BRICS

I wanted to do a review of the Swiss gold referendum on Monday just after the referendum but I decided to wait a week and analyze its impact better. I think I was right.

This news should have made the front page but it was hardly mentioned at all: Italy’s public debt is just a notch away from the speculative category!

Interview of Fabrice Drouin Ristori (CEO GoldBroker) on paper gold, stock markets and US Dollar

Very few people understand what Putin is doing at the moment. And almost no one understands what he will do in the future. No matter how strange it may seem, but right now, Putin is selling Russian oil and gas only for physical gold.

Russia adds another 600.000 oz (18.7 tonnes) to its reserves in October.

Exclusive interview with Marc Faber on gold, the US dollar, China and the Swiss gold Referendum

Help your enemies underestimate your capabilities”. This military strategy is perfectly applicable today to the gold market. The Western press and pundits for the current financial status quo are doing all they can to divert investors from physical gold

There is a new alert out for banks and this time, it’s coming from a regulating agency worried of their capacity to weather an eventual next crisis. The alert was sounded by the FSB (Financial Stability Board), the G20’s organism in charge of financial regulation.

Some argue that without inflation or hyperinflation gold cannot reach $5,000, but they ignore that, in a deflationary environment, the global banking system collapses and this is as bullish for gold as hyperinflation.

All of a sudden, with the illusion of the end of QE, there is a strong belief that things have changed for the best for the U.S. and, more specifically, for the US dollar. All of a sudden, the US debt is gone and the deficit problem is almost solved with shale oil.