News

Since 2018 we have again seen a series of impulse moves higher followed by bullish consolidations. Gold price in euros appears to be breaking out of one such consolidation now that began in February, 2022, and the next impulse move higher may soon be upon us.

Matthew Piepenburg joins Michelle Makori to discuss the ongoing Silicon Valley Bank collapse, and what it means for markets, gold, and Fed policy. Topics cover inflation, gold price, de-dollarization, Central Bank Digital Currencies and risk.

The latest headlines, of course, are all pointing toward the ripple effect of Silicon Valley Bank (SVB), and they should be. This banking metaphor for the tech sector in particular and the previously described disaster in California as a whole or the matter of banking risk as a theme, require und...

The failure of Silicon Valley Bank (SVB), the 16th largest US bank by assets, has put the financial markets under pressure. Beyond the systemic risk to the US tech ecosystem, the bank run phenomenon could spread to the entire banking sector.

In this interview with Chris Waltzek of GoldSeek Radio, Egon von Greyerz, covers a wide swath of global financial issues—from inflated asset bubbles and macro inflationary forces (and hence declining currency power) to stressed pension funds, fantasy CBDCs and unsustainable debt levels. All of th...

Rates have gone from 0% to 5% in a few months! This new rise in rates is putting pressure on the price of gold. The yellow metal is holding above $1,800, en route to its support just below that level.

A powerful endorsement for gold as money came this week from a member of the Executive Board of Germany's Bundesbank, Joachim Wuermeling, who spoke at the press conference in Frankfurt presenting the Bundesbank's annual report for 2022.

The debate about central bank losses (which applies not only to the eurozone but to many countries in the West) shows us more than ever how much our system of unlimited debt is suffering. A new paradigm must be opened as soon as possible, where money creation would be rethought in depth to truly...

The World Currency Unit is a blend of the world's largest currencies and represents a unit of real global purchasing power. Measuring Gold and Silver in WCUs helps to reduce the volatility of individual currencies and their inflationary impacts on the charts.

Central bank gold demand in 2023 picked up from where it left off in 2022. In January, central banks collectively added a net 31 tonnes (t) to global gold reserves (+16% m-o-m). This was also comfortably within the 20-60t range of reported purchases which has been in place over the last 10 consec...

For at least half a century, the world has been in a process of self-destruction. As the decline accelerates, the next phase of 5-10 years will include major political, social, economic as well as wealth – destruction.

For the time being, although the U.S. economic numbers are not impressive, they do show some resilience, especially on the consumer side. Unfortunately, the situation in Europe is quite different. The geopolitical event of the week is China's dramatic shift in rhetoric toward the United States.

Central banks are buying at a historic pace, demand for physical gold is rising sharply, and gold mining production is stagnating due to rising costs. This trend is indicative of a new equilibrium that is, so far, a bullish factor for the gold price.

Gold is still very high relative to rates, probably because of the US fiscal risk and new inflationary expectations. This strength is also explained by the worsening geopolitical context and the stalemate in the Ukraine. Any threat of new sanctions now acts as a support for the price of gold.

There is no longer any doubt: the dollar is on the verge of losing its status as an international trade currency across a large part of the globe. The BRICS want to return to a gold-backed currency. The revolution of 2023 will be as significant as that of 1789 in the overthrow of the established...

The Gold/Silver ratio has been building out a decade-long Head & Shoulders pattern since bottoming in 2011. At a current ratio near 85, Gold and Silver remain very cheap on an historical basis.