As Europe’s Financial System Fails, Gold Will Rise
With a very limited downside and an upside of many thousand dollars, at current levels of $1,175 physical gold is an absolute bargain.
Read article
With a very limited downside and an upside of many thousand dollars, at current levels of $1,175 physical gold is an absolute bargain.
Read article
Few people realise the coming bargains in all asset markets within the next five years or so. Stocks, bonds and property will be fractions of current prices.
Read article
The result of the constitutional referendum in Italy held last Sunday, December 4th, is undisputable, 60% voting “no”, and there was a large participation.
Read article
Gold is acceptable for the first time as an investment in Islamic finance after the group that sets standards for the industry adopted Shariah-compliant rules for trading the metal. The rules approved Nov. 19 allow gold to be used in the $1.88 trillion Islamic finance business, the Accounting an...
Read article
Nothing could have reinforced the lack of confidence in the banking system more and persuaded the ‘black’ financial system to remain than the chaos in which the removal of the 500 and 1000 rupee notes was done. It confirms gold as the foundation of the ‘black money’ system in India, hidden from o...
Read article
Very few people realise the enormous wealth transfer that will take place in the next 5 years. Most will lose 75-90% of their wealth and some 100%. What is interesting is that investors needn’t lose most of their money if they took a few measures to protect their fortune.
Read article
Allison suggested that the government's practice of insuring bank deposits up to $250,000 should be abolished and the US should go back to a banking system backed by "a market standard such as gold
Read article
As reported yesterday, India's unexpected crackdown on "black money" which saw the elimination of the old high denomination bills, is not going well, not only because former PM Manmohan Singh slammed the idea warning it would cut as much as 2% from the GDP of the world's fastest growing economy,...
Read article
During the election campaign, Donald Trump accused the Fed of playing the Democrats’ game by keeping rates low and creating a “horrible financial bubble”.
Read article
US President Elections vs NBER Recessions vs Gold/Silver/DJIA
Read article