China's Gold Reserves Scale Up For 15 Consecutive Years By 2020
China's gold reserves have grown every year for 15 consecutive years, reaching 14,727.16 tons by 2020, according to a yearbook issued by China Gold Association (CGA).
Read articleChina's gold reserves have grown every year for 15 consecutive years, reaching 14,727.16 tons by 2020, according to a yearbook issued by China Gold Association (CGA).
Read articleGold and silver are yet to benefit from the rise in the prices of the other assets; they are thought of as a currency, and not as commodities. These low prices are a bargain.
Read articleMoral and ethical values are gone and crime is rampant. This is not new in history and regularly happens at the end of major eras or cycles. This happened for example at the end of the Roman Empire as Rome disintegrated economically and morally. Decadence was rampant then as it is today. So were deb...
Read articleRegardless of whether the new monetary system is tied to digital currencies or not, there is no escaping the spiral of money printing and deficits that has gripped most of the world, and so a disorderly collapse is likely.
Read articleEgon von Greyerz and Matthew Piepenburg address gold’s recent “flash crash” in the context of technicals, fundamentals, and good ol’ fashioned price manipulation from the bullion banks. Toward this end, Egon gives careful attention to the technical indicators and their bullish trends/confirmations w...
Read articleActing straight away on the rates would have an even more devastating effect on the system as a whole. This is the impasse that the central banks have now got themselves into, in their interventionist policies. Acting straight away will break the engine. That’s what the math is telling us. Gold and...
Read articleWhat happened this morning very strongly looks like a “cleaning” of stop losses and “weak hands”. Another positive argument that militates for gold (and incidentally silver) is that real rates are diving.
Read articleThe beginning of the end of the current monetary system started exactly 50 years ago. In the next few years the world will experience the end of the end of another failed experiment of unlimited debt creation and fake fiat money. Measured in collapsing paper money, gold and silver will reach unthink...
Read articleThe true price of gold and silver will be the one that is displayed after the shift from paper to physical. The current price reflects precisely the preponderance of the financial market over the market for real assets. But for how long?
Read articleTime is now the monetary authorities’ enemy, in contrast to the other interventionist phases in which the inflation was under control. The longer these authorities delay acting, the further the rise in prices will spread. And the longer they wait, the more the risk of an urgent intervention to break...
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