Central banks

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 ?

In Switzerland, four members of the Parliament started the « Swiss Gold Initiative » in March of 2012. This movement demands the repatriation of the gold held by the Swiss National Bank

Some investors are disappointed as gold only went up 7% in USD in 2012. After having compounded at over 19% p.a. over 11 years, gold certainly should be allowed to just gain 7% without some people calling an end to the bull market.

There is very significant news that has barely made the headlines : Last week, the Fed has paid $89 Billion in benefits to the U.S. Treasury. It is 18% more than last year’s payment and it wipes out the $79 Billion 2010 record

In this interview by Fabrice Drouin Ristori, Egon von Greyerz explains why it's important to own gold outside the banking system and why gold is not in a bubble.

Incredibly, banks’ wishes have come true in the very first week of 2013 ! Should we rejoice ? Well, not really, because one of the main dispositions of Basel III, where prudential norms of the world banking sector are being discussed, has been emptied of its substance. The crisis of 2008 has sho...

The Fed has decided, last week, to extend its quantitative easing (QE) policy. The US central bank is back with pure monetary creation

Barack Obama and Ben Bernanke stand behind this policy of monetizing the public debt. Money printing contributes to the devaluation of the dollar and this is bullish for gold

The entire German gold hoard was gone because it had been leased into the marketplace. Meaning, the vaults holding German gold were emptied by 2001 because of the Bundesbank leasing activities