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Central banks continue to stockpile gold as recession looms

March 03, 2023 -

This is according to Lynette Zang, chief market analyst of ITM trading, who warned that central banks haven't actually been able to get inflation under control.

"You know, all those calls that things were really, 'Maybe we would avoid a recession' and 'Oh, things aren't that bad' and 'Maybe we'll get a mild recession' and 'The central banks now have … inflation under control' and blah, blah, blah. Well, guess what's rearing its ugly head again? That would ...

Central banks are badly losing their war against FOOD INFLATION

June 20, 2023 -

Despite the best efforts of central banks to rein in inflation through interest rate adjustments, the fundamental need for sustenance ensures that people will continue to purchase food even at higher prices. Simultaneously, food production faces numerous obstacles that show no signs of resolution, worsening the scarcity of resources. With global food supplies expected to reduce further in the coming months and years, soaring food prices will persist regardless of central ...

Central banks planning to introduce CBDC microchip implants, warns top economist

July 18, 2023 -

"I was taught by a central banker [that] the CBDCs look like a small grain of rice that they want to put under your skin," said Richard Werner in an interview with podcaster Ivor Cummins. Werner is known for developing the now commonly used bank practice of quantitative easing.

CBDCs, in comparison to other forms of digital currency used at present, demand that individuals open bank accounts directly with central banks such as the Federal Reserve, granting governments ...

Central banks continue their streak of accumulating more gold in 2023

April 09, 2023 -

Year-to-date, the world's central banks made a net purchase of 125 tonnes (137.79 tons) of gold.

"On a year-to-date basis … this is the strongest start to a year back to at least 2010 – when central banks [once again] became net buyers on an annual basis," wrote World Gold Council Senior Analyst for Europe, the Middle East and Africa Krishan Gopaul. (Related: Demand for gold surges to highest rate in over a decade as world's central banks continue ...

Central banks will begin using digital currencies soon and it won’t matter whether people are ready for it

January 18, 2023 -

The Wall Street Journal's report touched on the issue of complexity, noting that digital currency is a "game-changing development [that] could have a profound impact on the banking system" despite the fact that "few people still understand it."

The outlet noted:

“Central-bank digital currency” doesn’t exactly roll off the tongue. But you might want to get used to saying it. These so-called CBDCs, or digital versions of dollars, yuan, euros, yen or any other currency, ...

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Citizens tired of being enslaved by criminal central banks labeled 'anti-capitalist' by mainstream media

Cars burn in Frankfurt as activists protest imperialistic central banks dominating sovereign nations

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Record-breaking gold purchases by central banks observed in Q1 2023

May 09, 2023 -

The World Gold Council (WGC) disclosed this finding in its latest report, noting that demand for the metal from central banks worldwide reached 228 metric tons (MT). This was a 176 percent increase compared to the 82.7 MT from a year prior. "This is all the more impressive, considering it follows the record-breaking pace of demand last year," the WGC said.

ZeroHedge reported that the gold purchases amounted to "the strongest first quarter on record." It also noted ...

Reuben Yap: CBDCs let central banks CONTROL how people spend their money

August 10, 2023 -

He remarked that CBDCs give central banks "a lot of fine-grained control of how you should be spending your money." Yap continued: "To me, your money is your business. You should be free to spend your money as how you like it. It's your choice."

"Your independence is a very key part of who we are. It's not for the state to tell us how we spend our money."

According to the Malaysian co-founder of the privacy coin, CBDCs run contrary to how free market economies ...

WGC report: Central banks extend gold buying streak in preparation for currency uncertainty

March 07, 2023 - central banks in 2022. We have faced questions from some investors on whether central banks will sustain this appetite for gold," said Krishan Gopaul, senior analyst at WGC. (Related: Central banks all over the world are buying gold at a furious pace.)

The Central Bank of Turkey, the largest reported purchaser in 2022, was also the largest buyer in January. It added 23 tonnes in the first month of the year, pushing its official gold reserves to 565 ...

