Tagged: reserves

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Will the Fed Keep Excess Reserves?

by Martin Armstrong QUESTION: Hi Martin, I recently asked an Economist for a major Financial Institute the following question. Will the Fed continue to pay interest on “excess reserves” after they start to reduce their...

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Russia Gold Rush Sees Record Reserves For Putin Era

by GoldCore by Yuliya Fedorinova of Bloomberg via Irish Indepedent Vladimir Putin is doing his part to keep the upswing in gold alive. Since the Russian president went on a geopolitical offensive in Ukraine in...

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Audit: University of California hid $175M in budget reserves from state and 10 executives analyzed had combined salaries of $3.7 million, or $700,000 more than those of their highest-paid counterparts statewide, after adjusting for cost of living.

USATODAY reports: The administration of the University of California (UC) system hid $175 million in budget reserve funds from state officials, a new review found, prompting the state’s auditor to call for “significant change” at...

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The Osage Indians were once the richest per capita people in the world due to oil reserves on their land. Congress then passed a law requiring court appointed “guardians” to manage their wealth. Over 60 Osage were murdered from 1921-1925, their land rights passed to the guardian.

Document in the “Hale-Ramsey Murder Case”, from the Oklahoman Collection at the Oklahoma Historical Society Photo Archives. The Osage Indian murders were a series of murders of Osage people in Osage County, Oklahoma in...