Daily Archives: October 16, 2018


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Russia No Longer Owns Any US Treasuries 1

The selling of US treasuries has been wildly popular and widely reported. China has been a seller for 3 months now. Japan has flipped to selling in August, now having the lowest amount since 2011. It should be of no surprise that Russia finally has no US treasuries, having sold off their remaining holdings as of August. Russia chooses to invest in gold instead. They are not alone, many countries are. Including most recently Poland and Hungry. Hungry has increased their domestic gold reserves ten-fold, to 31.5 tonnes in just the two weeks starting October 2018!


Mainstream Blockchain Making way into Gold

Many knew it all along; blockchain is secure, transparent, flexible, universal, efficient. Anyone not implementing mainstream blockchain today is being left in the dust, like a business still using file cabinets in 1999. One of the best use cases for blockchain is the banking industry. Nasdaq claimed blockchain has potential for reducing settlement time and risk exposures over 99% when the exchange implemented its own blockchain-based platform in 2015. At the time, former CEO of Nasdaq Bob Greifeld said…


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