Rates

Europe - Bank Default: Deposits No Longer Insured

Published by Philippe Herlin | Sep 18, 2015

From now on, when a European bank goes bankrupt, the shareholders shall be the first to foot the bill (makes sense), then the holders of bonds issued by the bank (also makes sense) will be next in line, and if this isn’t enough, the bank will be allowed to use the money in their clients’ accounts...

Read article




Is This the Start of India's Gold Confiscation?

Published by Goldbroker ™ | Sep 10, 2015

On April 5, 1933, FDR signed Executive order 6102 which made illegal "the Hoarding of gold coin, gold bullion, and gold certificates within the continental United States" in the process criminalizing the possession of monetary gold by any individual or corporation. This was de facto gold confisc...

Read article



The Shanghai Crash Signals More Turmoil Ahead

Published by Philippe Herlin | Aug 27, 2015

The veil is being ripped... the Shanghai stock market crash reveals what the global financial markets would not dare admit: Chinese growth has vanished. Everyone was trying to believe that the official rate of 7% was real, that we could pin our hopes on it, that it would be the engine of the glob...

Read article


We put safety at the core of our business