Gold & Silver Priced in WCU Continues to Track as Expected
We first looked at Gold and Silver priced in World Currency Units (WCU) back in March, and it's time for an update to see how those charts have been tracking.
Physical Gold Has Become More Reliable Than Treasury Bills30-year Treasury bonds have fallen by more than 50%. Losses are starting to mount again, and this is worrying many observers. Although the US is not exposed to the risk of default, this decline reflects the effects of tighter monetary polic...Laurent Maurel | Sep 21, 2023Read article
Russian Gold Reserves Rose by 3 tonnes in AugustIMF data shows gold reserves at the Central Bank of Russia rose by 3 tonnes (≈ 100,000 oz) in August. This means that its gold reserves are back to where they were at the start of the year - 2,333 tonnes.Goldbroker ™ | Sep 21, 2023Read article
A Brief History of the Gold RushSome people know the story of the Gold Rush from the Charlie Chaplin film, others from TV shows or books of all kinds. At the very least, historians consider this period to be one of the most significant of the 19th century. Both fascinatin...Julien Chevalier | Sep 19, 2023Read article
Is it Time to Trade in Your Real Estate for Precious Metals?This week we will look at a couple ratio charts that compare precious metals to real estate to get a sense of what might be the better investment going forward.Mike Roy | Sep 18, 2023Read article
Inflation Back on the Rise in the United StatesIn the United States, the consumer price index (CPI) rose by 0.6% in August and by 3.7% year-on-year. This is an acceleration on the 0.2% monthly increase and 3.2% annual gain published in July. The year-on-year increase is higher than the...Laurent Maurel | Sep 14, 2023Read article
Banking Crisis, Energy and Precious Metal PricesPrecious metal prices, particularly silver, are closely linked to energy prices. Bank demand for gold looks set to be extremely strong in the final quarter of 2023, especially as the banking crisis is likely to spread internationally, as it...Cyrille Jubert | Sep 13, 2023Read article
China’s Gold Buying Spree Continues For 10th Consecutive MonthChina added to its gold reserves for a 10th straight month, extending a push to bolster its hefty stockpile as it tries to diversify away from the US dollar.Goldbroker ™ | Sep 8, 2023Read article
BoJ Trapped by Monetary Policy: Gold Hits Record HighsGold is testing all-time highs in many currencies. Gold in yen is achieving this performance at a time when the Japanese bond market is going through an unprecedented crisis of confidence.Laurent Maurel | Sep 7, 2023Read article
Weakened Economy, China Looks Beyond Its BordersIt is becoming clearer an clearer that China will not be the leading power in tomorrow's world. Since the pandemic, China's economy and banking sector have been in dire straits. The country is looking for new sources of growth. At the BRICS...Julien Chevalier | Sep 5, 2023Read article
Gold’s Role Rises as Dollar Hegemony FallsMatthew Piepenburg sits down with Rick Rule and Jim Rickards to discuss the future of the USD, the rising BRICS tide and the Realpolitik of any realistic gold-backed BRICS trade currency.Matthew Piepenburg | Sep 4, 2023Read article
US GDP Figures Were Bogus: Sharper-Than-Expected SlowdownOn July 27, figures released by the US administration showed GDP up by 2.4%, well above the 2% anticipated by analysts. The U.S. economy seemed to be resisting the sharp rise in interest rates better than expected. But the administration pu...Laurent Maurel | Sep 1, 2023Read article
Consequences of Money Printing, Debt Creation and Money DebasementFor years Matthew Piepenburg and Egon von Greyerz have warned investors about the consequences of a system based on unlimited money printing, debt creation and money debasement. The world economy and the financial system is now on the cusp...Egon Von Greyerz | Aug 29, 2023Read article
Gold/Silver Ratio: Significant Moves in the Metals to ComeWe last looked at the Gold Silver ratio in February, and I would like to revisit the monthly chart today as the pattern has continued to morph yet is still playing out largely as expected.Mike Roy | Aug 28, 2023Read article
Credit Risk on the Rise: Banks Once Again Under PressureWith the recent rise in interest rates, demand for credit is collapsing in many sectors of the economy.Laurent Maurel | Aug 25, 2023Read article
Why Gold Remains a Safe HavenA recent NBER study shows the close link between the price of gold and the level of real interest rates. This study has attracted criticism for gold, and a Bloomberg article entitled "Gold is no longer a safe haven" has caused quite a stir....Thomas Andrieu | Aug 23, 2023Read article