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In case you missed it... As of July 1, 2025, gold will officially be classified as a Tier 1, high-quality liquid asset (HQLA) under the Basel III banking regulations.
That means U.S. banks can count physical gold, at 100% of its market value, toward their core capital reserves.
Top 10 largest central banks in the world
The World Rnking @worldranking_ on X
Majority of Fed Officials Leaning Against July Interest-Rate Cut -
Bloomberg
The next Fed Chair is going to be the biggest dove the world has ever seen...
Source: Spencer Hakimian on X
Central banks continue to DUMP the US Dollar for Gold:
95% of central banks expect global gold reserves to rise in the next year, according to a World Gold Council survey. A record 43% plan to boost their holdings. 73% expect USD reserves to decline over the next 5 years. Source: Global Markets Investor, Yahoo Finance
Blackout Period
Watch out for Jerome Powell's remarks this Wednesday.Then — the Fed enters a new phase:The blackout period ends Thursday, meaning Fed officials will be free to speak again starting Friday. source : evan
Central Bank Rate Decisions This Week
source : Bloomberg
On the back of lower than expected CPI (May) numbers, President Trump calls for the Fed to cut interest rates by "one full point." (i.e 4 rate cuts)
Source: Stocktwits
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