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  • Bank of America Boycott Calls Grow After MAGA Accounts Closed

    Bank of America is facing calls for a boycott over allegations it is closing accounts of customers based on their political views.Multiple MAGA profiles and Republicans have criticized the bank in recent days over claims, which have been denied by the company, that it is allegedly engaging in a practice known as "de-banking" because of customers' religious and political beliefs.John Eastman, a former lawyer for Donald Trump, recently claimed his Bank of America and USAA accounts were closed in...

  • Regulators Close Republic First Bank, First US Bank Failure This Year

    Regulators have closed Republic First Bank, a regional lender operating in Pennsylvania, New Jersey and New York. The Federal Deposit Insurance Corp. said Friday it had seized the Philadelphia-based bank, which did business as Republic Bank and had roughly $6 billion in assets and $4 billion in deposits as of Jan. 31. Fulton Bank, which […]

  • World Bank Report Highlights Advantage Of Central Bank Gold Revaluation Accounts

    World Bank Report Highlights Advantage Of Central Bank Gold Revaluation Accounts By Jan Nieuwenhuijs of Gainesville Coins Recently the World Bank released a handbook for asset managers on why to invest in gold. At Gainesville Coins I have written numerous articles on gold revaluation accounts and how these can be deployed by central banks to absorb losses in case of emergency. The World Bank has taken notice of my research as they allude to this practice in a chapter on reserve...