BRICS

The decrease in US debt holdings diminishes Russia's dependence on the US dollar. Instead, Moscow is boosting its bullion reserves.

My advice to investors is to learn from the recent economic problems/disasters in Turkey, Argentina and Venezuela. Any amount of personal gold, even very small, would have saved the holders in these countries from misery. It is also now critical to heed the strong warning signs of deep trouble co...

As a wealth management advisor, substituting the easy solution of acquiring gold mining shares to physical gold – whether within a life insurance policy or with an ordinary account – would be a mistake.

The exact level of the collapse in investment assets and surge of gold is of course impossible to forecast. What is virtually certain is that gold, relative to other assets, will increase substantially in value.

We are now on the eve of an economic crisis of unfathomable proportions due to an insoluble debt problem. Holding precious metals will be invaluable insurance to survive this crisis financially.

Chindia & Silk Road gold consumption for March.

It can’t happen here! What is happening in Venezuela and Argentina cannot occur in Western economies. That’s at least what markets believe with stocks and most bubble assets remaining in cloud cuckoo land. Rates in Argentina have just gone to 40% to protect the currency. Anyone who believes that...

Gold is actually at a good point to turn up here, as it is close to a zone of support which is underpinned by the rising 200-day moving average in quite close proximity. This looks like a pretty good point to undertake more accumulation.

Gold in Venezuelan Bolivars moves up exponentially every week. The price has gone from VEF 200 to VEF 75 million in this century and that won’t be the end. We will see similar moves in all currencies in coming years including the Dollar, Euro, Pound, Yen etc.

A war with Iran would eliminate the largest non-USD oil exporter. One thing leads to another. The gold repatriations are a precursor to a currency war and armed conflict. That’s what drives US foreign policy.