
The Nilar: A Pan-African Gold Currency
A common African gold currency is a way to effectively achieve monetary and thus economic independence. That being so, this article presents the nilar, a pan-African gold currency.
Read articleA common African gold currency is a way to effectively achieve monetary and thus economic independence. That being so, this article presents the nilar, a pan-African gold currency.
Read articleThe bond issue risks complicating the liquidity of the US Treasury market.The risk is that they will lose their status as a reserve asset, which would create a systemic risk. The confidence in the value of US debt is at stake. In this perspective, the purchase of physical gold becomes very import...
Read articleHow does the price of gold coordinate the players in the gold market? Investors, miners, central banks, funds, individuals, etc. How has the behavior of each of these agents been historically influenced by the price of gold? This question is rarely asked by market specialists and yet deserves to...
Read articleIn this brief interview with Wall Street Silver, Egon von Greyerz discusses US and global markets, precious metal pricing and the inevitable rise in hard assets as global economies and currencies soften in a backdrop of rising rate insanity and increasing risk.
Read articleThe current crisis clearly marks the borderline between two qualities of assets: those that offer a capacity to store energy and therefore protect against its volatility (precious metals) and those that impose, on the contrary, a dependence on fluctuating costs and threaten to transform a simple...
Read articleIn the context of a real estate bubble, economic slowdown and geopolitical conflicts, the Chinese central bank, more commonly known as the People's Bank of China, has just decided on a new rate cut. The Middle Kingdom is entering a new reality.
Read articleAll sectors of the economy, individuals, companies, banks, local governments etc will be in need of financial support of a magnitude never before seen in history. But remember that what governments and central banks are doing will add ZERO intrinsic value to the economy. Instead they are creatin...
Read articleThe accurate measurement of inflation is particularly important in the current period. Prices are slipping at levels not seen in decades. Households and businesses need to have the best possible perception of this in order to adjust their behavior. Unfortunately, national statistical institutes t...
Read articleThe last few physical silver bars are being snapped up on the COMEX. Under these conditions, we should experience a situation identical to that of 2020, with problems securing supply on the silver market. The current supply disruption is also a repercussion of the monetary shock imposed by the Fed.
Read articleEgon von Greyerz says massive money printing and huge amounts of unpayable debt will lead to a monster financial meltdown soon. The era of Shangri-la and money printing and saving the world by fake money—that era is totally gone.
Read articleWhile the daily manipulations of the bullion banks allow a few participants to make substantial gains in the derivatives markets, the BRICs continue to get their hands on most of the available physical gold stocks, led by China.
Read articleThe history of money is several thousand years old. But do we know its evolution? How was it created? How does it work? Its influence? The questions that revolve around this social link are of little interest to the average person. Yet money structures our economic and political models.
Read articleGovernment officials speak of a "peak" in inflation... But inflation is here to stay, because its causes are still present: the money printing of central banks to finance budget deficits, the energy transition which increases the price of electricity, the ill-considered sanctions taken against Ru...
Read articleRussia proposes a new international standard for trading in precious metals: the Moscow World Standard (MWS) which will become an alternative to the London Bullion Market Association (LBMA) which systematically manipulates precious metals markets to depress prices. According to Russia’s Finance M...
Read articleAs with platinum, silver stocks available for delivery are accelerating their decline this week. This raid on COMEX precious metals stocks is also affecting gold. The rate at which stocks eligible for delivery are disappearing is accelerating.
Read articleAfter a three-week trial and more than eight days of deliberations, Michael Nowak and Gregg Smith were found guilty Wednesday by a federal jury, convicted in Chicago on charges they manipulated precious-metal markets for years.
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