How "Indefinite Finance" Destroys Money
In order to understand the world of finance today – post-gold standard-, post- 2008 crisis-, zero rates- and QE- finance – it makes sense, sometimes, to turn to others than economists.
Read articleIn order to understand the world of finance today – post-gold standard-, post- 2008 crisis-, zero rates- and QE- finance – it makes sense, sometimes, to turn to others than economists.
Read articleSeems to me the world is ready to hyperinflate into gold. After all, all currencies have already hyperinflated in the financial world.
Read articleThe United States Federal Reserve carried through on weeks of speculation by boosting its benchmark interest rate by a quarter point to a range between 0.75 and one percent.
Read articleIn the Roman calendar, the Ides of March was the same as March 15th in today’s calendar. This date was not significant until Julius Caesar was assassinated on 15 March 44BC. Shakespeare then coined the phrase “Beware of the Ides of March” in his Julius Caesar work. So will March 15, 2017 be sign...
Read articleGrant Williams and Egon von Greyerz cover a very broad range of subjects from gold, wealth preservation to debt, interest rates, Brexit, the EU and much more.
Read articleArizona Senate Committee passed a bill that would eliminate state capital gains taxes on gold and silver specie, and encourage its use as currency.
Read articleAfter a challenging Q4 in 2016 in a context of rising bond yields and a stronger US dollar, gold seems to be getting its shine back in Q1.
Read articleThe Bank of Mexico (Banxico) has become one of the first central banks in the world to reveal its gold bar list.
Read articleTo own gold is not climbing a wall of worry. For anyone who understands the problems that the world is now facing, physical gold ownership gives peace of mind and the best insurance that money can buy.
Read articleZero rates are hitting European banks at the core of their activity, and we must add to that their bad loans, especially in Italy, Spain, Portugal, Greece and Cyprus
Read articleIn a February 28, 2017 speech widely regarded by analysts as heavy on rhetoric but light on substance, United States President Donald J. Trump reiterated the campaign promises that brought him to power without offering any plans for how or when he would deliver them.
Read articleWestern Central Banks have a real knack for timing the sale of their gold reserves. They are absolute experts when it comes to picking the bottom of the gold market. Central banks in the UK, Switzerland and Norway, to mention a few, timed their sales to perfection. The only problem is that they a...
Read articleCentral Banks don’t just lease their gold to the market. They most probably also sell gold covertly. Total Central Bank holdings are 33,000 tons. Of that Western Central Banks hold around 23,000 tons of gold including the IMF holding.
Read articleThe money created without any counterparty artificially inflates the value of assets, until they reach a breaking point – sooner or later.
Read articleSadly, not many investors understand the notion of buying an asset which is unloved and undervalued, like gold and silver at the turn of the century.
Read articleThe banks must feel threatened by the recent activity in both physical and paper gold trading.
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