The trend is accelerating, just as I predicted it would. Countries all over the globe are growing anxious, as the geopolitical atmosphere of the world continues to heat up, threatening to hit a boiling point. Central bankers and government officials who see the world through an unfiltered, non-rose-tinted lens are well aware of this, and are beginning to take the necessary actions required to protect... 

China has ended six years of concealing its gold reserves, announcing a 57% rise in its hoard which puts it in the top five with the largest stash of the precious metal. According to the People’s Bank of China, bullion assets totaled 3.31 million troy ounces or about 1,658 metric tons at the end of the June. The US has the biggest reserves put by the World Gold Council at 8,133.5 tons followed by... 

The Central Bank of Russia bought a record amount of gold in the first 11 months of 2014 spending an estimated $6.1 billion. Increasing gold reserves attempts to reduce dependence on the dollar amid geopolitical tension, Mark O’Byrne of GoldCore, told RT. Russia’s gold purchases accounted for a third of the world’s total of 461 tons, according to research by Thomson Reuters GFMS (Gold Fields... 

Germany’s central bank is set to reclaim some of its vast gold reserves held in the US and France, a German daily reported. The move follows an audit criticizing Bundesbank for mismanagement, stating the funds had never been “verified physically.” Bundesbank voiced plans to withdraw its entire 450-ton store of gold bullion from the Bank of France in Paris, and a portion of the 1,500 tons currently... 

Venezuela’s Ministry of Finance and the country’s Central Bank plan to gradually pull the country’s gold reserves out of the US, Canada, and Europe. A member of the National Assembly of Venezuela Braulio Alvarez told a Press TV correspondent that, “Studies have been carried out and have resulted in the necessity of returning these assets. Why are we paying custody in other countries...