Gold

The Bank of Mexico (Banxico) has become one of the first central banks in the world to reveal its gold bar list.

To own gold is not climbing a wall of worry. For anyone who understands the problems that the world is now facing, physical gold ownership gives peace of mind and the best insurance that money can buy.

In a February 28, 2017 speech widely regarded by analysts as heavy on rhetoric but light on substance, United States President Donald J. Trump reiterated the campaign promises that brought him to power without offering any plans for how or when he would deliver them.

Western Central Banks have a real knack for timing the sale of their gold reserves. They are absolute experts when it comes to picking the bottom of the gold market. Central banks in the UK, Switzerland and Norway, to mention a few, timed their sales to perfection. The only problem is that they a...

Central Banks don’t just lease their gold to the market. They most probably also sell gold covertly. Total Central Bank holdings are 33,000 tons. Of that Western Central Banks hold around 23,000 tons of gold including the IMF holding.

The money created without any counterparty artificially inflates the value of assets, until they reach a breaking point – sooner or later.

Sadly, not many investors understand the notion of buying an asset which is unloved and undervalued, like gold and silver at the turn of the century.

The banks must feel threatened by the recent activity in both physical and paper gold trading.

Overall stocks have been a great investment for the last 100 years due to the massive credit expansion and money printing worldwide.

There was another ban that was quietly proposed last week, and this one has far wider implications: a ban on cash.