
The Caracas Syndrome
If I’m talking about Caracas, it’s to draw a parallel with Wall Street. In Venezuela, the stock market goes up because the currency devalues... The same is true in New York.
Read articleIf I’m talking about Caracas, it’s to draw a parallel with Wall Street. In Venezuela, the stock market goes up because the currency devalues... The same is true in New York.
Read article2020 seems to be the very early beginnings of the worst global depression that the world has ever experienced. It will be devastating for everybody. We can all prepare financially by holding some physical gold and silver which is the best insurance anyone can buy against what is coming.
Read articleThe end of the year should see silver prices rise sharply. One thing is certain, 2020 and 2021 will mark a major turning point in the History of money. Hang on to your precious metals. They are your security in the mess ahead.
Read articleGold’s impressive advance in 2019 -- aided by trade war frictions, easier monetary policy across the world’s leading economies and sustained central-bank buying -- may be set to spill into the new decade.
Read articleWhen stock markets fall, precious metals will continue their secular bull market which initially started in 1971 with the last leg starting in 2000. Anyone doubting that we are in a bull market needs to look at the annual charts of gold in US dollars and Euros.
Read articleChina's gold reserves stood at 62.64 million ounces (about 1,948 metric tons) at the end of November, central bank data showed Saturday. Chindia and Silk Road gold demand.
Read articleDebt grows exponentially, risk grows super exponentially. Hold at least 50% of financial assets in gold.
Read articlePoland brought about 100 tons of gold home from the Bank of England in a bid to demonstrate the strength of nation’s $586 billion economy, central bank Governor Adam Glapinski said.
Read articleMarxism will precipitate the collapse of nations. Depending on at what point in the cycle a Marxist party comes to power, they will either fuel the hyperinflationary period by printing unlimited amounts of money, or they will gain power as the deflationary depression has set in. Either way, Marxi...
Read articleGlobal bullion holdings continued to rise in the third quarter of this year, with net purchases up 12 percent compared to last year, according to World Gold Council data.
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