Sentences with phrase «gold reserves from»

Germany's central bank completed its plan to repatriate the country's gold reserves from New York and Paris, three years ahead of schedule.

Previously, when Germany decided to take home some of its gold reserves from the U.S., investors scrambled to make an investment in gold.

Lately we've seen several central banks repatriate more of their gold reserves from foreign vaults, most notably Germany, Austria, France, Switzerland and others.

Not exact matches

Since 2014, foreign central banks have withdrawn 246 tonnes of gold from the New York Fed, a trend that reflects that central bankers are more seriously viewing the role of gold in their portfolio to lower the volatility of a reserve mix of just currencies.

I would argue that England in the 1920s suffered from some of the conditions of the US today: as countries built gold «reserves» by accumulating sterling, they undermined the British tradable goods sector and forced up unemployment.

In their view, the revenue from exports allowed the accumulation of gold, whereas the purchase of imports drained a nation's gold reserves.

The U.S. currently holds «only» 8,133.5 tonnes of gold in its reserves, a significant decline from the all - time high of over 20,000 tonnes in the 1950s.

A crucial move for the U.S. is to shift its crisis to other countries — by coercing China to buy U.S. treasury bonds with foreign exchange reserves and doing everything possible to prevent China's foreign reserve from buying gold.

In June 2010 the World Gold Council reported that Saudi Arabia had increased its gold reserves by 126 percent since 2008, from 143 tonnes to 323 tonGold Council reported that Saudi Arabia had increased its gold reserves by 126 percent since 2008, from 143 tonnes to 323 tongold reserves by 126 percent since 2008, from 143 tonnes to 323 tonnes.

We hypothesize that, having learned from the misadventures of the 1960s, the policy elites, well versed in the practice of financial engineering and market manipulation, would have seen no need to dump stocks of government gold reserves onto the market, 1960s style, to keep the price in check.

China said its gold reserve hit 1658 tons up from 1054 tons in April 2009.

Governments have on balance been net buyers of additional reserves; thus, aside from the newly mined and refined gold, additional supply can only come from existing private investments and jewelry recycling.

Effectively, the rise of the US dollar... and later the euro currency, from a single currency to a global or regional currency was supported by their huge gold reserve....

Could it be that someone found a way to vastly increase the supply of gold without having to go through the trouble of mining it — to dishoard and lease it from central bank reserves and then issue certificates against gold that never existed in the first place?

So has gold from the U.S. reserve been swapped?

In April 2009 China caused a bit of a sensation by announcing that its gold reserves had increased by 76 percent, from 600 tonnes to 1,054 tonnes.

But an expert in that market, Jeffrey Christian of the CPM Group, acknowledged at the March 25 hearing of the U.S. Commodity Futures Trading Commission, as he had acknowledged in an explanatory report published in 2000, that the London bullion market is actually a fractional - reserve gold banking system built on the presumption that most gold buyers will never take delivery of their metal but rather leave it on deposit with the LBMA members from whom they bought it.

Together with an enhanced exploration budget of $ 125 - million, the objective of Beyond 20/20 is to maximise the net asset value of our existing mines and projects by continuing to grow low - cost gold production from our growing gold reserves,» Goldcorp president and CEO David Garofalo said in a statement.

They simply want to avoid having instability disrupt their trade and domestic production, and to avoid having to take a loss on their international reserves held (mainly from inertia stemming from World Wars I and II when the United States increased its share of the world's gold to 80 per cent by 1950).

When we bought back Franco - Nevada from Newmont Mining in 2007, we paid $ 1.2 billion for the company and we had around 17 million ounces gold of reserves and 20 million ounce of resources.

Their expert knowledge will see the top examples awarded medals from Bronze through to Gold with Master reserved only for the truly exceptional.

The Grand Prize of $ 100,000 and a Gold Medal has never been awarded, and remains reserved for the first computer whose responses are fully indistinguishable from a human's — the first computer that can truly «think» (at least, per Turing's definition).

Lots being offered include: a tour of the House of Lords by Baroness Thatcher; a dress designed by Vivienne Westwood; two tickets at the summer concert at the Palais de Monaco given by His Serene Highness Prince Rainier; a tour of the Black Museum at Scotland Yard; a trip for two on the Eastern Orient Express from Singapore to Bangkok via Kuala Lumpur; a chance to handle the gold reserves at the Bank of England with Eddie George, the governor; a consultation for two with a well - known spiritualist medium and many more delights.

