Financial crisis

I think it would be interesting to look in the rear-view mirror to get an overview of the performance we can expect in large asset classes available to the French savers – and gold in particular.

The fractional banking system is soon coming to an end with the most massive bang. Holding physical gold seems like an excellent idea.

The dollar constitutes about 60% of global reserves, 80% of global payments and almost 100% of global oil transactions. So the dollar’s strength or weakness can have an enormous impact on global markets.

Gold trackers cannot be put on the same level as physical gold, which remains the only gold asset that serves as real wealth insurance.

In another post, we saw that mining shares, being shares mainly (with high volatility and the risk of losing 100%), cannot be put on the same level as physical gold. Is it also the case with “paper gold”?

Whilst the US government worries about the military threat of Russia, and the trade deficit with China, they show no concern for the real problems. To understand what is really happening, all we need to do is to Follow the Money. The flows of real money reveal where global economic power is moving.

On the question of immigration, we are witnessing more and more divide within the European Union. One cannot keep, while witnessing all this confusion and frustration, from imagining what it would be like in case of a banking and financial crisis.

My advice to investors is to learn from the recent economic problems/disasters in Turkey, Argentina and Venezuela. Any amount of personal gold, even very small, would have saved the holders in these countries from misery. It is also now critical to heed the strong warning signs of deep trouble co...

Banking mergers are absolutely not the answer to the banking problems today – in fact, they would constitute a dangerous leap forward.

As a wealth management advisor, substituting the easy solution of acquiring gold mining shares to physical gold – whether within a life insurance policy or with an ordinary account – would be a mistake.