Good Reads
The Crisis at the Fed That No One Talks About
Of all the issues facing the Federal Reserve’s new chairman, Kevin Warsh, one that gets little public attention is the financial condition of the Fed itself. In addition to its much-publicized roles of setting short-term interest rates, which may be headed back up, and creating inflation, which is already too high, the Fed is a giant financial enterprise. It has total assets of $6.9 trillion as of March 31 combined with negative real capital. Read on »
Central Bank Gold Reserves Survey 2026
Central banks have accumulated an average of 1,000t of gold over the past four years, up significantly from the 500t average over the preceding decade.1 This marked acceleration in the pace of accumulation has occurred against a backdrop of geopolitical and economic uncertainty, which has clouded the outlook for reserve managers. Read on »
Mining’s next boom is off the map
Research firm BMI’s new Metals And Mining Megatrends To 2050: Navigating A New Era Of Technology, Geopolitics And Green Transformation argues that over the next quarter century, the mining industry will increasingly venture north of the 60th parallel, kilometres below the ocean surface and, eventually, beyond Earth’s orbit. Read on »
Community News