The mechanism for dollar creation and gold were completely decoupled from each other, in other words, and so it was inevitable that the quantity of dollars in existence would quickly outpace how much gold the US Treasury had in its vaults. As the amount of dollars multiplied and the amount o...
Ethan Hollow
UBS believes that the sources of gold purchases are currently scattered, including hedge funds and central banks. The motivations for buying gold include: 1. The monetary policy of the Federal Reserve and the risk of inflation; 2. The geopolitical situation; and 3. Concerns about the US financi...
dollars are the largest in the world, thereof only 2.5 percent gold. It has unusual incentives to change this: About 60 percent of its reserves are in U.S. dollar-denominated Treasury bonds, a result of cumulated trade surpluses. This gives China a terrible trade war weapon of last resort...
US Treasury yields moved lower across the board yesterday, with the 2s10s curve bull steepening by 5bp. The 2Y yield was down notably by 7bp while the 10Y yield was lower by 2bp. US PPI rose as expected, with annual growth for August at 1.7% compared to 2.1% in July. Core PPI ...
China has a ___ exchange rate against the US$.fixed A. fixed;floating B. floating;floating C. fixed;D. None of the above 5. In the past years, China kept the value of its currency lower than what it should be.This exchange rate policy ___ from China and ___ into China.A.incre...
In October 2022,H.R. 9157quietly entered the U.S. House of Representatives. Its purpose? To require the U.S. Treasury to tie the U.S. dollar to a specific weight of gold, putting the United States back on the gold standard.
The 10-year Treasury note delivered an annualized return of 3.7% over the same span. Adjusted for inflation, 10-year notes delivered an annualized return of 1.2%. Gold, meanwhile, generated an annualized return of 5.7% before inflation. On an inflation-adjusted basis, gold's annu...
回复@jnyzh15: This is this Bessent treasury remark gold reserve news. If materialize, it increases about 750B value for US government which also means too much reserve on one asset given US already largest gold owner as strategic reserve. This means potential diversifying into other asset ...
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