Italy’s Populists: "Gold Belongs To The People, Not Bankers"
The Wall Street Journal reports that Italy’s ruling populists pushed ahead this week with efforts to seize control of the central bank and its gold reserves.
Read articleThe Wall Street Journal reports that Italy’s ruling populists pushed ahead this week with efforts to seize control of the central bank and its gold reserves.
Read articleWill the date of March 29, 2019 remain in the history of gold? Certainly, because it marks the resurgence of precious metals in the banking and financial system.
Read articleThe astonishing Fed again proved the consistency of its inconsistency. Since its creation in 1913, and especially after WWII, the Fed has always been behind the curve. It is hard to believe that this is just incompetence. The recent change of policy hardly seems to be part of a plan but rather a...
Read articleGlobal demand for gold in 2019 will rise to the highest in four years as higher consumption by jewelers offsets a fall in purchases by central banks, an industry report said on Monday.
Read articleThe head of the International Monetary Fund (IMF) has warned that the Eurozone is 'not resilient enough' to weather another economic crisis.
Read articleIt is virtually impossible to prepare for a potential extended downfall but what we can do is to prepare for the short term and protect our investment assets.
Read articleEconomies work best when currencies are stable in value. Once we know what the goal is, we then look for a way to achieve it; and the best way has always been to base a currency on gold. Nobody has found a better way, even in the form of a proposal; and nobody has ever needed to find a better way...
Read articleFor anyone who doesn’t understand the necessity of owning gold, just go through the list of risks in the Time Bomb. And once you have gone through it, go through it again and again and again. The list includes 3 dozen reasons why you need to hold physical gold as protection or insurance against u...
Read articleAfter China's official gold reserves rose for the first time in around two years (since Oct 2016) in December, Beijing appears to have joined the global gold rush, increasing its gold reserves for the third month in a row in February to 60.26 million ounces.
Read articleHere are the numbers: France’ public debt has reached €2,299.8 billion, the equivalent of 99% of its GDP. Public debt keeps growing year after year since deficits – State ones being the largest – persist.
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