Central banks

When the Dow Jones hit 14,000 pts, it reached its historic record of 2007. A remarkable comeback after its low of 6,500 pts of 2009. So, then, the crisis is over?

A great amount of money is being created by the central banks (FED, BCE, BoJ) but, for now, we’re not seeing a strong inflation

The european banking system remains entirely dependant on the ECB for its daily operations, and this is not good news

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 show...