Donald Trump has been in favor of returning to a gold standard. Trump's nomination to a vacant position on the Federal Reserve is Judy Shelton who has also indicated a return to a gold standard. Her appointed is yet to be confirmed. Any economic decision making is now believed to be by the US Treasury removing dependency from the Federal Reserve. The head of the US Treasury is Steven Mnuchin appointed by Trump.
Reuters reported on 26 May "... Swiss exports of gold to the United States leapt to 111.7 tonnes in April — by far the biggest monthly total on record — while shipments to other destinations dwindled ....".
Following articles provide an insight into a gold standard:
https://www.cato.org/blog/classical-gold-standard-can-inform-monetary-polic
https://www.sciencedirect.com/science/article/abs/pii/S1062976920300302
DYOR
Furthermore this may put a smile on you face as there is 83 tons of gold missing:
https://www.businesstoday.in/current/world/biggest-gold-fraud-busted-in-china-83-tons-of-fake-gold-bars-used-as-loan-collateral/story/408497.html
- Forums
- ASX - By Stock
- WAF Chart
Donald Trump has been in favor of returning to a gold standard....
-
- There are more pages in this discussion • 148 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WAF (ASX) to my watchlist
|
|||||
Last
$1.61 |
Change
0.000(0.00%) |
Mkt cap ! $1.654B |
Open | High | Low | Value | Volume |
$1.63 | $1.64 | $1.59 | $3.399M | 2.113M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 5508 | $1.60 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.61 | 126757 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3010 | 1.600 |
5 | 92609 | 1.595 |
2 | 20350 | 1.590 |
1 | 3320 | 1.585 |
2 | 7320 | 1.580 |
Price($) | Vol. | No. |
---|---|---|
1.610 | 103794 | 4 |
1.615 | 55569 | 5 |
1.620 | 56266 | 7 |
1.625 | 58512 | 4 |
1.630 | 32461 | 2 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
WAF (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online