, published on the website < http://planetasustentavel.abril.com.br/noticia/ambiente/quando-recursos-minerais-se-esgotarao-648952.shtml >, based on information from the US Geological Survey, the US government agency responsible for geological research that crossed information on the annual consumption, mineral reserves available on the planet and its predictable extinction: 1) Platinum (use in surgical materials)-- Extinction by 2049; 2) Silver (use in the manufacture of mirrors and cutlery)-- Extinction in 2016; 3) Copper (use in wire and cable and air conditioning ducts)-- Extinction in 2027; 4) Antimony (use in remote controls and other materials to increase strength)-- Extinction 2020; 5) Lithium (use in cell phone batteries, laptops and video games)-- Extinction in 2053; 6) Phosphorus (use in agricultural fertilizers)-- Extinction in 2149; 7) Uranium (use for electric power generation)-- Extinction in 2026; 8) Indian (use in smartphones and tablets touch screen screens)-- Extinction in 2020; 9) Tantalum (use in cameras lenses)-- Extinction in 2027; 10) Nickel (use in metal alloy coating, electronics such as cell phones)-- Extinction in 2064; 11) Tin (use in coating metal alloys, such as those used in the soft drink cans)-- Extinction 2024; 12) Lead (use in car batteries and trucks and welds and bearings)-- Extinction in 2015; 13) Gold (use as jewelry and computer microchips)-- Extinction in 2043; 14) Zinc (use to cover alloys, preventing rust that destroy objects like coins)-- Extinction in 2041.

He raised taxes at a time when the average family was near or in starvation mode, he confiscated all of the nation's privately - owned gold and then promptly devalued the dollar by 40 % (reducing the buying power of any saved dollars by almost half overnight), he raised bank reserve requirements numerous times (taking yet more cash out of the real economy so it could be hoarded in vaults), he actively supported a trade war with tariffs that created massive global imbalances (some would argue ushering in the rise to power of fascist regimes that would have had no chance in times of prosperity), and perhaps most damning, rather than plowing most of those raised tax dollars back into the stalled economy, he instead bought gold on the global markets for the government and sequestered it, keeping it from backing new dollars (monetary expansion, which most understand is required to turn a recession around) and instead further crushing the economy — and not just the US economy.

I believe that we still have large reserves of it, but I have no idea what they are intended for, aside from being a relic of the gold standard.

Period IV covers 1945 - 73, the Bretton Woods era of rising gold reserves, with European countries and Japan amassing sizeable new post-war holdings as central banks exchanged surplus dollars for gold from the U.S. treasury.

Gold companies can also increase their reserves by making acquisitions — with gold prices down from their record high you may see an increase in gold mining company acquisitions at distressed priGold companies can also increase their reserves by making acquisitions — with gold prices down from their record high you may see an increase in gold mining company acquisitions at distressed prigold prices down from their record high you may see an increase in gold mining company acquisitions at distressed prigold mining company acquisitions at distressed prices.

From a government perspective, things look good also, with the budget deficit forecast to be about 1 % of GDP, the Debt / GDP ratio's around 10 % and Russia's FX / gold reserves have topped $ 500 billion.

So the «Global Warmers» are using 2795 gigatonnes from Carbon Tracker as the gold standard for CO2 from existing reserves.

Gold production from USGS, «Gold,» in Mineral Commodity Summaries (Reston, VA: U.S. Department of the Interior, 2005), pp. 72 — 73, 84 — 87; gold ore data calculated from New Jersey Mining Company Reserves & Resources, «Estimated Ore Reserves,» at www.newjerseymining.com, updated 31 December 2006; steel ore from Mandil et al.,Gold production from USGS, «Gold,» in Mineral Commodity Summaries (Reston, VA: U.S. Department of the Interior, 2005), pp. 72 — 73, 84 — 87; gold ore data calculated from New Jersey Mining Company Reserves & Resources, «Estimated Ore Reserves,» at www.newjerseymining.com, updated 31 December 2006; steel ore from Mandil et al.,Gold,» in Mineral Commodity Summaries (Reston, VA: U.S. Department of the Interior, 2005), pp. 72 — 73, 84 — 87; gold ore data calculated from New Jersey Mining Company Reserves & Resources, «Estimated Ore Reserves,» at www.newjerseymining.com, updated 31 December 2006; steel ore from Mandil et al.,gold ore data calculated from New Jersey Mining Company Reserves & Resources, «Estimated Ore Reserves,» at www.newjerseymining.com, updated 31 December 2006; steel ore from Mandil et al., op.

Overall, the financial stability that comes from hording gold and foreign reserves has historically protected the economic well - being of citizens in the event of external shocks.

Originally extracted from lapis lazuli by the Venetians in the 14th century and having a value greater than gold, this pigment was, until circa 1520, exclusively reserved for the depiction of the robes of the Virgin Mary.