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China raised its gold reserves for a ninth straight month in July. Bullion held by the People’s Bank of China rose by 740,000 troy ounces, the central bank said on Monday.

The financial system should have been allowed to collapse 15 years ago when the problem was 1/3 of today. But governments and central bankers prefer to postpone the inevitable and thus passing the batten to their successors thereby exacerbating the problem.

In the United States, public finances continue to deteriorate. Faced with a weak currency, Japan's central bank is forced to let rates rise. The price of gold in yen broke an all-time record, amid complete media indifference.

Since the introduction of measures enabling banks not to bear bond losses on their balance sheets, the markets have not recorded the slightest correction. We have just witnessed six months of spectacular gains. It's as if the Fed had assured the markets that it would not hesitate to intervene at the...

Will the world experience a catastrophic debt implosion? Just like the Titan Submersible that recently imploded, the global debt bubble can implode “within just a fraction of a millisecond”.

Not only does the US government have to cope with higher loan repayments due to rising rates, but it also has to support an economy that has been amputated by a growing number of consumers who no longer have access to credit due to prohibitive rates.

On Friday, the Russian state-controlled channel RT confirmed that Brazil, Russia, India, China and South Africa, also known as the BRICS countries, will introduce a new trading currency backed by gold.

The US economy continues to send very mixed signals. The number of bankruptcies in the US has risen sharply in recent weeks. Gold prices should have fallen further with weakening Chinese demand and the dollar's Olympic form.

The time has now come for the 99.5% of financial assets which are not invested in gold, silver or precious metals mining stocks to grab both the investment and wealth preservation opportunity of a life time.

According to Zoltan Pozsar, we are facing a multipolar world in which the dollar's status as reserve currency will be challenged by the renminbi and the euro. Gold is likely to play a major role in the new world monetary order.

Contrary to what many economists believed, the eurozone has finally entered into a recession. Rising interest rates and inflation are weighing on households. Consumption is falling. Demand for new loans is contracting sharply, particularly in France. The economic cycle is coming to an end. Like déjà...

When global debt represents three times world GDP, and given the unfair differences in access to debt, emerging countries suddenly seem to realize the difference between debt and currency.

The BRICS+ countries will announce the creation of a new currency at its annual leaders’ summit conference on August 22–24. It appears likely that the new BRICS+ currency will be linked to a weight of gold. This will be the biggest upheaval in international finance since 1971. It’s taking direct aim...

The U.S. debt crisis has been avoided, but the Treasury must urgently issue an avalanche of very short-term bonds to pay its bills. How much money does the U.S. government need? Initial estimates put the colossal figure at $550 billion, to be found immediately, starting this summer.

After ten consecutive rate hikes, the Fed decided to pause its monetary tightening cycle. However, it has announced that two further rate hikes of 25 basis points are expected between now and the end of the year.

In an unabated buying spree, China has continued to expand its gold reserves for a seventh consecutive month, reinforcing the sustained global demand for the precious metal among central banks.