Rates

So what’s new in the States? The recovery... which needs more and more time to become a reality. Judge by yourself : Growth in the first quarter plummeted to a meager 0.1%. The explanation from official sources? Snow...

These last few days, the media would have us believe that Greece is doing better, that the country is on its way back up, and two irrefutable proofs are brought in for that demonstration : Greece is now experiencing a primary budgetary surplus, and it has regained access to financial markets. Let...

When one thinks of Switzerland, banking comes to mind easily but gold doesn’t as much. After all, the relationship between Switzerland and gold is more ancient than the one with paper bank deposits.

By constantly playing with words and abusing its people, the french government may face some violent consequences. The fall may be more brutal. France is the pivot country between Europe’s south and north, and a crisis surrounding the trust on its debt would spread to all of the Eurozone...

IMF says the number of non-performing loans on the european banks’ balance sheets has doubled since 2009, going from 400 to 800 billion euros.

We are aware of the problems of « Too Big to Fail » banks : They are so big that, if they were to fail, it would cause such economic havoc that they can rest assured to be bailed out by the State. And they’re taking advantage of this situation by taking on even more risk!

Why is deflation depicted as an absolute horror? Journalists, economists, politicians and central bank chairmen are all warning us against a general and durable price deflation, equating it to the Apocalypse, as they explain it. This unanimity is very troubling, so let’s stay on the alert.

There is no doubt that our actual international monetary standard based on the US dollar, in place since the breaking of the Bretton Woods accords in 1971, is living its last days. What will replace it?

Max Keiser interviews Egon von Greyerz about Fed policy, dollar devaluation, gold price manipulation and wealth preservation.

The breakout observed on the CCI commodities index should correspond to another leg in the bear market for the dollar and to another leg in the bull market for commodities that started in 2001 and that can be qualified as a « supercycle ».