Gold

The fate of the global economy was decided decades ago as deficits, debts and derivatives started their exponential growth and reached the time bomb phase that we are now in.

This long-standing monetary policy generates a massive and catastrophic perverse effect: banks are no longer profitable. In other words, this policy pushes them into bankruptcy. This is what no less than the IMF explains in a study from last August 10.

This coming autumn, we are likely to see the beginning of the hyperinflationary phase of the sovereign debt crisis.

In spite of the manipulation of gold and gold stocks, gold will always over time reveal the truth. And the truth is that the massively inflated US stock market is underperforming in real terms in spite of making new highs.

Investors bought record amounts of gold in the first half as concerns over Britain’s vote on European Union membership and U.S. presidential elections drove demand for a haven.

Real GOLD versus Pokémon GO? That’s a simple choice for most people because shortly after launch there are already more than 30 million users of the game Pokémon GO (PG). Gold has not for a long time attracted the same interest but that is likely to change in the next few months and years.

How close is the price of silver related to gold? In other words, how big is the correlation between gold and silver? And should there be one?

Central banks have led the world on a course that could only have one result. And sadly, I believe that we are now very near the beginning of a disaster that will have a bigger impact on mankind than any war, disease or depression that the world has ever experienced.

The two-day meeting of the U.S. Federal Reserve Policy Committee left the nation’s benchmark interest rate as-is but without the unanimity displayed in June.

The theoretical arguments for central bank gold price management are based on the connection of gold with fiat currency. Gold reserves are designed to build confidence in fiat currency. This confidence would be jeopardized if the price of gold increased by too much, which is the theoretical basis...