Serbia Relocates Its Gold Reserves
Serbia has increased its gold reserves to 37 tonnes and moved them to the treasury of the central bank from Switzerland's Bern, governor Jorgovanka Tabakovic said.
Read articleSerbia has increased its gold reserves to 37 tonnes and moved them to the treasury of the central bank from Switzerland's Bern, governor Jorgovanka Tabakovic said.
Read articleA month ago, coal and industrial metals were at their all-time highs. If inflation stays at this rate for 5 years, nothing of the purchasing power of money remains.
Read articleObviously, (ex-post) real rates are very important to the gold price. In the 1970s gold skyrocketed when real rates for two times in a row hit -5%. Can it happen again if inflation proves not be transitory and real rates stay negative?
Read articleIn Part I of this 2-Part discussion with Cambridge House CEO Jay Martin, Egon von Greyerz discusses MAM’s precious metal approach to preserving generational wealth in the backdrop of an increasingly “messy” global backdrop.
Read articleEvery key area of silver demand is forecast to rise in 2021, including a record total for overall demand - 1.029 billion ounces - the first time it has exceeded 1 billion ounces since 2015. In addition, physical silver investment is forecast to jump by 32% in 2021 for a 6-year high.
Read articleOver the next couple of years we are likely to see a stampede into gold by institutional investors which need to have some inflation protection in their portfolios. But even if they increased their assets in gold from 0.5% to 1.5%, there will not be enough gold in the world to satisfy the extra d...
Read articleThe Fed, for its part, is continuing to print money at the same crazy pace as before. The central bank promised to reduce its asset purchases, but by refusing to hike its rates and continuing to grow its balance sheet, it is exacerbating the rise in prices even more. There is ever more money in c...
Read articleGold rallied thanks to the changed narrative on inflation, and Biden’s infrastructure plan can only add to the inflationary pressure. Huge price moves ahead?
Read articleThe mass distribution is planning a price increase in food, reports Le Figaro. Michel-Edouard Leclerc, president of the hypermarket group of the same name, expects "a hell of a price increase this month". This should not come as a surprise. This was foreseen by one of the few economic theories th...
Read articleThe consumer prices index (CPI) published in the United States is a shock for the last of the faithful believers still clinging to the myth of ‘transitory’ inflation. Prices of gold and silver are breaking out. Over the long term, we note that this Gold/Copper pairing is a fairly reliable indicat...
Read articleIs inflation transitory? How does inflation expectation affect gold price? When will gold break out from its cup and handle price target? Gold experts Egon von Greyerz and Matthew Piepenburg share their level-headed forecast in this video.
Read articleWith the sheer quantity of cash accumulated in bank accounts in Western countries, the disruption to supply chains and the melting of the stocks in the futures markets (the last ‘tools’ that are putting the brakes on the rise in precious metals), the virus of physical gold and silver will likely...
Read articleThe Fed’s favourite inflation indicator, the PCE Deflator is at a 30 year high. Since the Treasury or the Fed are never correct in any prediction, how can they now believe with inflation tuning to the highest in 30 years, that this is transitory. Well at least the Fed is consistent in their inacc...
Read articleGold and Commodities in general continue to be too cheap and offer great opportunities to countercyclical investors now. Take precautions now, because this manipulation cannot last.
Read articleThe rise in the price of gold in a cycle of yield increases is the signal that the monetary authorities are late to act on the inflationary cycle. Historically, gold has never performed so well as when the central banks ‘run’ after inflation, and lag behind in terms of the rate of increase. Today...
Read articleEgon von Greyerz sits down with Jim Lewis and Ivan Bayoukhi of Wall Street Silver to discuss the deteriorating situation of the global financial system and what it means for the fate of the United States dollar and precious metals.
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