Financial crisis

Venezuela has defaulted on a gold swap agreement valued at $750 million with Deutsche Bank AG, prompting the lender to take control of the precious metal which was used as collateral and close out the contract.

A new theory is becoming increasingly successful in the United States, and it is starting to make people talk about it in Europe. Remember this name, you will hear it more and more: the Modern Monetary Theory (MMT).

The massive explosion of wealth in the world could be a sign of general prosperity but that is certainly very far from the truth. The printed money and credit expansion has only benefited a very small minority. The gap between the rich and the poor is getting ever wider but it will soon shrink dr...

According to a ranking compiled by Les Echos, among the seventeen largest European banks, Deutsche Bank has the largest number of employees paid more than €1 million per year - exactly 643 - ahead of Barclays (542) and HSBC (399), despite being the largest bank in the EU by balance sheet.

My long standing target for gold of $10,000 in today’s money and much, much higher in inflationary terms, is now more probable than ever.

There are a number of critical factors that will soon lead to the crossing of the Gold Maginot Line at $1,350.

China, having itself announced its desire to see Keynes' BANCOR set up, knows that the solution to resolve the huge imbalance in Sino-American trade is to revalue the yuan and devalue the US dollar.

There has been a lot of publicity about central banks having bought substantial amounts of gold in 2018, in total 651 tonnes which is the highest in 50 years. In relation to this gold story about central banks, it is not that they bought gold which is the real news. The important point is who bou...

The question is not a crazy one: GAFA are investing in banking services, as well as a lot of FinTechs.

Will the average stock portfolio gain 1,900% to make up for the coming 95% fall? This is the unenviable task that investors will be facing in years to come.