News

China's gold reserves stood at 62.64 million ounces (about 1,948 metric tons) at the end of November, central bank data showed Saturday. Chindia and Silk Road gold demand.

Mongolia's central bank announced on Tuesday that it has bought a total of 14.4 tons of gold from legal entities and individuals in the first 11 months of this year.

If gold reaches $12,000 by say 2025, Viktor’s wealth will during a 55 year investment period have gone from $10,000 to $1 billion which is a return of 10 million percent. Quite remarkable for just taking 6 investment decisions during his 50 year life as an adult.

Slovakia’s former premier said parliament should force the central bank to bring back the nation’s gold stored in the U.K. as history has shown that allies “can hardly” be trusted.

There are now a few signs in OECD countries that could reveal an incipient flight from money: rising prices in real estate, unlisted equities, gold, bitcoin". Thus, "The limit is no longer inflation, it is confidence in money.

Debt grows exponentially, risk grows super exponentially. Hold at least 50% of financial assets in gold.

We are entering the ideal period to accumulate silver.

Poland brought about 100 tons of gold home from the Bank of England in a bid to demonstrate the strength of nation’s $586 billion economy, central bank Governor Adam Glapinski said.

I don't usually like to forecast precise numbers, but, just for fun... $1700 Gold, $25 Silver and a Gold/Silver ratio of 68 within the next 6 months.

The gold price is determined in a Casino with massive leverage and has nothing to do with the real price of physical gold.

There is a "big fish" who, by a sleight of hand between futures and ETFs, who could be now in possession of 100 Moz of "physical" silver without making the silver price soaring.

Marxism will precipitate the collapse of nations. Depending on at what point in the cycle a Marxist party comes to power, they will either fuel the hyperinflationary period by printing unlimited amounts of money, or they will gain power as the deflationary depression has set in. Either way, Marxi...

Why are banks no longer lending to each other? Are they afraid that collapse is imminent somewhere in the system, as with the Lehman collapse in 2008?

Chindia and Silk Road gold demand for september.

Global bullion holdings continued to rise in the third quarter of this year, with net purchases up 12 percent compared to last year, according to World Gold Council data.

Ray Dalio—founder of the world’s largest hedge fund—is sounding the alarm about the state of the global economy. In a blog post titled “The World Has Gone Mad and the System Is Broken,” he argues that zero interest rates, low returns, and growing economic inequality are setting the world up for s...