
The Caracas Syndrome
If I’m talking about Caracas, it’s to draw a parallel with Wall Street. In Venezuela, the stock market goes up because the currency devalues... The same is true in New York.
Read articleIf I’m talking about Caracas, it’s to draw a parallel with Wall Street. In Venezuela, the stock market goes up because the currency devalues... The same is true in New York.
Read article2020 seems to be the very early beginnings of the worst global depression that the world has ever experienced. It will be devastating for everybody. We can all prepare financially by holding some physical gold and silver which is the best insurance anyone can buy against what is coming.
Read articleSince January 1, 2019, gold has recorded a 21.7% return in euros, 16.4% in dollars and an average of 17.8% in the various currencies considered. Since 2001, this represents an average annual performance of 9.6% in euros, 10.4% in dollars and 10% on average. Is the "barbaric relic" sending us a si...
Read articleThe end of the year should see silver prices rise sharply. One thing is certain, 2020 and 2021 will mark a major turning point in the History of money. Hang on to your precious metals. They are your security in the mess ahead.
Read articleWhen stock markets fall, precious metals will continue their secular bull market which initially started in 1971 with the last leg starting in 2000. Anyone doubting that we are in a bull market needs to look at the annual charts of gold in US dollars and Euros.
Read articleIf gold reaches $12,000 by say 2025, Viktor’s wealth will during a 55 year investment period have gone from $10,000 to $1 billion which is a return of 10 million percent. Quite remarkable for just taking 6 investment decisions during his 50 year life as an adult.
Read articleDebt grows exponentially, risk grows super exponentially. Hold at least 50% of financial assets in gold.
Read articleThe gold price is determined in a Casino with massive leverage and has nothing to do with the real price of physical gold.
Read articleMarxism will precipitate the collapse of nations. Depending on at what point in the cycle a Marxist party comes to power, they will either fuel the hyperinflationary period by printing unlimited amounts of money, or they will gain power as the deflationary depression has set in. Either way, Marxi...
Read articleWhy are banks no longer lending to each other? Are they afraid that collapse is imminent somewhere in the system, as with the Lehman collapse in 2008?
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