BRICS Countries Mulling Formation of Single Gold Trade System
BRICS countries are discussing the possibility of establishing a single gold trade system, First Deputy Chairman of Russia’s Central Bank Sergey Shvetsov said Friday.
Read articleBRICS countries are discussing the possibility of establishing a single gold trade system, First Deputy Chairman of Russia’s Central Bank Sergey Shvetsov said Friday.
Read articleThe consequences of the implosion of debt and assets will lead to the biggest transfer of wealth in history. As debt implodes, so will all the bubble assets. Stocks, bonds and property will decline between 80% and 100%.
Read articleNormally when rates go up, the dollar strengthens and gold weakens. They usually move in opposite directions. So how could gold have gone up when the Fed was tightening and the dollar was strong?
Read articleWith Bitcoin, more and more people are questioning what real money is and, slowly, the whole world will jump in, and gold will benefit from it. And that is good news.
Read articleThe US working population of 154 million have the responsibility for the US total debt which currently is $70 trillion.
Read articleFor anyone with capital to invest, this is probably one of the most interesting opportunities in history. But that presupposes that the investor is prepared to take the contrarian position. Now is the time to buy what nobody wants but which has a high intrinsic value and will benefit from the com...
Read articleA short-term bounce in the US dollar, which suggests gold may continue to consolidate for the time being, should provide interesting entry points for those looking to profit from the resumption of the longer-term rally in the precious metal.
Read articleGermany’s gold investment market has boomed in the past 10 years. In the face of successive financial crises and loose monetary policy, German investors turned to gold to protect their wealth.
Read articleBy having control of the physical market for gold, China can threaten to use it to destabilize the dollar, without destabilizing the yuan.
Read articleChina and Russia know that it is only a matter of time before the dollar will lose its status as reserve currency. They also know that before this happens, the dollar will start crumbling and eventually disappear into a black hole resulting in an implosion of all the dollar assets and debts.
Read articleGold is better than cryptocurrencies due to its durability and intrinsic value, explains American banking giant Goldman Sachs.
Read articleDon’t hold gold in a Swiss Bank or in any bank in any country. We regularly see examples both in medium sized and big Swiss banks that should make bank clients very concerned.
Read articleInflation is coming and it will have a major effect on the world economy and financial markets. This is one of the factors that will drive gold to levels which few can imagine today. Later in this piece, I am discussing 10 Factors which will make gold surge.
Read articleThe traditional post jobs report rally for gold is in full swing. Gold arrived at a key Fibonacci line at about $1268 as the US jobs report was released.
Read articleChina, increasingly backed by Russia—the two great Eurasian nations—are taking decisive steps to create a very viable alternative to the tyranny of the US dollar over the world trade and finance. Wall Street and Washington are not amused, but they are powerless to stop it…
Read articleIf the US cannot stop China from implementing its “oil – for yuan – for gold” program, then the fate of the US is at hand.
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