
Europe's Central Banks Ditch 20-Year-Old Gold Sales Agreement
European central banks have decided not to extend a 20-year-old agreement to coordinate their gold sales, noting that they have no plans to sell large amounts of the metal.
Read articleEuropean central banks have decided not to extend a 20-year-old agreement to coordinate their gold sales, noting that they have no plans to sell large amounts of the metal.
Read articleConfidence and euphoria will turn to fear and despair. Once the market realises that this time central banks have no weapons left in their armoury and that money printing or lower rates have no effect, there will be real panic.
Read articleSilver maybe more than anything is a time bomb waiting to explode. You rarely get a prettier (and longer) basing phase than this one. This is the kind of base that can generate a monstrous move once the breakout occurs.
Read articleSilver had risen to $ 50 in 1980 and I am expecting an identical increase towards $ 500 in the next years, in particular because of the RESET related to the Monetary Reform.
Read articleHedge fund kingpin Ray Dalio is seeing a case for gold as central banks get more aggressive with policies that devalue currencies and are about to cause a “paradigm shift” in investing.
Read articleWe know with absolute certainty that governments will continue to oblige by destroying the economy, spending money they haven’t got, increasing deficits and debts and totally debasing currencies until they are worthless. For those reasons we are holding gold and sleeping well at night.
Read articleJudy Shelton has made a name for herself as a fan of the gold standard through several recently published articles.
Read articleFederal Reserve Chairman Jerome Powell told Congress on Wednesday that he doesn’t think a return to the gold standard in the U.S. would be a good idea.
Read articleVery important changes will soon take place in markets with the 2007-9 crisis returning with a vengeance. The final phase up in US stocks could last a few weeks and most likely not more than 2 months. Thereafter a secular bear market will start that will be devastating for the world economy, the...
Read articleThe People’s Bank of China said Monday it raised reserves for a seventh month in June, adding 10.3 tons, following the inflow of almost 74 tons in the six months through May.
Read articleNational Bank of Poland (NBP) gold reserves have risen by 125.7 tonnes to 228.6 tonnes, the bank announced on Friday.
Read articleJudy Shelton, who serves as the U.S. executive director at the European Bank for Reconstruction and Development, wrote as recently as last year in support of pegging the dollar to gold prices.
Read articleThe catalyst for the coming cataclysm in the world economy can come from anywhere, like Deutsche Bank, US junk bonds or Japan. Whatever the catalyst is, it will lead to panic in markets with confidence evaporating and fear setting in. Now is the time to prepare for this. It will soon be too late....
Read articleWe asked the question last May: will the GAFAs precipitate the collapse of the banks? Now, with the cryptocurrency that Facebook will launch next year, we must move to a new level: in addition to competing with the traditional banking sector, Libra risks accelerating the loss of credibility of ce...
Read articleHaving tested $1300 numerous times over the past few years, gold has broken dramatically higher in the last month, hitting 6-year highs as President Trump rhetoric around the world raises tensions and increases the odds of WWIII.
Read articleOn Tuesday after the close, the CFTC announced that Merrill Lynch Commodities (MLCI), a global commodities trading business, agreed to pay $25 million to resolve the government’s investigation into a multi-year scheme by MLCI precious metals traders to mislead the market for precious metals futur...
Read article