
Russia to Remove Euro, Only Keeps Yuan and Gold in National Wealth Fund
Russia's finance ministry said will reset the share of euro in its National Wealth Fund (NWF) starting from this year, leaving only gold, Chinese yuan and rubles.
Read articleRussia's finance ministry said will reset the share of euro in its National Wealth Fund (NWF) starting from this year, leaving only gold, Chinese yuan and rubles.
Read articleWe are experiencing a 2008 crisis in reverse. In 2008, the risk came from the banks and spread to households and businesses. The government intervened to restore the stability of the entire system. Today, the risk comes from the State. It is the government that has to ensure the survival of busin...
Read articleThe People’s Bank of China (PBoC) announced another 15 tonnes gold purchase in January, the third consecutive monthly increase.
Read articleThe Russian-Ukrainian conflict has been raging for almost a year now and there is no sign of a return to peace. On the contrary, it could get bogged down in the coming months and cost the lives of thousands of additional souls. Because this war is the reflection of an economic system that is crac...
Read articleRegardless of the extent of the economic slowdown, and the extent of future demand, metal supply is being revised downwards in most markets. Forecasts for 2023 suggest that inventory levels will not follow the usual intrinsic demand cycle. Indeed, we are already seeing real "runs" in some markets...
Read articleAs the hegemony of the US is coming to an end, the dominance of the decadent West is moving quickly to the East and South. Commodity based countries like the enlarged BRICS will dominate for the next few decades and probably longer. Oil and gas will form the base of this shift but also many other...
Read articleIn a recent interview, Nouriel Roubini discussed the ten "mega-threats" facing the world: war, public and private debt crises, and the demographic bomb... all of which will cause investors to rush towards gold, leading to an increase in the metal's price to $3,000 by 2028. The famous economist pr...
Read articleWillem Middelkoop returns to the show, and we dive into the current state of the global economy and how it is undergoing a "BIG RESET." One significant sign of this is China's recent announcement of increased gold purchases.
Read articleA better-than-expected job market, a receding Fed pivot: all indications are that the U.S. real estate crisis is likely to be long-lasting. If real estate is no longer a safe haven, it is logical that gold will once again become the preferred tangible asset for investors.
Read articleThe year 2023 will be marked by persistent inflation, a recession in Western countries in particular, and by an increased risk on the financial markets. Gold could benefit from this scenario.
Read article