
The US Owes the World 3x The Gold Ever Produced
The US owes the world 453,000 tonnes of gold which is almost 3 times all the gold ever produced in history.
Read articleThe US owes the world 453,000 tonnes of gold which is almost 3 times all the gold ever produced in history.
Read articleRecent progress made in streamlining trade in local currencies has brought Moscow and Beijing closer to creating a financial architecture that could facilitate transactions in gold.
Read articleFor the third consecutive time since the tightening cycle began in December 2015, gold rallied on the back of a Fed hike.
Read articleTo claim that the global demand for physical gold is collapsing is seeded in either ignorance or mal-intent. But either way, the assertion is outright idiotic when the facts are examined
Read articleSeems to me the world is ready to hyperinflate into gold. After all, all currencies have already hyperinflated in the financial world.
Read articleTo own gold is not climbing a wall of worry. For anyone who understands the problems that the world is now facing, physical gold ownership gives peace of mind and the best insurance that money can buy.
Read articleWestern Central Banks have a real knack for timing the sale of their gold reserves. They are absolute experts when it comes to picking the bottom of the gold market. Central banks in the UK, Switzerland and Norway, to mention a few, timed their sales to perfection. The only problem is that they a...
Read articleCentral Banks don’t just lease their gold to the market. They most probably also sell gold covertly. Total Central Bank holdings are 33,000 tons. Of that Western Central Banks hold around 23,000 tons of gold including the IMF holding.
Read articleSadly, not many investors understand the notion of buying an asset which is unloved and undervalued, like gold and silver at the turn of the century.
Read articleThe banks must feel threatened by the recent activity in both physical and paper gold trading.
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