Central banks

There are a number of critical factors that will soon lead to the crossing of the Gold Maginot Line at $1,350.

China, having itself announced its desire to see Keynes' BANCOR set up, knows that the solution to resolve the huge imbalance in Sino-American trade is to revalue the yuan and devalue the US dollar.

There has been a lot of publicity about central banks having bought substantial amounts of gold in 2018, in total 651 tonnes which is the highest in 50 years. In relation to this gold story about central banks, it is not that they bought gold which is the real news. The important point is who bou...

The central banks of Russia and China helped drive a 7% increase in global gold demand in the first quarter from a year earlier, according to the World Gold Council, as they continued efforts to trim their exposure to US dollars.

Will the average stock portfolio gain 1,900% to make up for the coming 95% fall? This is the unenviable task that investors will be facing in years to come.

Gold’s next move up is not far away. There is still a short time when gold and silver can be bought at reasonable prices. But we are already experiencing supply problems in silver. So there is not much time left to acquire proper wealth protection in physical precious metals.

Households in Germany have lifted their holdings of gold, meaning, along with the central bank, the country now holds 6.5 per cent of worldwide gold reserves.

One of the Fed’s three main objectives is to maintain stable prices. But they have never achieved that at least not since 1971. Again, the Fed did a volte face because they have a total inability to read the economy. The clueless Fed overslept and realised a few years too late that the US economy...

The former number two of the New York Stock Exchange is certain. We must prepare for an unprecedented global financial crisis before the end of 2020.

Yet while Moscow's appetite for gold, which has doubled Russia's international gold reserves over the past three years, remains unparalleled, Beijing has also quietly joined its northern neighbor in casting a smaller if just as material vote of no confidence in the dollar.