Banks

For those of us who can see through Fed-speak and track facts rather than fictions, there are two factors favorable to gold (rather than just golden tongues) which we can smile upon for the next “foreseeable” 5 years, namely: More growth in the broad money supply and more negative real interest rate...

Inflation is likely to run well ahead of interest rates, like in the 1970s. This means that negative real interest rates will continue which is very beneficial for gold and silver.

In a world awash with money-printing, a currency backed by gold would have great credibility. And China – with designs on the yuan becoming the world’s reserve currency – has a lot more gold than anyone else. But how much?

In the decades which have passed since Greenspan became the Fed template and “stimulus” supplier of Wall Street’s post-87 debt (keg) party of free money, repressed rates and hence massive stock and bond bubble-to-burst cycles, where can informed investors find value, safety and a comfortable night’s...

The Silver Short Squeeze movement has shaken up all of the custodians of the metals, who must now respond to clients who are increasingly anxious about the authenticity of their metals accounts. We know that today, the silver market is founded on a derivatives system where there are far more virtual...

The current silver price has nothing to do with supply and demand. In a real market the Price of Silver would be substantially higher. In a fake market, the manipulators have no problem to suppress the price by selling virtually unlimited fake paper silver.

The trillions of U.S. dollars created out of thin air in 2020, as well as the trillions which preceded this printing-frenzy between 2009-2014 (QE1-QE4), have dire consequences on the purchasing power of America’s once sacred but now totally inflated, and hence debased, currency.

China has given domestic and international banks permission to import large amounts of gold into the country.

Derivatives can only be netted down on the basis that counterparties pay up. But in a real systemic crisis, counterparties will disappear and gross exposure will remain gross.

Banks, and hence banking risk, come in a wide variety of flavors, largely because bank mismanagement and short-sighted absurdity comes with equal frequency. As such, a fuller discussion on banking risk would necessitate hundreds of pages and hundreds of examples.