
Disinflation Risk and the Gold Price
Deflation fears persist and, with it, the impact it would have on the gold price. Many observers believe the gold price would go down. Let’s try to clarify things a little.
Read articleDeflation fears persist and, with it, the impact it would have on the gold price. Many observers believe the gold price would go down. Let’s try to clarify things a little.
Read articleWe’ve already talked about what happened in Cyprus last April : the confiscation of bank accounts over 100,000 euros to shore up local failing banks. We also explained that it was but a rehearsal for future settlement of banking crises : directly looting depositors’ accounts. And, case in point,...
Read articleAmidst these geopolitical and monetary secular changes happening, gold will shine again in its historical role of debt extender and stable monetary haven. However this secular monetary crisis unfolds, gold will obviously be priced much higher than today in relation to fiat currencies.
Read articleFinancial journalist Lars Schall talked with German academic Tom Fischer, a financial mathematician, about the phenomenon why gold’s usual state of contango suggests central bank interference. Moreover, they took a look at the issue of the paper vs the physical gold market, and discussed other is...
Read articleAccording to the Bank of Italy, of the 255 billion euros borrowed from the ECB through the LTRO, italian banks only reimbursed 15%, or 38 billion euros. So, there still remains 217 billion euros to be paid in 2014... and for Spain, the amounts are just about the same.
Read articleIn this excellent interview Dimitri Speck explains in detail why central banks and bullion banks coordinated their efforts to suppress the gold price. He also explains the entire and very important post WWII role of gold and rigging of the silver market.
Read articleOnly 40 european banks have disappeared since the 2008 financial crisis, compared to almost 500 in the United States. The governments have decided to keep their banks alive, and this has caused the healing process to slow down.
Read articleAndrew Huszar: Confessions of a Quantitative Easer. We went on a bond-buying spree that was supposed to help Main Street. Instead, it was a feast for Wall Street.
Read articleThis confidential 1974 memo to Paul Volcker is a continuation of the US thinking on the issue of the SDR, the fate of paper currencies, and the preservation of US control over reserve currency status
Read articleBitcoins : it’s new, it’s in, so to speak, and we keep hearing a lot about this virtual money that was created in 2009 and that is breaking record after record. What should we think about it?
Read article