Banks Divert Gold Supply From India to China, Turkey
Gold-supplying banks have cut back shipments to India ahead of major festivals in favour of focusing on China, Turkey, and other markets.
Read article
Gold-supplying banks have cut back shipments to India ahead of major festivals in favour of focusing on China, Turkey, and other markets.
Read article
The equity market is very bearish, the bond market is in a critical situation and the sovereign debt is no longer a safe haven. Let's not talk about the housing market, which is hurt by rising mortgage rates. Nor cash, which is being devoured by inflation. What is left ? Gold and silver, of course!
Read article
Before the deflationary implosion, the world will experience the most epic money printing and debt creating bonanza in history. That will mark the last desperate attempt by central banks and governments to solve a debt problem with more worthless debt.
Read article
A common African gold currency is a way to effectively achieve monetary and thus economic independence. That being so, this article presents the nilar, a pan-African gold currency.
Read article
The bond issue risks complicating the liquidity of the US Treasury market.The risk is that they will lose their status as a reserve asset, which would create a systemic risk. The confidence in the value of US debt is at stake. In this perspective, the purchase of physical gold becomes very import...
Read article
The current crisis clearly marks the borderline between two qualities of assets: those that offer a capacity to store energy and therefore protect against its volatility (precious metals) and those that impose, on the contrary, a dependence on fluctuating costs and threaten to transform a simple...
Read article
In the context of a real estate bubble, economic slowdown and geopolitical conflicts, the Chinese central bank, more commonly known as the People's Bank of China, has just decided on a new rate cut. The Middle Kingdom is entering a new reality.
Read article
The history of money is several thousand years old. But do we know its evolution? How was it created? How does it work? Its influence? The questions that revolve around this social link are of little interest to the average person. Yet money structures our economic and political models.
Read article
Russia proposes a new international standard for trading in precious metals: the Moscow World Standard (MWS) which will become an alternative to the London Bullion Market Association (LBMA) which systematically manipulates precious metals markets to depress prices. According to Russia’s Finance M...
Read article
As with platinum, silver stocks available for delivery are accelerating their decline this week. This raid on COMEX precious metals stocks is also affecting gold. The rate at which stocks eligible for delivery are disappearing is accelerating.
Read article