BRICS

In this interview, Marc Friedrich gives an overview of the monetary, economic, and political entanglements that will seal the end of various cycles and lead to profound upheavals. In addition, he provides practical advice on how to use the coming crisis and paradigm shift wisely to build up wealt...

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?

To protect ourselves from these unavoidable effects of the monetary policies implemented for more than 10 years, now is the time for a return to tangible assets for increasing numbers of investors.

Confidence in the digital silver and fractional reserve system is exploding before our eyes.

It seems that the decline in bond yields allowed gold to catch its breath, and that the macroeconomic outlook – including the credit spreads, interest rates, inflation, monetary policy and fiscal policy – will remain the key driver of gold prices throughout the year.

How many potential tonnes of gold held by China and the United States?

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

Gold is today at a price that still does not take into account what has happened these last months and what will happen with respect to the coming avalanche of Treasury auctions to come.

Warren Buffett called derivatives financial weapons of mass destruction and he is absolutely right. Greedy bankers have now built derivatives to a self-destructive nuclear weapon. Archegos shows the world that an unknown smaller hedge fund can get credit lines of $30 billion or more that quickly...

Inflation expectations continue their dizzying increase: the 10-year expected inflation went up from 0.8% to 2.4% in only a few months... Against such a background, gold has, of course, continued its upward movement, following its worst first quarter since 1982.