Category: Gold-Backed Currency
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Central Bank Gold Purchases Set New Record In First Quarter 2023
Central banks worldwide are amassing significant amounts of gold in their reserves. They increased their holdings by 228 tons during the first three months of 2023, setting a Q1 record.
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Florida, Indiana Ban CBDCs: Gold As Money A State’s Right
Florida and Indiana have introduced a ban on the use of central bank digital currency (CBDC) as a form of money within their respective states. The legislation explicitly excludes CBDCs from the definition of money, aiming to protect consumers and businesses from what some perceive as a potential threat to economic freedom and security.