Why are central banks moving their gold?

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Last week, the Dutch central bank revealed it shifted roughly 86 tonnes of gold from New York and Ottawa toward London between March and August. The reason wasn't a prediction about gold prices. It cited geopolitical unrest, crisis preparedness and the need to make its reserves more readily tradable and accessible. 

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Greenland's Icecap Grew This Year

Greenland's icecap is doing just fine... It's still much larger than it has been for most of the last 10,000 years and if it is shrinking at all, it is doing so no faster than a century ago.


USD/JPY briefly dipped below 153.00; European equity futures are indicative of a flat open - Newsquawk EU Market Open

  • Iran warned that economic warfare will be met with a maritime exclusion zone from the Persian Gulf to the blockade perimeter, and said it has the ability to strike ships participating in the US blockade.
  • Yemeni forces reportedly launched ballistic missile and drone attacks on targets in Saudi Arabia, including around Khamis Mushait, Abha airport and King Khalid Airbase.
  • Canada’s retaliatory tariffs on US goods took effect as scheduled, while US President Trump called for a halt to US sales of Bombardier aircraft.

Asia Leads Global Value Rotation On Chip Woes

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A 175-Year Commodity Market Rule Is Breaking

Nickel has been priced at a consistent premium to copper ever since it started to be mined on a large scale in the mid-19th century. That seeming law of nature looks on the brink of breaking.


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