
China's Gold Reserves Rise For 6th Straight Month
China's gold reserves rose by 8.09 tonnes to 2,076.47 tonnes at the end of April, marking the sixth consecutive monthly increase in gold holdings.
Read articleChina's gold reserves rose by 8.09 tonnes to 2,076.47 tonnes at the end of April, marking the sixth consecutive monthly increase in gold holdings.
Read articleDow/Gold currently finds itself testing the lower rail of what may be a large Bear Flag. If it is a halfway flag, similar to that of the 1970s, the resulting measured move from a breakdown would be below 3. 30,000 Dow/$10,000 Gold? 6,000 Dow/$2,000 Gold? 90,000 Dow/$30,000 Gold? The answer will b...
Read articleMatthew Piepenburg shares his views in this extensive interview with Daniela Cambone of Stansberry Research, covering the Fed, petrodollar and de-dollarization, banking risk and gold.
Read articleThe banking crisis, which is mainly affecting U.S. regional banks, has deepened this week. The Fed has spent $400 billion to save the banking sector and avoid bank runs. Jerome Powell just announced a pause in the rate hike, but that doesn't mean that the Fed will pivot: high rates will continue...
Read articleSilver/Euro has already broken out on the monthly chart. Breakouts on higher time frames are even more significant, and this chart is an important piece of evidence that supports all time high prices ahead.
Read articleMeasuring Gold – Nature’s Money and Eternal Wealth in what governments and central banks destroy on a daily basis clearly makes no sense whatsoever. Therefore price projections of gold are totally meaningless.
Read articleWithout a quick solution to the threat of a payment default, we risk entering a new systemic crisis, this time affecting one of the pillars of the financial system.
Read articleInflation will persist. Central banks are slow to react and the current level of interest rates will not be enough to stop the rise in prices. A "great depression" is looming…
Read articleLet's decipher the fundamentals of the silver market and the outlook for 2023. The latest World Silver Survey 2023 shows that the silver supply gap is historic and quite significant. This supply deficit alone represents 20% of total market demand !
Read articleThe Reserve Bank of Zimbabwe (RBZ) is set to introduce a gold-backed digital currency to be used as legal tender for transacting in the country as part of interventions to stabilise the local currency.
Read articlePhysical silver demand has dramatically skyrocketed. The deficit was barely 50 million ounces last year. This year, the deficit has exploded to 237 Moz. In other words, silver demand exceeds supply by 7,393 tons. A colossal figure!
Read articleThe Gold/SPX (S&P 500 index) ratio appears to be breaking out of its third major consolidation in the last 100 years. The Silver/SPX ratio shows a similar story to that of Gold/SPX, as it too is breaking out of its third major consolidation in the past 100 years.
Read articleIt is fascinating how the gold-to-S&P 500 ratio continues to track its historical performance once again after major distortions across the US Treasury curve. Today's outperformance of precious metals relative to the overall equity market is still in its initial phase.
Read articleThe debt/GDP ratio is now too high to continue the restrictive monetary policy. The Fed is stuck, it has no choice but to stop its fight against inflation in a context of economic slowdown. Stagflation is now inevitable. It is precisely this type of stalemate and stagflationary environment that g...
Read articleEconomic and (geo)political developments in recent weeks and months have indeed been exciting. In many areas, it looks as if we are heading for a showdown, for a lasting, formative change. The following five charts present the multi-faceted showdowns that are happening right now before our eyes.
Read articleThe bullish impulse in silver prices is, in any case, very strong in recent weeks. The movement resembles the very bullish phases of 2010 and early 2020. Silver rises on "feverish rush". This is characteristic of a metal whose prices are highly regulated by the futures market and whose tangible u...
Read article