
The Big Picture For Gold And Silver Continues To Look Strongly Positive
Charts are suggesting that gold and silver are close to completing giant bottoming patterns that started to form (in the case of gold) as far back as 2013.
Read articleCharts are suggesting that gold and silver are close to completing giant bottoming patterns that started to form (in the case of gold) as far back as 2013.
Read articleAccording to a ranking compiled by Les Echos, among the seventeen largest European banks, Deutsche Bank has the largest number of employees paid more than €1 million per year - exactly 643 - ahead of Barclays (542) and HSBC (399), despite being the largest bank in the EU by balance sheet.
Read articleMy long standing target for gold of $10,000 in today’s money and much, much higher in inflationary terms, is now more probable than ever.
Read articleThere are a number of critical factors that will soon lead to the crossing of the Gold Maginot Line at $1,350.
Read articleChina, having itself announced its desire to see Keynes' BANCOR set up, knows that the solution to resolve the huge imbalance in Sino-American trade is to revalue the yuan and devalue the US dollar.
Read articleIn the last few months, the gold/silver ratio has always remained in a range between 82-86, but the bearish wedge pattern makes possible a sudden fall in the ratio, which would favor silver in a surprising way.
Read articleIn my last report, I signaled a technical structure with a rounded base and the weakness was still physiological but in perspective the second half would represent the ideal period for the breaking out of the resistance in the area $1350...
Read articleThere has been a lot of publicity about central banks having bought substantial amounts of gold in 2018, in total 651 tonnes which is the highest in 50 years. In relation to this gold story about central banks, it is not that they bought gold which is the real news. The important point is who bou...
Read articleThe question is not a crazy one: GAFA are investing in banking services, as well as a lot of FinTechs.
Read articleThe central banks of Russia and China helped drive a 7% increase in global gold demand in the first quarter from a year earlier, according to the World Gold Council, as they continued efforts to trim their exposure to US dollars.
Read articleThe London Bullion Market Association (LBMA) said Societe Generale had resigned as a market maker for gold and silver, as France’s third-largest bank pushes ahead with a downsizing of its commodities business.
Read articleWill the average stock portfolio gain 1,900% to make up for the coming 95% fall? This is the unenviable task that investors will be facing in years to come.
Read articleGold’s next move up is not far away. There is still a short time when gold and silver can be bought at reasonable prices. But we are already experiencing supply problems in silver. So there is not much time left to acquire proper wealth protection in physical precious metals.
Read articleHouseholds in Germany have lifted their holdings of gold, meaning, along with the central bank, the country now holds 6.5 per cent of worldwide gold reserves.
Read articleOne of the Fed’s three main objectives is to maintain stable prices. But they have never achieved that at least not since 1971. Again, the Fed did a volte face because they have a total inability to read the economy. The clueless Fed overslept and realised a few years too late that the US economy...
Read articleThe former number two of the New York Stock Exchange is certain. We must prepare for an unprecedented global financial crisis before the end of 2020.
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