
Malaysia Proposes Common East Asia Currency Based on Gold
Malaysian Prime Minister Mahathir Mohamad on Thursday proposed to create a new “special currency” for the region based on gold, replacing the existing currency trading regime.
Read articleMalaysian Prime Minister Mahathir Mohamad on Thursday proposed to create a new “special currency” for the region based on gold, replacing the existing currency trading regime.
Read articleA new theory is becoming increasingly successful in the United States, and it is starting to make people talk about it in Europe. Remember this name, you will hear it more and more: the Modern Monetary Theory (MMT).
Read articleTwo more nations, Serbia and the Philippines, have boosted their national gold reserves. They follow a global trend of other central banks accumulating bullion in a move seen as a shift away from the US dollar standard.
Read articleThe massive explosion of wealth in the world could be a sign of general prosperity but that is certainly very far from the truth. The printed money and credit expansion has only benefited a very small minority. The gap between the rich and the poor is getting ever wider but it will soon shrink dr...
Read articleCharts are suggesting that gold and silver are close to completing giant bottoming patterns that started to form (in the case of gold) as far back as 2013.
Read articleAccording to a ranking compiled by Les Echos, among the seventeen largest European banks, Deutsche Bank has the largest number of employees paid more than €1 million per year - exactly 643 - ahead of Barclays (542) and HSBC (399), despite being the largest bank in the EU by balance sheet.
Read articleMy long standing target for gold of $10,000 in today’s money and much, much higher in inflationary terms, is now more probable than ever.
Read articleThere are a number of critical factors that will soon lead to the crossing of the Gold Maginot Line at $1,350.
Read articleChina, having itself announced its desire to see Keynes' BANCOR set up, knows that the solution to resolve the huge imbalance in Sino-American trade is to revalue the yuan and devalue the US dollar.
Read articleIn the last few months, the gold/silver ratio has always remained in a range between 82-86, but the bearish wedge pattern makes possible a sudden fall in the ratio, which would favor silver in a surprising way.
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