Central Banks: Gold’s Greatest Ally
The history of gold bull markets (1971–80 and 1999–2011) shows that the most powerful gains come toward the end of the bull market, not at the beginning.
Read articleThe history of gold bull markets (1971–80 and 1999–2011) shows that the most powerful gains come toward the end of the bull market, not at the beginning.
Read articleIn this interview Egon von Greyerz answers viewer questions. Gold continues to correct, but mining shares send positive signals. China and Russia are buying a lot of gold and their power is growing. Do they even have 100,000 tons of gold each? A well-connected author asserts this. Digital currenc...
Read articleIf the IMF does not speak (for the moment) directly about using physical gold in this new system, the institution has however just announced that a new "Bretton Woods" was necessary to manage the post-crisis period and to restructure the debt of the G20 countries.
Read articleMorgan’s observation that “Money is gold, and nothing else,” was right in two respects. The first and most obvious is that gold is a form of money. The second and more subtle point, revealed in the phrase, “and nothing else,” was that other instruments purporting to be money were really forms of...
Read articleAs global central banks’ balance sheets are exploding, with disastrous consequences, the Swiss National Bank (SNB) stands out as the “biggest hedge fund” and speculator in the world. Its balance sheet is over $1 trillion or 136% of Swiss GDP. The Fed balance sheet is 35% of US GDP.
Read articleIn this interview, Egon von Greyerz speaks to Tom Bodrovics from Palisade Radio about the cyclical and repetitive nature of the current economic situation and shares his concerns about increasing debt and central banks’ response.
Read articlePerhaps we will return to the gold standard... Will it then be necessary to bring back gold in exchange for banknotes? No, we won't be fooled twice. We'll have to keep our gold, we'll have to maintain, at least in part, its decentralized form to preserve its value, and to guarantee our freedom.
Read articleThe Chinese understand the long game and they have infinite patience. They have always known that they never needed to attack the US, financially or militarily. Because China has invariably understood that the US would self-destruct.
Read articleThe main factor is the distrust of currencies; central banks are running their money printing presses at full speed, whereas with the recession due to the coronavirus, the production of real goods is falling. In this case, what is money worth? What are the major currencies, the dollar, the euro,...
Read articleWith Election Day just five weeks away, investors are growing increasingly fearful of a contested presidential election—and UBS is the latest Wall Street firm to warn about increased stock market volatility telling clients to buy safe-haven assets like gold.
Read article