BRICS

Gold is breaking records in dollars, but also in euros. In Japan, gold is reaching dizzying heights: the depreciation of the currency is even more pronounced in the land of the rising sun.

Wars and inflation will lead to a major shift into gold by Central Banks, the BRICS as well as for wealth preservation purposes.

For over half a century, Western financial institutions such as the IMF and the World Bank have played a decisive role in financing developing countries. Growing hostility to these institutions, and the structural reforms they require, have gradually enabled other states and organizations to assert...

The total mismanagement of the US financial system has led to the dollar losing 98% of it’s value since Nixon closed the gold window in 1971. Most other currencies have followed the dollar down at varying speeds.

Visibility on the fundamentals of the gold price remains as good as ever. It is therefore timely for us to present and detail our outlook for 2024. Gold's performance in 2024 will be influenced by 4 major factors.

The rejuvenation of gold buyers in China is explained by the slowdown in the property market, the weakness of equities and the currency, as well as low bank interest rates. Young Chinese, concerned about economic stagnation, are turning to gold as a financial refuge.

Gold's resistance, which prevented any monthly close above $1,995, was breached, closing at $2,035 on Thursday 30 November. Taking advantage of the gold rally, the silver price broke through the oblique resistance that has held it up since its 2011 high.

The world is now witnessing the end of a currency and financial system which the Chinese already forecast in 1971 after Nixon closed the gold window. Again, remember von Mises words: “There is no means of avoiding the final collapse of a boom brought about by credit expansion.”History tells us that...

Piepenburg addresses what he perceives as the misleading debate surrounding hard versus soft landings, asserting that the evidence of a severe economic downturn is unmistakably apparent. The conversation then turns to the reality rather than hype of de-dollarization, the questioned performance of go...

Rising interest rates have led to a significant increase in the burden of public debt. The United States now has to pay over $1 trillion in interest, an amount that has doubled in just nine months. This burden is set to rise considerably further, as most of the debt is short-term, requiring refinanc...