
Ghana Plans to Buy Oil With Gold Instead of U.S. Dollars
Ghana's government is working on a new policy to buy oil products with gold rather than U.S. dollar reserves, Vice-President Mahamudu Bawumia.
Read articleGhana's government is working on a new policy to buy oil products with gold rather than U.S. dollar reserves, Vice-President Mahamudu Bawumia.
Read articleFrance, which is lagging behind its eurozone partners thanks to its tariff shield, seems to be heading for double-digit inflation in 2023. The energy dependence condemns Europe to high and lasting inflation.
Read articleCentral banks are snapping up gold this year, but it is uncertain which ones are behind most of that shopping spree, fueling speculation that China is a big player. Seeing how Russia has been hit by monetary sanctions by the West, China and some other countries must be hurrying to reduce dependen...
Read articleThe current crisis in the cryptocurrency market is a reminder of how important it is to know the product and the counterparty of the product you are investing in, and this also applies to holders of physical gold.
Read articleIs the $32 billion collapse of the crypto exchange FTX the catalyst for the fall of the financial system? We will soon know, but at least the GOLD vs CRYPTO debate was settled last week for the ones who believed cryptos represent wealth preservation.
Read article5 reasons why the classic 60/40 portfolio is history and gold is becoming more important in the portfolio.
Read articleFTX bankruptcy reminds us how important it is to pay attention to one's intermediaries on the one hand, and to the security of one's assets on the other. In this context, gold stands out from cryptocurrencies and reminds us once again of the lack of comparability between both assets.
Read articleEgon von Greyerz and Matthew Piepenburg, exchange thoughts on the latest market and gold developments with Ronni Stoeferle. The discussion opens with a nod toward generational thinking, and hence generational wealth preservation.
Read articleThe news is marked by the crisis of confidence in the entire cryptocurrency sector after the spectacular fall of the FTX exchange platform. The reaction of the markets to the consequences of the crypto crash may therefore prove difficult to read. The other event of the week was the release of the...
Read articleGradually, the myth of infinite growth is dying out. China is discovering that the continuous and harmful accumulation of debt will eventually pay off because debt has a procyclical effect, the countries of the Middle East and Russia (among others) understand their dependence on a naturally limit...
Read articleAs the US government's difficulties in financing its debt increase, the central banks of other countries are increasing their purchases of physical gold. The ultimate value of the yellow metal is gradually being realized. Gold is once again becoming the ultimate insurance against default.
Read article2022 will have confirmed our expectations. The price of gold has (so far) remained broadly stable with sharp movements linked in particular to the war in Ukraine. However, as we have shown, these movements are symmetrical with the past evolution of gold prices. Although the year 2022 is not over,...
Read articleCentral banks bought a record 399 tonnes of gold worth around $20 billion in the third quarter of 2022, helping to lift global demand for the metal, the World Gold Council (WGC) said on Tuesday.
Read articleThe global travelling circus is now reaching ever more nations just as expected. This is right on cue at the end of the most extraordinary financial bubble era in history. It is obviously debt creation, money printing and the resulting currency debasement which creates the inevitable fall of yet...
Read articleEnergy crisis in Europe, monetary policy in Japan, situation in China: black swans follow one another. Gold is taking advantage of the dollar's decline to breathe a little.
Read articleSilver has been a popular store of value for centuries. Today, large and small investors alike recognize silver’s intrinsic worth and are including silver in their investment portfolios. Without question, few other substances are as versatile, as beneficial, as beautiful as silver. It has been in...
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