
Gold Moving Up Solidly
Gold is in the best of both worlds when rising along with the US Dollar. Gold in Australian Dollars, Euros, British Pounds, Canadian Dollars, Swiss Francs, Russian Rubles
Read articleGold is in the best of both worlds when rising along with the US Dollar. Gold in Australian Dollars, Euros, British Pounds, Canadian Dollars, Swiss Francs, Russian Rubles
Read articleIf gold is a relic of the past then why are central banks holding so much gold? Central banks hold, if we believe official statistics, around 20% of the global gold stock.
Read articleIs Mario Draghi on the verge of announcing a sovereign QE program? After joining together three recent events, this is the question I’ve been asking myself.
Read articleMoments ago, as if to deter further speculation that Russia is indeed converting hard money earned from real resources for fiat paper, the Russian monetary authority made it quite clear, that at least in November, Russia not only did not sell any gold, but in fact bought another 600K ounces in th...
Read articleKudos to Shinzo Abe who just got brilliantly re-elected despite a largely negative balance sheet! His party took two-thirds of the seats of the House of Representatives, a clear victory. The moniker “Abenomics”, a contraction of his name and economics, is known all around the world. Wow, what a t...
Read articleI wanted to do a review of the Swiss gold referendum on Monday just after the referendum but I decided to wait a week and analyze its impact better. I think I was right.
Read articleAnd just like that, the list of countries who want to repatriate their gold just increased by one more, because after Venezuela, Germany, the Netherlands, sorry Switzerland, and rumors of Belgium, we now can add Austria to those nations for whom the "6000 year old barbarous relic bubble" is more...
Read articleThis news should have made the front page but it was hardly mentioned at all: Italy’s public debt is just a notch away from the speculative category!
Read articleAccording to VTM Nieuws, Belgium is contemplating the repatriation of its gold reserves. It only has a limited amount of gold stored at the Belgium National Bank (BNB); the bulk of Belgium’s reserves is held at the Bank of England, a portion is held at the Bank of Canada, and another portion at t...
Read articleGold is breaking out in many currencies as gold rises at the same time as the US Dollar
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