Central banks

Belgium is planning to retrieve 200 metric tons of gold, deposited to United Kingdom storage in the 1930s.

The massive deluge of liquidity from central banks in Europe, Japan and the United States (more QE, albeit with zero interest rate) is provoking a general crash in the risk premiums, which renders the markets practically blind.

Before I go into the five reasons to buy gold in 2015, let me go through four hypotheses for the future price of gold and silver.

On January 15, the Euro lost 30% against the Swiss Franc and the Dollar lost 25% in a few seconds. Although this event was not major enough to shake the world it will be another nail in the coffin of the vulnerable financial system, as well as a sign of the exponential rise we will see in volatil...

The mystery deepens: dutch central bank denies reports it bought gold for the first time in 17 years

The sudden burst of panic provoked last week by the Swiss National Bank (SNB) reveals that we have all become so addicted to the central banks’ doings that it is turning pathological.

The German central bank or Bundesbank said on Monday that it stepped up the repatriation of its gold reserves from overseas storage last year.

Swiss National Bank discontinues minimum exchange rate and lowers interest rate to –0.75%

On January 5th I sent an email to the head of market operations at the Banque de France, Mr Gautier. You can read the questions I asked him about the activity of the French Central Bank in the gold market here. On January 12th I received the following answer from Mr Gautier :   "Goo...

Letter to the attention of Mr. Alexandre Gautier, director of market operations at Banque de France, about the french gold reserves