Articles

Gary Savage looks at the cycle structure of the precious metals market.

The French like to denounce American capitalism and mock its excesses and instability, especially in the financial sector. Nevertheless, when one looks at the data from the large banks on both sides of the Atlantic, it becomes clear that the most risk is actually with France.

As predicted by virtually everybody, even itself, the United States Federal Reserve lifted its benchmark interest rate by 0.25 to a maximum 1.5% at its December meeting.

That's right: as of this moment it is official that bitcoin is now the biggest bubble in history, having surpassed the Tulip Mania of 1634-1637.

For anyone who wants to preserve wealth, now is a good time to sell cryptos and buy gold. It could turn out to be the trade of the century. But even if it isn’t, there is no better form of insurance against the coming global problems than physical gold and silver.

The BRICS counties are considering starting an internal gold trading platform, according to Russian officials. When this happens, the global economy will be significantly reshaped, and the West will lose its dominance, predicts a precious metals expert.

Rickards expects gold to go to $10,000 an ounce as some central banks may have to resort to the gold standard to restore confidence in the markets.

11 tonnes of gold for a painting will probably not be beaten for the next 100 years or more. In the next 4-8 years, that painting can probably be bought for much less than 1 tonne of gold, more probably for 110 kilos or less (110 kg gold is today worth $4.5 million).

Russia's federal budget is prepared for the possible toughening of US sanctions. However, "If our gold and currency reserves can be arrested, even if such a thought exists, it would be financial terrorism," said Russian Finance Minister Anton Siluanov.

The physical fundamentals are stronger than ever for gold. Russia and China continue to be huge buyers. China bans export of its 450 tons per year of physical production.

BRICS countries are discussing the possibility of establishing a single gold trade system, First Deputy Chairman of Russia’s Central Bank Sergey Shvetsov said Friday.

The consequences of the implosion of debt and assets will lead to the biggest transfer of wealth in history. As debt implodes, so will all the bubble assets. Stocks, bonds and property will decline between 80% and 100%.

Despite what the crypto-evangelists will tell you, digital tokens will never and can never replace gold as your financial hedge. Here are six reasons why.

The ECB wants to prevent bank runs by allowing banks to block deposits and authorise limited withdrawals, like they did in Cyprus in March, 2013. According to the institution, the deposit protection scheme is no longer necessary.

Normally when rates go up, the dollar strengthens and gold weakens. They usually move in opposite directions. So how could gold have gone up when the Fed was tightening and the dollar was strong?

At this stage of the financial cycle with sharemarkets looking topped out, bonds & many fiat assets most overvalued it is good to have a foot in both Gold & Bitcoin to secure ones wealth through the coming financial meltdown.

With Bitcoin, more and more people are questioning what real money is and, slowly, the whole world will jump in, and gold will benefit from it. And that is good news.

The US working population of 154 million have the responsibility for the US total debt which currently is $70 trillion.

In Q3, Ray Dalio went on a gold buying spree, increasing his GLD holdings by a whopping 575%. As a result of the surge in holdings, Bridgewater as of this moment, the 8th largest holder of paper gold, known as GLD.

For anyone with capital to invest, this is probably one of the most interesting opportunities in history. But that presupposes that the investor is prepared to take the contrarian position. Now is the time to buy what nobody wants but which has a high intrinsic value and will benefit from the com...