BRICS

There are storage companies in many countries. Outside of Switzerland the most popular locations are in Hong Kong and Singapore.

Hold your nerve. The reality is that we have been moving for several years to an informal Gold Standard in which gold takes its place once again as a central store of value – a currency of sorts – in the mix of sovereign reserves.

The gold prices are again under pressure. Another attack without any fundamental logic is happening on the paper markets for gold and silver, markets that have become unreal and fictitious

The correction in gold prices in December doesn’t seem to have scared China, since it imported a record amount of physical gold in that month.

So, how do you hold gold ? In a mutualized account ? Do you really have access to your gold ? Can you touch it ? Do you know the exact serial number of your ingots ?

Prices have dropped in the days following the QE4 announcement, and there is normally no more positive news for the precious metals than the announcement of massive money printing.

The fundamental and technical picture could not be better for gold and silver. Most governments’ deficits are escalating at a fast rate. Money printing worldwide is likely to accelerate rapidly and could reach exponential rises in the next 1-3 years.

The prices of gold and silver have dropped severely, November 28th 2012. Such a huge drop in less than a minute, only one day after options have expired, is quite hard to explain in a so-called free market in which no one is interfering.

Turkey has admitted that the increase in its gold exportations is related in reality to the payment of gas imported from Iran.

Recep Tayyip Erdogan, Turkey’s Prime Minister, has suggested to the International Monetary Fund to replace the dollar by gold when lending to troubled countries.