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BRICS countries are discussing the possibility of establishing a single gold trade system, First Deputy Chairman of Russia’s Central Bank Sergey Shvetsov said Friday.

The consequences of the implosion of debt and assets will lead to the biggest transfer of wealth in history. As debt implodes, so will all the bubble assets. Stocks, bonds and property will decline between 80% and 100%.

Despite what the crypto-evangelists will tell you, digital tokens will never and can never replace gold as your financial hedge. Here are six reasons why.

The ECB wants to prevent bank runs by allowing banks to block deposits and authorise limited withdrawals, like they did in Cyprus in March, 2013. According to the institution, the deposit protection scheme is no longer necessary.

Normally when rates go up, the dollar strengthens and gold weakens. They usually move in opposite directions. So how could gold have gone up when the Fed was tightening and the dollar was strong?

At this stage of the financial cycle with sharemarkets looking topped out, bonds & many fiat assets most overvalued it is good to have a foot in both Gold & Bitcoin to secure ones wealth through the coming financial meltdown.

With Bitcoin, more and more people are questioning what real money is and, slowly, the whole world will jump in, and gold will benefit from it. And that is good news.

The US working population of 154 million have the responsibility for the US total debt which currently is $70 trillion.

In Q3, Ray Dalio went on a gold buying spree, increasing his GLD holdings by a whopping 575%. As a result of the surge in holdings, Bridgewater as of this moment, the 8th largest holder of paper gold, known as GLD.

For anyone with capital to invest, this is probably one of the most interesting opportunities in history. But that presupposes that the investor is prepared to take the contrarian position. Now is the time to buy what nobody wants but which has a high intrinsic value and will benefit from the com...

A short-term bounce in the US dollar, which suggests gold may continue to consolidate for the time being, should provide interesting entry points for those looking to profit from the resumption of the longer-term rally in the precious metal.

Germany’s gold investment market has boomed in the past 10 years. In the face of successive financial crises and loose monetary policy, German investors turned to gold to protect their wealth.

United States President Donald J. Trump somewhat unpredictably did the predictable by naming Jerome Powell the new Chair of the Federal Reserve.

Stuck in its own petard, the ECB doesn’t believe in a vigorous and durable economic recovery anymore – the only thing that would allow it, as well as over-indebted countries, to fall back on their feet.

If we take the next 10 years, gold (and silver) is likely to vastly outperform most conventional assets like stocks, bonds and property. The Dow is now the most overbought it has been in over 60 years with gold and silver depressed by a fake paper market.

Bill Bonner spoke to James Rickards about central banks’ inability to stop the next financial crisis, as well as a possible financial market lock down.