinese launched a gold backed yuan denominated oil futures contract. These contracts were priced in yuan, but convertible to gold,...
J.P. Morgan in Europe for nearly 200 years
J.P. Morgan London: Headquarters for Europe, Middle East & AfricaJ.P. Morgan London is the regional headquarters for Europe, the Middle East and Africa (EMEA) business. They are recognized as one of the premier financial institutions in the United Kingdom, and...