Gold Still The Standard For Germans
A Bundesbank exhibit pays tribute to Germans' deep-seated love of the precious metal while honoring postwar economic prowess.
Read articleA Bundesbank exhibit pays tribute to Germans' deep-seated love of the precious metal while honoring postwar economic prowess.
Read articleAmid the current events, it would be wrong to see the information that the Turkish Central Bank has repatriated its gold reserves stored earlier in the US Federal Reserve System as a mere coincidence.
Read articleMany banks are ailing in Europe, notably in Italy, Greece and Spain, but Deutsche Bank, sitting at the core of Europe’s largest and most competitive economy, is like an atomic bomb that could spark a worldwide financial crisis, just like Lehman Brothers did in the past. Even Mario Draghi, ordinar...
Read articleIn addition to the insoluble economic and financial problems in the world, the geopolitical situation is now so serious that we might not need to worry about the economy.
Read articleFor many years I have warned people about the coming risks and changes that the world will experience. Very few people are aware of these risks and even fewer understand them. In this piece, I will make an attempt to summarise what I see coming.
Read articleA major new silver bullmarket looks imminent that is expected to kick off with a dramatic spike, due to a wave of panic short covering.
Read articleHere’s new proof of the incompetence of French governments to manage the country’s debt. France issues 10% of its debt in inflation-indexed securities. This insane risk-taking will bring it to ruin if prices start to get into a skid.
Read articleIt is certainly not a coincidence that this trade war started right before the oil trading in Yuan begun. Eventually this will lead to the demise of the dollar and a major power shift from West to East as well as much higher gold prices.
Read articleGold bulls are finding 2018 offers plenty of reasons to be cheerful. Bullion’s wrapping up a third quarterly gain, a feat not seen since 2011.
Read articleCounterfeit gold coins have been around since the coinage of gold first started in the Greek city of Lydia around 600 BC. Fake gold bars and coins are ubiquitous and many owners of gold are not aware that they have fake gold.
Read articleFor the first time in more than five years, commodity analysts at the U.S. investment bank are bullish on yellow metal prices. Goldman's analysts said signs of an uptick in inflation and the "increased risk" of a stock market correction should both prove to be price supportive for bullion.
Read articleBeing able to get financing entirely from one’s central bank – at zero cost and without any outside constraint – is the dream of any spendthrift State... until bankruptcy (either by default or by hyperinflation).
Read articleOver the last 100 years, governments and central bankers have made the investment markets into a casino with only winners which primarily have been the bankers themselves.
Read articleIn its first meeting with Jay Powell in the chair, the Federal Open Market Committee (FOMC) of the United States Federal Reserve raised the nation’s benchmark interest rate by a quarter-point to a range of 1.5 to 1.75 percent, exactly one point higher than one year ago at this time.
Read articleIf countries are unable to obtain dollars for their Central Bank reserves, they will have to look for a substitute. And the only substitute will have to be GOLD.
Read articleWhy should we ever listen to any of these self-important central bankers. They are consistently inaccurate in their forecasts and policies. Their timing is always wrong as they are always behind the curve.
Read articleThe leadership of the Hungarian National Bank (MNB) has decided to bring back home Hungary’s gold reserves.
Read articleSince the two coalitions that won are euro-sceptic, very critical of the euro and against immigration, this means that 70% of Italians are dissatisfied with Rome and Brussels policies.
Read articleGold is hated by governments around the world because it reveals their deceitful actions in totally destroying the economy. It is not an accident that gold is the only money which has survived for 6,000 years. Gold is the only money that tells the truth. And gold is nature’s money which means it...
Read articleGary Savage takes a look on what might be in store for gold over the next month, by the march FOMC meeting.
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