Russia Gold Buying Returns - Adds Substantial One Million Ounces To Reserves In January
Russia gold buying returned in January with the Russian central bank buying a very large 1 million ounces or 37 metric tonnes of gold bullion.
The increase in the gold reserves came after Russia did not buy a single ounce in December - a move seen as potentially a signal or an olive branch to the U.S. and the incoming Trump administration.
As John Rubino eloquently puts it, "when the history of these times is written, former Fed Chair Alan Greenspan will be one of the major villains, but also one of the greatest mysteries. This is so because he has, in effect, been three different people." Greenspan started his public life brilliantly, as a libertarian thinker who said some compelling and accurate things about gold and its role in the world. An example from 1966: "This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth.
Submitted by David Stockman via The Ron Paul Institute for Peace & Prosperity,
General Flynn's tenure in the White House was only slightly longer than that of President-elect William Henry Harrison in 1841. Actually, with just 24 days in the White House, General Flynn's tenure fell a tad short of old "Tippecanoe and Tyler Too". General Harrison actually lasted 31 days before getting felled by pneumonia.
Considering that in the past 3 months the only daily topic of relevance for the media has been "Donald Trump" both in the US and abroad, one would assume that when it comes to global policy uncertainty the primary source would be, record S&P 500 paradoxically notwithstanding, the United States.
Submitted by Jeff Thomas via InternationalMan.com,
In March 1933, the Enabling Act was passed by the Reichstag, Germany’s parliament. Its purpose was to provide Chancellor Adolf Hitler with the ability to bypass the Reichstag. It allowed him (amongst other measures) emergency powers to legally wage pre-emptive war without any further parliamentary or presidential approval, or even discussion.
In January 2017, H.J. Res 10 was introduced to the US House of Representatives. Its intent was simple and straightforward: