Buongiorno, a proposito di cryptovalute...
io sono ignorantissimo in macroeconomia eh, ma vorrà pur dire qualcosa che per la prima volta dopo Bretton Woods le banche centrali di /almeno/ due nazioni economicamente pesanti /pare/ stiano tornando (o almeno tentando di tornare) a valute gold-backed [1] altro che smaterializzazione: non stanno "minando" Bitcoin o simili a manetta, stanno accumulando oro; non stanno passando da una fiat currency a una cryptocurrency: stanno tornando all'oro non è che forse il problema non è come si estraggono i lingotti ma come funziona il sistema monetario internazionale, evasione ed elusione fiscale incluse? non è che aver sostituito l'oro col... dollaro è (stato) /il/ problema? l'articolo originale del Financial Time è dietro paywall: https://www.ft.com/content/e0983ebb-bbe0-4d33-8517-e19fa06e1a77 ma è disponibile anche qui: https://worldnewsera.com/news/finance/stock-market/gold-buyers-binge-on-biggest-volumes-for-55-years/ «Gold buyers binge on biggest volumes for 55 years» --8<---------------cut here---------------start------------->8--- Central banks are scooping up gold at the fastest pace since 1967, with analysts pinning China and Russia as big buyers in an indication that some nations are keen to diversify their reserves away from the dollar. [...] The flight of central banks to gold “would suggest the geopolitical backdrop is one of mistrust, doubt and uncertainty” after the US and its allies froze Russia’s dollar reserves, said Adrian Ash, head of research at BullionVault, a gold marketplace. The last time this level of buying was seen marked a historical turning point for the global monetary system. In 1967, European central banks bought massive volumes of gold from the US, leading to a run on the price and the collapse of the London Gold Pool of reserves. That hastened the eventual demise of the Bretton Woods System that tied the value of the US dollar to the precious metal. [...] Officially, the buying in the third quarter was led by Turkey at 31 tonnes, taking gold to about 29 per cent of its total reserves. Uzbekistan followed with 26 tonnes, while in July Qatar made its largest monthly acquisition on record since 1967. The discrepancy between the WGC’s estimates and officially reported figures tracked by the IMF can be partly explained by government agencies besides the central banks in Russia, China and others that can buy and hold gold without reporting them as reserves. [...] At the same time, western governments have frozen $300bn of Russia’s foreign currency reserves through sanctions, which Shiels says has prompted nations outside the west to ask: “Should we have exposure to so many dollars when the US and western governments can confiscate that at any time?” [...] Yet CBR (Central Bank of Russia, n.d.r.) officials have long placed strategic value on boosting gold reserves; in 2006 it said it would be desirable for gold to make up 20-25 per cent of its holdings — in February 2022, the last time CBR published its statistical data, gold accounted for 20.9 per cent. It has reduced its holdings of US Treasuries to only $2bn from more than $150bn in 2012, while increasing gold reserves by more than 1,350 tonnes worth almost $80bn at current prices, according to Julius Baer, a Swiss private bank. [...] “The message these central banks are sending by putting a larger share of their reserves in gold is that they don’t want to be reliant on the US dollar as their main reserve asset,” Menke said. [...] The coming months will test whether record central bank buying was an opportunistic spurt as gold prices fell, or a more structural shift. Even with prices having since recovered to about $1,800 per troy ounce, few are willing to bet the trend towards diversification of central bank reserves will change course any time soon. Bernard Dahdah, senior commodities analyst at Natixis, the French investment bank, said deglobalisation and geopolitical tensions meant the drive by central banks outside of the west to diversify away from the US dollar was “a trend that won’t change for a decade at least”. --8<---------------cut here---------------end--------------->8--- saluti, 380° [1] che Wikipedia dice non essere consentito per le nazioni aderenti al Fondo Monetario Internazionale -- 380° (Giovanni Biscuolo public alter ego) «Noi, incompetenti come siamo, non abbiamo alcun titolo per suggerire alcunché» Disinformation flourishes because many people care deeply about injustice but very few check the facts. Ask me about <https://stallmansupport.org>.
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