Gold

Gold demand was 1,123t in Q2, up 8% y-o-y. H1 demand jumped to a three-year high of 2,181.7t, largely due to record-breaking central bank purchases.

As panic in markets start and investors quickly turn from the stock market euphoria of the past to total fear, some investors will rush to buy wealth preservation assets. Initially there will be some willing sellers and gold will rise to multiples of the current price. But as the paper gold marke...

European central banks have decided not to extend a 20-year-old agreement to coordinate their gold sales, noting that they have no plans to sell large amounts of the metal.

Confidence and euphoria will turn to fear and despair. Once the market realises that this time central banks have no weapons left in their armoury and that money printing or lower rates have no effect, there will be real panic.

Hedge fund kingpin Ray Dalio is seeing a case for gold as central banks get more aggressive with policies that devalue currencies and are about to cause a “paradigm shift” in investing.

We know with absolute certainty that governments will continue to oblige by destroying the economy, spending money they haven’t got, increasing deficits and debts and totally debasing currencies until they are worthless. For those reasons we are holding gold and sleeping well at night.

Judy Shelton has made a name for herself as a fan of the gold standard through several recently published articles.

Federal Reserve Chairman Jerome Powell told Congress on Wednesday that he doesn’t think a return to the gold standard in the U.S. would be a good idea.

Very important changes will soon take place in markets with the 2007-9 crisis returning with a vengeance. The final phase up in US stocks could last a few weeks and most likely not more than 2 months. Thereafter a secular bear market will start that will be devastating for the world economy, the...

The People’s Bank of China said Monday it raised reserves for a seventh month in June, adding 10.3 tons, following the inflow of almost 74 tons in the six months through May.