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Olduvai III: Catacylsm
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Withdrawals Of Gold From NY Fed Jump To 20 Tons In September, Total 276 Tons Since 2014

Withdrawals Of Gold From NY Fed Jump To 20 Tons In September, Total 276 Tons Since 2014 First it was Germany who redeemed 120 tons of physical gold in 2014; then it was the Netherlands who “secretly” redomiciled 122 tons of gold; then this past May, we learned that Austria would be the third “core” European nation to repatriate most of […]

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This Is What Global Currency War Looks Like: A Complete History Of Recent FX Interventions

This Is What Global Currency War Looks Like: A Complete History Of Recent FX Interventions After the dramatic collapse in the SNB’s defense of the Swiss Franc peg to the Euro, there was a period of relative FX peace in which few if any central banks engaged in outright currency intervention (aside from the countless […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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