Central banks race to implement new digital currencies as cities activate “smart” infrastructure

December 13, 2022 -

In recent months, many other central banks have announced similar plans. China, India, Russia, Brazil, Sweden, and the United States – among others – have all signaled a similar shift away from paper and coin money, which is soon to be replaced worldwide by a global digital money system.

Back in November, the globalist-controlled Federal Reserve announced the launch of a 12-week "pilot program" to test out a new central bank digital currency for America called ...

Central banks all over the world are buying gold at a furious pace

November 04, 2022 -

According to the World Gold Council (WGC), central banks all over the world purchased a record-breaking 399 tons of bullion during the third quarter of 2022, massively raising the global demand for precious metals.

The WGC also noted that retail demand by jewelers and buyers of gold bars and coins was also strong, with the world's demand for gold during the third quarter amounting to 1,181 tons. This amounts to a 28 percent year-over-year increase in demand....

Central banks trying to combat inflation as Europe and US face likelihood of recession

June 23, 2022 -

The U.S. Federal Reserve, European Central Bank (ECB), Swiss National Bank and the Bank of England have all made their move to rein in inflation in varying degrees. Consumer price inflation in the Eurozone hit another record high of 8.1 percent in May and the ECB has confirmed its intention to begin hiking interest rates at its July meeting.

Because of this, central bank leaders and economists have acknowledged that the aggressive tightening may be necessary to rein in ...

Coming economic collapse will be used to close banks and introduce central bank digital currencies

December 21, 2022 -

This is according to Clive Thompson, former managing director at Union Bancaire Privee, a private bank and wealth management firm in Geneva, Switzerland. He warned that this coming global financial crisis will start in one country and spread out all over the world. (Related: Investors are leaving the cryptocurrency industry en masse as collapse continues.)

When this happens, Thompson said, the countries severely affected by the crisis will close down their banks and ...

Health Ranger Report: Gregory Mannarino dubs central banks the PUPPET MASTERS controlling the entire financial system

March 21, 2023 -

Dubbed the "Robin Hood of Wall Street," Mannarino gained a reputation for his ability to predict future happenings in the markets. However, his recent warnings centered on the upcoming financial meltdown. People are being led to believe that raising interest rates can mitigate inflation, Mannarino said.

"I hate the central banks. These organizations are Public Enemy No. 1, [and] their goal is to consolidate power around the world," he told Health Ranger Mike Adams....

Central banks are the main source of instability in the world – and their collapse is NECESSARY

November 07, 2022 -

Smith noted that the world needs to figure out how to rein in the ability of central banks to hand money freely to "financiers and cronies." This, he wrote, is the first step to unseating bank finance as the dominant force in global markets. (Related: Central banks continue adding gold to their net holdings as fears rise of a global currency collapse.)

"Either power is taken from central banks or the vast inequality that is the result of central ...

Central banks are willing to destroy the global economy if it means saving the stock market

July 19, 2022 - central banks or the ECB in a process known as sterilization.

"The Federal Reserve is going to follow suit, either overtly or covertly, they're going to buy it all," commented Mannarino. "That's what's been going on here for weeks, ever since the day that … I witnessed that sell-off in the debt market … the same day, the European Central Bank started to buy more debt. The Federal Reserve followed suit, and now we have this unlimited bond-buying program."Bond-buying ...

Central banks continue adding gold to their net holdings as fears rise of a global currency collapse

October 06, 2022 -

According to a report at SchiffGold, central banks added to their gold holdings for a fifth straight month as war, supply chain crises, and a looming energy shortage in Europe all weigh heavily on global currencies and the global economy.

"On net, central banks added 20 more tons of gold to their reserves. Three banks drove buying in August and there were no notable sellers," the analysis said.

The report went on to note that central banks ...

Demand for gold surges to highest rate in over a decade as world’s central banks continue buying spree

February 01, 2023 -

The WGC reported that annual demand for gold increased by 18 percent in 2022 to 4,740.7 metric tons (5,225.7 tons). In the last three months of the year alone, central bank purchases of gold hit 417 metric tons (460 tons), or roughly 12 times higher than the gold purchases made during the same quarter of 2021, taking the annual total purchases to more than double of the previous year at 1,136 metric tons (1,252 tons).

Analysts have noted that the move by many of the ...