Dedollarization

Derivatives can only be netted down on the basis that counterparties pay up. But in a real systemic crisis, counterparties will disappear and gross exposure will remain gross.

Gold is today at a price that still does not take into account what has happened these last months and what will happen with respect to the coming avalanche of Treasury auctions to come.

Warren Buffett called derivatives financial weapons of mass destruction and he is absolutely right. Greedy bankers have now built derivatives to a self-destructive nuclear weapon. Archegos shows the world that an unknown smaller hedge fund can get credit lines of $30 billion or more that quickly lea...

Getting out of stocks and holding physical gold will not only be a seminal decision but it will also heed 2,500 years of wisdom that Confucius taught.

Every hyperinflationist event in history has resulted in a monetary collapse. It is not the increase in demand for goods and services or an aggressive rate policy that has caused these hyperinflations. These phenomena have always been due to poor monetary policies, involving currency devaluation. Hy...

I often hear complaints that gold is a useless investment since it doesn’t go up fast enough. Bitcoin and Tesla are much more exciting so why should an investor hold gold – an incredibly dull investment for the majority of people. If I tell investors that it is absolutely critical to hold gold for w...

The COMEX futures market is not a simple place for the buying and selling of paper contracts, but rather a highly corrupted place for the manipulation, leverage and manipulation of those paper contracts and hence the pricing of the assets they represent.

One critical tailwind for rising inflation is rising commodity prices, which are doing precisely that: Rising. In this article, we tackle the commodity issue in greater detail so that you can invest with greater perspective.

Worried about gold sentiment? Don’t be. The mainstream view of gold right now is an open yawn, and sentiment indicators for this precious metal are now at 3-year lows despite the gold highs of last August. Is this cause for genuine concern? Not at all.

Central banks became net buyers of gold in 2010, just after the financial crisis, with gold remaining an attractive class of assets for central bank reserve managers. Amid the uncertainties associated with Covid-19, the yellow metal acts as a “safe heaven” that can be stored and sold in case of liqu...