Central banks

The end of the year should see silver prices rise sharply. One thing is certain, 2020 and 2021 will mark a major turning point in the History of money. Hang on to your precious metals. They are your security in the mess ahead.

Gold’s impressive advance in 2019 -- aided by trade war frictions, easier monetary policy across the world’s leading economies and sustained central-bank buying -- may be set to spill into the new decade.

When stock markets fall, precious metals will continue their secular bull market which initially started in 1971 with the last leg starting in 2000. Anyone doubting that we are in a bull market needs to look at the annual charts of gold in US dollars and Euros.

China's gold reserves stood at 62.64 million ounces (about 1,948 metric tons) at the end of November, central bank data showed Saturday. Chindia and Silk Road gold demand.

Mongolia's central bank announced on Tuesday that it has bought a total of 14.4 tons of gold from legal entities and individuals in the first 11 months of this year.

If gold reaches $12,000 by say 2025, Viktor’s wealth will during a 55 year investment period have gone from $10,000 to $1 billion which is a return of 10 million percent. Quite remarkable for just taking 6 investment decisions during his 50 year life as an adult.

Slovakia’s former premier said parliament should force the central bank to bring back the nation’s gold stored in the U.K. as history has shown that allies “can hardly” be trusted.

There are now a few signs in OECD countries that could reveal an incipient flight from money: rising prices in real estate, unlisted equities, gold, bitcoin". Thus, "The limit is no longer inflation, it is confidence in money.

Debt grows exponentially, risk grows super exponentially. Hold at least 50% of financial assets in gold.

Poland brought about 100 tons of gold home from the Bank of England in a bid to demonstrate the strength of nation’s $586 billion economy, central bank Governor Adam Glapinski said.