Financial crisis

Currecide represents the most pernicious, expansive and potentially profitable fraud ever committed against the people in history.

Investors in the US would have made $262,000 more by investing in gold than in the S&P. In the UK, an investor would have made £448,000 more by investing in gold instead of the stock market.

2017 has just started but some longer-term trend changes already seem to develop.

At the beginning of a new year it would be totally natural to forecast what the likely events and trends will be for 2017. A lot of experts around the world will predict a number of “new” events as if a lot of things will change just because we are entering a new year.

We are now approaching the final mania in markets. The Dow seems to be on its last swansong. Investors have been determined to take it up to 20,000. So far, the market has been twelve points from this magic level. At the same time treasury bonds are crashing.

We will see in-flation, stag-flation, hyperinflation and de-flation. Many of these flations will happen simultaneously.

With a very limited downside and an upside of many thousand dollars, at current levels of $1,175 physical gold is an absolute bargain.

Few people realise the coming bargains in all asset markets within the next five years or so. Stocks, bonds and property will be fractions of current prices.

The result of the constitutional referendum in Italy held last Sunday, December 4th, is undisputable, 60% voting “no”, and there was a large participation.

Nothing could have reinforced the lack of confidence in the banking system more and persuaded the ‘black’ financial system to remain than the chaos in which the removal of the 500 and 1000 rupee notes was done. It confirms gold as the foundation of the ‘black money’ system in India, hidden from o...