BRICS

Precious metals are set to rise much higher, but after the sharp rise in recent months, a correction is needed and probably imminent.

The world is now standing before a seminal moment and virtually nobody can see it. There has not been a more critical moment in the last 50 years than what we are now facing.

In this interview Max Keiser and Egon von Greyerz discuss the enormous pressures in the financial system and the coming stampede into gold.

This year is highly likely to be a year of changes for the investment gold market in Russia: the Ministry of Finance will assess the feasibility of VAT exemption on investment gold, the State Duma will consider a bill to allow citizens to purchase precious metals in individual investment accounts...

Bonds cost money to hold, currencies are soon worth nothing and gold will reach at least $7,000 before it reaches $700.

Russia’s gold reserves rose by 9 tons in July, increasing the value of the bullion holdings by 1.64% to a hefty $101.923 billion (€92 billion), as of August 1.

There’s a powerful constant amid the to-and-fro of the U.S.-China trade war as currency policy gets dragged into the standoff between the world’s two top economies: Beijing wants more gold in its reserves.

Gold demand was 1,123t in Q2, up 8% y-o-y. H1 demand jumped to a three-year high of 2,181.7t, largely due to record-breaking central bank purchases.

Silver had risen to $ 50 in 1980 and I am expecting an identical increase towards $ 500 in the next years, in particular because of the RESET related to the Monetary Reform.

Judy Shelton has made a name for herself as a fan of the gold standard through several recently published articles.