News

Venezuela Will Be Out Of Gold In One Year

Published by Goldbroker ™ | Apr 30, 2018

As Dennis Gartman summarized in his Friday letter to clients, "at the current pace of sales, Venezuela will effectively be out of gold by May or June of next year. Having fallen from $21.3 billion seven years ago, it’s now down to $6.6 billion as of the end of January and we suspect that it’s sol...

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An Alert on Deutsche Bank? ECB Worried…

Published by Philippe Herlin | Apr 19, 2018

Many banks are ailing in Europe, notably in Italy, Greece and Spain, but Deutsche Bank, sitting at the core of Europe’s largest and most competitive economy, is like an atomic bomb that could spark a worldwide financial crisis, just like Lehman Brothers did in the past. Even Mario Draghi, ordinar...

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Trade Wars, Petroyuan, Debts

Published by Egon Von Greyerz | Apr 3, 2018

It is certainly not a coincidence that this trade war started right before the oil trading in Yuan begun. Eventually this will lead to the demise of the dollar and a major power shift from West to East as well as much higher gold prices.

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