
China's Gold Reserves at 62.64 mln ounces at the End of May
Value of China’s gold reserves rises to US$108.29 billion at end of May, from US$106.67 billion a month earlier
Read articleValue of China’s gold reserves rises to US$108.29 billion at end of May, from US$106.67 billion a month earlier
Read articleWill gold be confiscated? Yes, of course, it could be. Desperate governments will take desperate actions. And as the world economy is now slumping into a hyperinflationary depression, unlimited money printing will cause currencies to collapse, leading to a surge in the gold price measured in wort...
Read articleHow can anyone believe that the fake world the Fed and their fellow central bankers have created has anything to do with reality.
Read articleCentral banks and governments are now printing more money which makes it clear that we won’t see a voluntary abandonment of credit expansion. Instead, the world is now in the final stage of credit expansion which will lead to hyperinflation and “total catastrophe of the currency system involved.”...
Read articleAs the world economy is about to implode, very few investors realise what will hit them. The dip buyers of stocks don’t understand that it really is different this time as the world is now facing the biggest destruction of wealth in history.
Read articleTo test the value of the printed money, I suggest that the Fed prints $9.5 trillion and buys all the gold in the world, including jewellery, of 170,000 tonnes at the current price of $55.6 million per tonne. If they don’t understand what will happen, I can tell them. They would have real problems...
Read articleScotia was for years the world's biggest lender to the physical precious metals industry, with a history that stretches to 1684.
Read articleThe president of the Shanghai Gold Exchange (SGE) called for a new super-sovereign currency to offset the global dominance of the U.S. dollar, which he predicted would decline long term, while gold prices rally.
Read articleBank of America raised its 18-month gold-price target to $3,000 an ounce, in a report titled “The Fed can’t print gold.”
Read articleMine closures and selling restrictions are causing shortages of precious metals in the retail sector, but ETFs are experiencing large inflows of funds. Where do they get the gold, if at all?
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