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Is China Preparing A Gold Backed Yuan?

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,...

JP Morgan Gold Vault in London

JP Morgan Gold Vault in London

JP Morgan Gold Vault Location in LondonPhotos Courtesy of Bank of England Flicker PageIntroduction Location of JP Morgan Gold Vault in London Discovered: JP Morgan owns and operates one of the two large commercial gold vaults in central London, the other one being the...

Members of the Trillion-dollar Gold Club

Members of the Trillion-dollar Gold Club

Five banks open the Trillion dollar Gold ClubGold Bullion Photos Courtesy of Bank of England Flicker PageTrillion Dollar Gold Club Members: The five banks that handle all the transactions in London's $6.8 trillion annual gold market are changing clearinghouse rules to...

Man’s 6,000 Year Gold Obsession Part 2

Man’s 6,000 Year Gold Obsession Part 2

GOLD: The Story of Man's 6,000 Year Obsession, Video Part 2The Story of Man's 6,000 Year Gold Obsession from PBS America: Part 2 of this video will look at how gold trades in traditional financial centres such as London and New York, and travel East to Dubai to see...

Man’s 6,000 Year Gold Obsession Part 1

Man’s 6,000 Year Gold Obsession Part 1

GOLD: The Story of Man's 6,000 Year Obsession, Video Part 1The Story of Man's 6,000 Year Gold Obsession from PBS America: Grant Williams looks at gold’s role throughout the history of mankind, how and why it became money, and its path through the rise and fall of...

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