Why Gold is not in a Bubble : Interview of Egon von Greyerz by Fabrice Drouin Ristori
Published Jan 10, 2013 on Goldbroker
Fabrice Drouin Ristori, founder and CEO of Goldbroker.com interview Egon von Greyerz, founder of Matterhorn Asset Management (Goldswitzerland.com) and board member of Goldbroker.com.
In this interview recorded in Zurich, Egon von Greyerz explains why it's important to own gold outside the banking system and why gold is not in a bubble.
Read article
Philippe Herlin : The Fed's Phony Benefits
Published Jan 17, 2013 on Goldbroker
There is very significant news that has barely made the headlines : Last week, the Fed has paid $89 Billion in benefits to the U.S. Treasury. It is 18% more than last year’s payment and it wipes out the $79 Billion 2010 record (Fed announcement).
By the way, in passing, the most profit-making entity in the USA is not Apple, Exxon or another company; no, it’s the central bank, living proof that the economy is upside down !
Read article
Bundesbank to Repatriate 674 Tons of Gold to Germany by 2020
Published Jan 16, 2013 on Bloomberg
The Bundesbank will repatriate 674 metric tons of gold from vaults in Paris and New York by 2020 to restore public confidence in the safety of Germany’s reserves.
Read article
Gold to average record high in 2013 - GFMS
Published Jan 16, 2013 on Financial Post | Business
Persistent concerns over the health of the U.S. economy and pressure on the dollar will send gold prices to a record average high this year, Thomson Reuters GFMS said on Wednesday, before the metal’s 12-year bull run tops out late in the year.
Read article
An Introduction to Gold-Backed Bonds: an Alternative to Austerity | World Gold Council
Published Dec 17, 2012 on Gold
Across Europe, economic growth is faltering and in many Eurozone countries, sovereign debt yields are dangerously high.
The World Gold Council has been exploring ways that Eurozone Member States could use their gold reserves to help bring down the cost of borrowing.
Read article