The Worst Thing You Can Do With Insurance Is Trying To Time It
My selection of tweets of the week: paper gold derivatives, stock market, gold as insurance...
Read articleMy selection of tweets of the week: paper gold derivatives, stock market, gold as insurance...
Read articleThat the world economy for the last 100 years was totally dependent on credit and printed money is not a new miracle paradigm but a the sign of diseased system. Issuing fake money at zero cost always had to end badly.
Read articleBank of America raised its 18-month gold-price target to $3,000 an ounce, in a report titled “The Fed can’t print gold.”
Read articleMine closures and selling restrictions are causing shortages of precious metals in the retail sector, but ETFs are experiencing large inflows of funds. Where do they get the gold, if at all?
Read articleGold exports from Switzerland to the U.S. soared in March as American investors rushed to buy bullion amid the virus-driven panic.
Read articleDevaluation of major fiat currencies versus gold since 1900. The dollar devalued by 98.4% to gold.
Read articleWith a sharp drop in GDP and an unprecedentedly high level of bank notes, we are entering the scenario we analyzed on February 6: money printing + fall in output = hyperinflation. Both mechanisms are, in our view, necessary for price slippage to occur, and here we are. Inflationavirus is coming.
Read articleAs I have outlined in many articles, stocks, bonds and property will lose 90-99% in real terms, against gold, in the next few years. Many bonds will lose 100%. And paper money will lose 100%.
Read articleCentral banks continued their gold-buying spree in February, although the pace of gold purchases has slowed compared to last year’s near-record purchases.
Read articleBearish rising wedge appears not to have been valid. The bullish H&S trumps it.
Read articleGold revaluation will be the ultimate margin call (on real money) since you will be asked to put much more paper money to own/keep real money : gold in it's physical form.
Read articleComparing the 1970 gold bull market to the current gold bull market. Potential gains of 4x are right in front of us.
Read articleA Hyperinflationary Depression has always been the inevitable end to the biggest financial bubble in history. And this time it will be global. Hyperinflation will spread from country to country like Coronavirus.
Read articleWith the ongoing financial meltdown, demand for precious metals has exploded while at the same time, supply has abruptly dried up. Prices will not stay long at current levels. Expect some great surprises in May-June.
Read articleWhoever doesn’t learn to dance in the rain will struggle to survive the virtually non-stop storms that the world will experience in the next few years. The abrupt downturn in the global economy, triggered but not caused by coronavirus, came as a lightning bolt out of the blue.
Read articleWhat's the point of holding dollars (paper) if you can't buy physical gold ? It's a bit dangerous to think that one will be able to time exactly when to make the move from dollars to physical gold.
Read articleFaced with the coronavirus crisis, the central banks went into "open bar" mode: in the United States, the Federal Reserve announced on March 3 an injection of $1.5 trillion coupled with a cut in its key rate to zero, while the European Central Bank followed with the announcement on March 19 of a...
Read articleMining in Mexico has been shut down by government decree until the end of April as part of measures to contain the COVID-19 virus outbreak, having not been granted an exemption as an essential service.
Read articleAre we witnessing the end of "paper" gold with the blatant disconnect in between futures (paper) and physical market ?
Read articleWith very little physical available and demand substantial, there is soon likely to be pressure on the paper market. Investors who have bought gold and silver futures will be concerned of the contracts being honoured and ask for delivery. What we are seeing now is probably the beginning of the en...
Read article