
Heading Toward a New Sovereign Debt Crisis in Europe?
Records that were reached in the last sovereign debt crisis are being shattered... savers are right to be worried – not only Italians, but all Europeans...
Read articleRecords that were reached in the last sovereign debt crisis are being shattered... savers are right to be worried – not only Italians, but all Europeans...
Read articleThese two inventions were totally revolutionary in the history of finance. First to print money at no cost and then to issue debt and be paid for that pleasure.
Read articleAs any asset class, gold has several financial properties. The yellow metal can be used for two different purposes: either as a hedging tool against certain macro-economic scenarios or for portfolio diversification. Its virtues, though, are not the ones frequently mentioned in the media...
Read articleIt can’t happen here! What is happening in Venezuela and Argentina cannot occur in Western economies. That’s at least what markets believe with stocks and most bubble assets remaining in cloud cuckoo land. Rates in Argentina have just gone to 40% to protect the currency. Anyone who believes that...
Read articleThe whole of French wealth owned by individuals totalled 5.233 Trillion euro at the third quarter of 2017, up 8.5% year-to-year. This is the equivalent of 178,200 euro of gross financial wealth per household. It means that French households were 15% richer than their German counterparts (107,700...
Read articleYou’ve probably noticed that most European medias communicate the price of gold in US dollars. I find this quite curious, be it with the timing of the rallies and corrections or their magnitude, depending of the currency.
Read articleStrategic investments are made for the long run and with no intent of short term gains or concern of short term fluctuations. This kind of investing is based on buying undervalued and unloved assets and holding them for a very long term.
Read articleGold is actually at a good point to turn up here, as it is close to a zone of support which is underpinned by the rising 200-day moving average in quite close proximity. This looks like a pretty good point to undertake more accumulation.
Read articleSilver appears to be in the very late stages of its Head-and-Shoulders bottom, and with the price still not far off the Right Shoulder lows, we are a very good point to continue accumulating silver investments – silver itself, silver coins, silver stocks and ETFs, and for those who are set up to...
Read articleAs stated by La Tribune, “Emmanuel Macron wishes the implementation of the European Banking Union – a system for joint management of bank failures – to be finalised as soon as possible in order to draw lessons from the Euro zone’s debt crisis.” Well, alright, but why is it so urgent? Is the Frenc...
Read articleGold in Venezuelan Bolivars moves up exponentially every week. The price has gone from VEF 200 to VEF 75 million in this century and that won’t be the end. We will see similar moves in all currencies in coming years including the Dollar, Euro, Pound, Yen etc.
Read articleA war with Iran would eliminate the largest non-USD oil exporter. One thing leads to another. The gold repatriations are a precursor to a currency war and armed conflict. That’s what drives US foreign policy.
Read articleAs 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...
Read articleJeff Gundlach said that the next big move will likely be in gold prices which have broken their downtrend line, and are on the verge of breaking out to the upside. "It’s getting almost exciting... something big is happening,” he said cryptically.
Read articleThe time to own physical gold and silver is today and not when they move to new highs. Both metals are at inflation adjusted historical lows and the downside risk is minimal. Also, they probably are the most undervalued of all assets currently.
Read articleA Bundesbank exhibit pays tribute to Germans' deep-seated love of the precious metal while honoring postwar economic prowess.
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