central banks

*Came across this by accident. Thought it worth sharing. Inflation: The Soviet Tool for Destroying Money In March 1919, the Communist Party headed by Vladimir Lenin stated in its newly drafted program that among the party objectives was the complete abolition of money. The State Bank of Russia...

https://wolfstreet.com/2022/11/01/bank-of-england-sold-bonds-outright-today-to-speed-up-qt-will-sell-more-at-regular-auctions-first-major-central-bank-to-sell-bonds-outright/

The sands are running out of the Hour Glass. IMO

I saw this posted at ZH. I didn't attach the same level of importance to it that ZH did, but I do find it curious. Someone at the DNB probably going to lose their job after letting this get published (emphasis is mine): https://www.dnb.nl/en/payments/goud/index.jsp

Full report: http://www.telegraph.co.uk/finance/commodities/8858493/Central-banks-top-up-gold-reserves.html

http://www.reuters.com/article/2011/10/20/russia-reserves-gold-idUSL5E7LK2GO20111020 :gold::gold::gold:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/10/21_London_Trader_-_China_Bought_Massive_Amount_of_Gold_Today.html How long can the commercials play this game? Until the supplies dry up. Musicals chairs on a global scale...