China's Gold Reserves Scale Up For 15 Consecutive Years By 2020
China's gold reserves have grown every year for 15 consecutive years, reaching 14,727.16 tons by 2020, according to a yearbook issued by China Gold Association (CGA).
Read articleChina's gold reserves have grown every year for 15 consecutive years, reaching 14,727.16 tons by 2020, according to a yearbook issued by China Gold Association (CGA).
Read articleIn today's interview about the commodities supercycle, Marc Friedrich talks with Ole Hansen, Head of Commodity Strategy at Saxo Bank, about a wide range of topics such as inflation, deflation, price targets for precious metals and the one asset of the commodity sector, where Hansen currently sees...
Read articleGold and silver are yet to benefit from the rise in the prices of the other assets; they are thought of as a currency, and not as commodities. These low prices are a bargain.
Read articleMoral and ethical values are gone and crime is rampant. This is not new in history and regularly happens at the end of major eras or cycles. This happened for example at the end of the Roman Empire as Rome disintegrated economically and morally. Decadence was rampant then as it is today. So were...
Read articlePalantir Technologies Inc. said it’s preparing for another “black swan event” by stockpiling gold bars and inviting customers to pay for its data analysis software in gold.
Read articleRegardless of whether the new monetary system is tied to digital currencies or not, there is no escaping the spiral of money printing and deficits that has gripped most of the world, and so a disorderly collapse is likely.
Read articleBrazil’s central bank purchased over 62 tons of gold in three months through July 2021, raising the nation’s reserves to nearly 130 tons. The estimated growth of physical holdings reportedly amounted to 92.4%. The bulk purchase of 41.8 tons was recorded in June.
Read articleEgon von Greyerz and Matthew Piepenburg address gold’s recent “flash crash” in the context of technicals, fundamentals, and good ol’ fashioned price manipulation from the bullion banks. Toward this end, Egon gives careful attention to the technical indicators and their bullish trends/confirmation...
Read articleThe Wold Gold Council publication is the newest edition of the Gold Market Commentary entitled "Equity yields support gold as investors position for historical September strength". The main thesis of the article is that “August could be the opportune time to position for the historically strong S...
Read articleActing straight away on the rates would have an even more devastating effect on the system as a whole. This is the impasse that the central banks have now got themselves into, in their interventionist policies. Acting straight away will break the engine. That’s what the math is telling us. Gold a...
Read articleIn a recent episode of The Keiser Report, Egon von Greyerz and Max Keiser discuss the 50th anniversary of the demise of Bretton Woods, Nixon suspending the dollar's convertibility into gold, "transitory" inflation, how stock and bond markets are pricing in inflation expectations, and the ominous...
Read articleGold is a good investment at a time when the world is concerned about inflation, Egyptian billionaire Naguib Sawiris told CNBC. The precious metal is often touted as a hedge against rising prices and a safe-haven asset that should make up around 5% to 10% of an investor’s portfolio. But long-time...
Read articleWhat happened this morning very strongly looks like a “cleaning” of stop losses and “weak hands”. Another positive argument that militates for gold (and incidentally silver) is that real rates are diving.
Read articleThe beginning of the end of the current monetary system started exactly 50 years ago. In the next few years the world will experience the end of the end of another failed experiment of unlimited debt creation and fake fiat money. Measured in collapsing paper money, gold and silver will reach unth...
Read articleRonnie Stoeferle and Egon von Greyerz question why, despite explosive money printing and obvious inflation, gold has not long since been quoted much, much higher. How long will it take for gold to reflect inflation and astronomical money creation and break through the long overdue price forecasts...
Read articleThe Fed’s tightening cycle practically always ended up in a recession. Moreover, there were many indicators that the recession would take place in 2020 or 2021 anyway, even without the coronavirus and the Great Lockdown. So, this time won’t be different. Well, actually, it could be different –in...
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