
Zero Rates are Putting European Banks in Jeopardy
Zero rates are hitting European banks at the core of their activity, and we must add to that their bad loans, especially in Italy, Spain, Portugal, Greece and Cyprus
Read articleZero rates are hitting European banks at the core of their activity, and we must add to that their bad loans, especially in Italy, Spain, Portugal, Greece and Cyprus
Read articleIn a February 28, 2017 speech widely regarded by analysts as heavy on rhetoric but light on substance, United States President Donald J. Trump reiterated the campaign promises that brought him to power without offering any plans for how or when he would deliver them.
Read articleWestern Central Banks have a real knack for timing the sale of their gold reserves. They are absolute experts when it comes to picking the bottom of the gold market. Central banks in the UK, Switzerland and Norway, to mention a few, timed their sales to perfection. The only problem is that they a...
Read articleCentral Banks don’t just lease their gold to the market. They most probably also sell gold covertly. Total Central Bank holdings are 33,000 tons. Of that Western Central Banks hold around 23,000 tons of gold including the IMF holding.
Read articleThe money created without any counterparty artificially inflates the value of assets, until they reach a breaking point – sooner or later.
Read articleSadly, not many investors understand the notion of buying an asset which is unloved and undervalued, like gold and silver at the turn of the century.
Read articleThe banks must feel threatened by the recent activity in both physical and paper gold trading.
Read articleOverall stocks have been a great investment for the last 100 years due to the massive credit expansion and money printing worldwide.
Read articleThe European Banking Authority (EBA) just called for urgent action to be taken in regards to European banks’ bad loans.
Read articleThere was another ban that was quietly proposed last week, and this one has far wider implications: a ban on cash.
Read articleAll currencies will reach their intrinsic value of ZERO in the next few years. Something that has fallen in value by 87-98% is guaranteed to complete the journey until it has lost 100%.
Read articleCurrecide represents the most pernicious, expansive and potentially profitable fraud ever committed against the people in history.
Read articleInvestors in the US would have made $262,000 more by investing in gold than in the S&P. In the UK, an investor would have made £448,000 more by investing in gold instead of the stock market.
Read articleGold bulls wagering the bullion rally has more room to run may have history on their side with the arrival of a new U.S. president.
Read articleThe financial world is so upended that even Switzerland is starting to slide awkwardly.
Read article2017 has just started but some longer-term trend changes already seem to develop.
Read articleMr. Trump does not know it, but applying a policy of protectionism for American industry through tariffs on imports means the death of the world's monetary system based on the dollar.
Read article20 currencies where gold has hit new highs over the last 2 years
Read articleAt the beginning of a new year it would be totally natural to forecast what the likely events and trends will be for 2017. A lot of experts around the world will predict a number of “new” events as if a lot of things will change just because we are entering a new year.
Read articleThe U.S. gold futures market was created in December 1974 as a result of collusion between the U.S. government and gold dealers in London to facilitate volatility in gold prices and thereby discourage gold ownership by U.S. citizens
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