Financial crisis

Gold rose above $1,600 for the first time in more than two weeks, as concern that Europe’s debt crisis will escalate increased the appeal of the metal as a haven.

A great amount of money is being created by the central banks (FED, BCE, BoJ) but, for now, we’re not seeing a strong inflation

Away from the cameras, without invoking a « last chance summit », Ireland just benefited from a restructuration

Venezuelans have just been experimenting one of the risks associated with paper money. Actually, they just lost 46% of their purchasing power in a single day

Many large international banks, like Crédit Agricole, Commerzbank and UBS are announcing important losses for the last quarter of 2012

The Securities and Exchange Commission (SEC) has forbidden Egan Jones to publish its rating notes on States for 18 months (SEC’s announcement), a stupefying decision

Japan just crossed another hurdle in its escape ahead by monetization of its debt in what can be called a show of strength by the new Prime Minister, Shinto Abe, against Japan’s central bank.

The case for gold as the ultimate wealth preservation investment is irrefutable. Whilst paper money and all assets that were financed by the credit bubble will collapse in real terms, gold will continue to represent stable purchasing power as it has done during 5,000 years.

he bank’s board of directors just published a document asking the shareholders (the governments of France, Belgium and Luxembourg) to subscribe to an increase in capital of 5.5Billion euros

Moody’s has decided on Monday night to downgrade France’s AAA rating. A French debt crisis would jeopardize all of the Eurozone