Financial crisis

Banks are definitely no longer the sanctuaries they once were. Following the threats of draining bank accounts (BRRD, Sapin Law 2), cyber threats will make headlines in the years to come.

For $1,260, an investor will get a piece of paper saying he owns 1 ounce of gold. But he is unlikely to ever see that gold.

Greek Finance Ministry inspectors are about to start seeking out the owners of all local undeclared properties, while the law will be amended to allow for financial products and the content of safe deposit boxes to be confiscated electronically.

Time and time again we are seeing fraud taking place in the precious metals’ market. Thousands of tonnes of paper silver and paper gold are being dumped over just a few hours or days.

Apple, Google, Microsoft, Amazon and Facebook are valued at $2.8 trillion. That is twice Russia’s GDP and 42% (71,000 tonnes) of all the gold ever produced.

The best time to enter is when an investment is unloved and undervalued but few have the courage to do that.

Jim Rickards investigates the future of the global monetary system and explores the potential impact of a sovereign debt and global monetary crisis that may emerge as a result of a U.S. dollar default, the future of the Chinese yuan, as well as the new case for gold.

How can ordinary people ever understand the importance of gold when they are continuously fed with false and distorted facts.

The “Japanisation” of banks is the new illness of contemporary finance. Stemming from Japan, it is expanding progressively, especially in Europe. How does this disorder translate?

Doug Casey recently discussed the French presidential election—and why it matters to US investors.