Lebanon's Economic Crisis: Banks Tighten Withdrawal Caps
Major banks in Lebanon began tightening banking controls this month, halving the amount of dollars depositors are allowed to withdraw every month, despite growing public anger.
Read articleMajor banks in Lebanon began tightening banking controls this month, halving the amount of dollars depositors are allowed to withdraw every month, despite growing public anger.
Read articleAfter three decades of massive money printing and credit expansion, “inflate or die” has artificially kept the world economy going. But we are now in the 2020s moving in to the next stage which will be INFLATE AND DIE. Because, as stock and credit bubbles implode and money printing accelerates, t...
Read articleGold has broken ALL the bear market down-trend resistance lines on log and non-log charts.
Read articleMany are disappointed with silvers performance. If you look at the gold/silver ratio, it's doing exactly what it did last time. Silvers time to shine will come.
Read articlePhysical gold is eternal and paper gold ephemeral. Take heed of this before the collapse of the fake gold paper market together with most paper assets. With a paper market in gold that totally dominates gold trading and distorts the price of gold, it is easy for most people to forget what gold is...
Read articleThe gold/silver ratio is yet to signal 'game on' for the PM bull. Are we nearly there ?
Read articleWhat could possibly restart inflation? This is THE question that financial market participants, major investors, monetary authorities, and basic savers are asking themselves. Because once inflation returns, zero interest rates would be over and the entire financial landscape would change radically.
Read articleRay Dalio says ‘cash is trash’ and advises investors to have a certain amount of gold in their portfolios.
Read articleThis week I will discuss Fed bubbles and a potential imminent major market event, including an extremely important chart and also the safest private gold vault in the world. But first, last week was overshadowed by Iraq and Iran, which again has reminded us of terrorism in various forms.
Read articleThe central question for 2020 is whether the markets will continue to have confidence in the stabilizing powers of Robert Kaplan (Dallas Fed Chairman) and his fellow players, or whether they will feel that the party has definitely gone on long enough.
Read articleBridgewater’s co-chief investment officer Greg Jensen told the Financial Times that gold prices could rally to $2,000 an ounce.
Read articleGold targeting $1700+, possibly $1800 area. Silver somewhere in the $20-$22 range, with $24-$28 a possibility.
Read articleWhether the global economy will turn down early in 2020 or the euphoria will continue for a while is irrelevant. What we do know is that risk is at a maximum and therefore it is absolutely critical to protect your wealth. Throughout history physical gold has acted as the best financial risk insur...
Read articleIf I’m talking about Caracas, it’s to draw a parallel with Wall Street. In Venezuela, the stock market goes up because the currency devalues... The same is true in New York.
Read articleRonald Stöferle and Egon von Greyerz, discuss at the Precious Metals Summit in Munich, Germany, the massive risks of the world’s financial system. The two precious metal experts, share their view about how to deal with the profound downside threats and its implications for the global economy.
Read articleGold is now a major bullmarket as evidenced by its strong breakout from a giant 6-year long base pattern in August. The larger trend is up. We had thought that it might react back closer to the breakout point before turning higher again, but it didn’t, and started higher again in recent days over...
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