
Singapore Adds To Its Gold Pile For The First Time In Decades
Singapore increased its gold reserves by about 20% earlier this year in a largely under-the-radar move that saw holdings expand for the first time in decades.
Read articleSingapore increased its gold reserves by about 20% earlier this year in a largely under-the-radar move that saw holdings expand for the first time in decades.
Read articleEgon and Ronnie discuss their individual journeys toward recognizing the timeless, paramount, yet oft ignored, role that gold plays in intelligent wealth preservation and risk hedging in a market landscape that is becoming increasingly centralized. As Ronnie observes, real capitalism requires fai...
Read articleOur economic and political elites want the world to equip itself with "clean energy". This will involve a lot of upstream and downstream photovoltaics, changing a very large number of equipments and products that will have to adapt to new technologies. As a result, the industrial demand for silve...
Read articleAveraging stock market capitalization to GDP ratios from seventeen developed economies over the past 150 years reveals the world has never witnessed an equity bubble of the current magnitude.
Read articleThe ECB is making a mockery of the world: it is shirking its responsibilities (printing money, zero interest rate), it is being lax with the banking system (insufficient capital), it refuses to recognize the damage it is causing (bubbles in equities, bonds and real estate), it refrains from lectu...
Read articleIn Part II of Egon von Greyerz’ two-part conversation with Cambridge House’s Jay Martin, Egon candidly digs deeper into the realism rather than sensationalism of the current macro headwinds and the inevitable implosion of the global financial/monetary system.
Read articleThese interventions on the futures markets now only have very transitory effects, and at the same time, they are reinforcing the tensions on the physical side. Each enforced correction on the paper market prompts a veritable run on the physical metal. This holds true for the entire metals compart...
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...
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