Financial crisis

It seems that a bull fed on paper money has eternal life. Whatever the news is, stock markets worldwide react positively. It takes a long time to kill off a secular bull even if it has the wrong diet. Central banks have no policy This last week stock markets surged on the news more QE is like...

Everyone must now be made aware that if a bank goes bankrupt, it will have the legal right to bail itself out by taking money out of your account, whether it’s in France or, very soon, in all European countries.

Dan Popescu's exclusive interview with Bill Holter on the Fed, the dollar, China and gold

A junior employee in Deutsche Bank (DB) paid $6 billion to a hedge fund which was the gross value of a position. He should have paid the net. That in a nutshell shows the uncontrollable exposure of the banking system which will lead to its downfall.

A crisis is not limited to a stock market decline because in such a case, an evaluation of the absorption capacity can be made and a return to normalcy is possible. It is also caused by a major default of an entity with no hope for recovery that may trigger a destructive domino effect. In short,...

  Thanks to a set of excellent charts on gold imports vs exports by Nick Laird (www.sharelynx.com), I would like to give you a brief outlook of where is gold going. We heard for some time that gold is moving to the Far East but is it really only moving there? Well if we start with the US,...

In my most recent article, A Stock Market Collapse and Surge in Gold is Imminent, I discuss the excesses in the world and the effects that will have on the financial system and the stock market as well as on the gold and silver prices. Yes, some readers might find that a forecast of $10,000 gold...

What has happened in the last four years in the world economy has confirmed the importance of capital preservation. But for precious metals investors who came in nearer the top, it has clearly been a nerve racking time.

The Swiss Competition Commission (COMCO) announced Monday the opening of an investigation on the price fixing in the precious metals market. Seven banks with international reputations are being targeted by the authorities: UBS, HSBC, Deutsche Bank, Barclays, Morgan Stanley, Mitsui and Julius Baer.

  In this article I want to approach the idea of a gold standard from a more “regular people” perspective rather than from a “high academic” economic/finance and, sometimes, legalistic perspective. I constantly read books and articles full of mathematics written by the economic academia,...