Rates

It’s time for oil to rally a bit and for gold to move down into an intermediate cycle low.

Global risk has never been higher in history. And this pertains to economic, financial, geopolitical and cyber risks. Investors must not believe the lies and propaganda they are being fed. All is certainly not well in the state of the world.

Let’s ask for ECBexit! Not to get out of the euro (and get back to manipulated national currencies... no, thanks!), but to drastically reduce the power of the European Central Bank.

Is there gold price manipulation going on? Absolutely. There’s no question about it. Now, where is the manipulation coming from?

The best time to buy an asset is when it is unloved and undervalued like gold and silver were in the early 2000s. What few investors realise is that the current levels of gold and silver, when real inflation is taken into account, are very similar to where the metals were in 2000-2002.

Banks are definitely no longer the sanctuaries they once were. Following the threats of draining bank accounts (BRRD, Sapin Law 2), cyber threats will make headlines in the years to come.

Time and time again we are seeing fraud taking place in the precious metals’ market. Thousands of tonnes of paper silver and paper gold are being dumped over just a few hours or days.

Savers are often quite confused about gold and real estate.

Apple, Google, Microsoft, Amazon and Facebook are valued at $2.8 trillion. That is twice Russia’s GDP and 42% (71,000 tonnes) of all the gold ever produced.

The best time to enter is when an investment is unloved and undervalued but few have the courage to do that.