
Gold Rush in China
The price of gold falls in London while it rises in China. The divergence reported in my last article continues this week. The Chinese gold and precious metals market seems to be following its own trajectory.
Read articleThe price of gold falls in London while it rises in China. The divergence reported in my last article continues this week. The Chinese gold and precious metals market seems to be following its own trajectory.
Read articleWe first looked at Gold and Silver priced in World Currency Units (WCU) back in March, and it's time for an update to see how those charts have been tracking.
Read articleThe Western world economy is now as close to being terminally ill as it has ever been and its population is continuously getting unhealthier.
Read article30-year Treasury bonds have fallen by more than 50%. Losses are starting to mount again, and this is worrying many observers. Although the US is not exposed to the risk of default, this decline reflects the effects of tighter monetary policy.
Read articleIMF data shows gold reserves at the Central Bank of Russia rose by 3 tonnes (≈ 100,000 oz) in August. This means that its gold reserves are back to where they were at the start of the year - 2,333 tonnes.
Read articleSome people know the story of the Gold Rush from the Charlie Chaplin film, others from TV shows or books of all kinds. At the very least, historians consider this period to be one of the most significant of the 19th century. Both fascinating and structuring, it is particularly revealing of Americ...
Read articleThis week we will look at a couple ratio charts that compare precious metals to real estate to get a sense of what might be the better investment going forward.
Read articleIn the United States, the consumer price index (CPI) rose by 0.6% in August and by 3.7% year-on-year. This is an acceleration on the 0.2% monthly increase and 3.2% annual gain published in July. The year-on-year increase is higher than the economists' forecasts. In other words, August's CPI excee...
Read articlePrecious metal prices, particularly silver, are closely linked to energy prices. Bank demand for gold looks set to be extremely strong in the final quarter of 2023, especially as the banking crisis is likely to spread internationally, as it did in 2008.
Read articleChina added to its gold reserves for a 10th straight month, extending a push to bolster its hefty stockpile as it tries to diversify away from the US dollar.
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