
Jim Rickards on Central Banks’ Inability to Stop the Next Financial Crisis
Bill Bonner spoke to James Rickards about central banks’ inability to stop the next financial crisis, as well as a possible financial market lock down.
Read articleBill Bonner spoke to James Rickards about central banks’ inability to stop the next financial crisis, as well as a possible financial market lock down.
Read articleBy having control of the physical market for gold, China can threaten to use it to destabilize the dollar, without destabilizing the yuan.
Read articleChina and Russia know that it is only a matter of time before the dollar will lose its status as reserve currency. They also know that before this happens, the dollar will start crumbling and eventually disappear into a black hole resulting in an implosion of all the dollar assets and debts.
Read articleVenezuela this month allowed a $1.7 billion gold swap with Germany’s Deutsche Bank AG to lapse, according to an opposition legislator who said it weakens the balance sheet of the crisis-stricken OPEC nation’s central bank.
Read articleGold is better than cryptocurrencies due to its durability and intrinsic value, explains American banking giant Goldman Sachs.
Read articleDon’t hold gold in a Swiss Bank or in any bank in any country. We regularly see examples both in medium sized and big Swiss banks that should make bank clients very concerned.
Read articleInflation is coming and it will have a major effect on the world economy and financial markets. This is one of the factors that will drive gold to levels which few can imagine today. Later in this piece, I am discussing 10 Factors which will make gold surge.
Read articleThe traditional post jobs report rally for gold is in full swing. Gold arrived at a key Fibonacci line at about $1268 as the US jobs report was released.
Read articleChina, increasingly backed by Russia—the two great Eurasian nations—are taking decisive steps to create a very viable alternative to the tyranny of the US dollar over the world trade and finance. Wall Street and Washington are not amused, but they are powerless to stop it…
Read articleIf the US cannot stop China from implementing its “oil – for yuan – for gold” program, then the fate of the US is at hand.
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