Alasdair Macleod: A yen for gold
Submitted by admin on Fri, 2026-09-04 12:13 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, Toronto
Friday, September 4, 2026
The yen carry trade is blowing up, driving up global bond yields. Investors are slowly learning that the only safe havens are to be found in gold, silver, and storable commodities.
It started with Scott Bessent at the U.S. Treasury intervening in the JPY rate doing a favor for Japan's finance ministry in late-July.
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Norway's $2 trillion sovereign fund proposes deep cuts to U.S. Treasury holdings
Submitted by admin on Fri, 2026-09-04 10:29 Section: Daily DispatchesBy Iain Withers and Tommy Reggiori Wilkes
Reuters
Friday, September 4, 2026
LONDON -- The manager of Norway's $2.3 trillion sovereign wealth fund has proposed significantly cutting its exposure to U.S. Treasuries as part of a wider shake-up of its bond investments to improve returns, according to a letter published this week.
Norges Bank Investment Management has recommended reducing its weighting to government bonds within its benchmark bond index to 50% from 70%, with U.S. Treasuries, the biggest holding, getting the biggest cut, according to the letter.
Biggest money managers are rebuilding gold positions
Submitted by admin on Fri, 2026-09-04 10:19 Section: Daily DispatchesBy Yihui Xie, Yvonne Yue Li, and Jack Ryan
Bloomberg News
via The Straits Times, Singapore
Friday, September 4, 2026
Some of the world's biggest money managers have rebuilt their gold holdings after prices dropped, betting that long-term drivers of the precious metal will endure even as the U.S. Federal Reserve takes a more assertive stance on inflation.
A list of countries that have pulled gold from U.S. Federal Reserve
Submitted by admin on Thu, 2026-09-03 10:17 Section: Daily DispatchesFrom Newsweek, New York
via Yahoo News, Sunnyvale, California
Thursday, September 3, 2026
The Netherlands has become the latest country to pull gold out of the United States in recent years, as the Dutch Central Bank announced on Wednesday that it was moving 86 tons of its reserves from New York and Canada to London, citing "increasing geopolitical unrest." ...
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Fear of seizure helped prompt transfer of Dutch gold out of U.S.
Submitted by admin on Wed, 2026-09-02 15:38 Section: Daily DispatchesDutch Central Bank Moves Gold Bars Out of New York Over 'Geopolitical Unrest'
By Olaf Storbeck
Financial Times, London
Wednesday, September 2, 2026
The Dutch central bank has shifted more than 78 tonnes of gold from New York to London in a politically sensitive move, citing "increasing geopolitical unrest."
Dutch National Bank statement on relocation of gold reserves
Submitted by admin on Wed, 2026-09-02 11:24 Section: Daily DispatchesWhen will Hong Kong become a DNB depository?
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DNB Improves Tradability of Gold Reserves
From De Nederlandsche Bank, Amsterdam
Wednesday, September 2, 2026
