Economy Minister Luis Caputo said Argentina plans to buy back sovereign bonds and start accumulating foreign reserves even while the peso trades within its band, according to people with knowledge of the matter https://t.co/M7QmfIdfUE ...

The obvious counter for the US is to make a similar power play for BitcoinFirst Squawk (@FirstSquawk):Bloomberg ReportsCHINA MAKES POWER PLAY FOR GLOBAL GOLD – EYES CONTROL OVER FOREIGN RESERVES TO CHALLENGE DOLLAR DOMINANCE•Beijing pushes to become the world’s custodian of foreign sovereign gold, aiming to shake up the bullion market.•The People’s Bank of China woos ...

Geopolitical Strategy - China seeks to increase global influence by attracting foreign gold reserves to the Shanghai Gold Exchange (SGE) [1] - The People's Bank of China (PBOC) is encouraging friendly nations' central banks to purchase and store gold within China [1] - At least one Southeast Asian country has expressed interest in this initiative [1] Operational Details - Gold reserves will be held in SGE international board-linked vaults [1] - These gold purchases will be counted as new additions to foreign reserves [1] - The gold will not be transferred from existing stockpiles [1]

Malawi’s debt bill this year will be $2 billion more than what it holds in foreign reserves, according to the IMF https://t.co/ez09wC161L ...