Financial crisis

Egon von Greyerz discusses the demise of the dollar and other currencies as well as the coming 90% fall of stock markets versus gold

Charts by Nick Laird. Gold vs Argentine Pesos, Gold vs Turkish Lira & Gold vs Syrian Pound

Rates on the debt of Italy and Spain have reached high levels in 2011 and 2012, even 7% at times, a rate considered as « mortal », because it could snowball into quick defaults. But in 2013 and the start of this year, these rates have been around 4%, in the midst of weak volatility. Does that mea...

The evidence of gold price manipulation is clear. In this article we present evidence and describe the process. We conclude that ability to manipulate the gold price is disappearing as physical gold moves from New York and London to Asia, leaving the West with paper claims to gold that greatly ex...

Germany’s top financial regulator said possible manipulation of currency rates and prices for precious metals is worse than the Libor-rigging scandal, which has already led to fines of about $6 billion.

What kind of game are the banks and the states playing? Here are four news items that should alert anyone still having faith in the european banking system.

The French government keeps rising taxes of all sorts; one couldn’t hope for gold to escape them.

Quantitative easing causes an artificial wealth effect for the wealthiest, while the middle-class earnings are not improving

Debt burdens in developed nations have become extreme by any historical measure and will require a wave of haircuts, warns IMF paper

Egon von Greyerz about the coming failure of the gold paper market, the importance of owning physical gold as insurance against a failure of the financial system and to protect against counterparty risk.