Venezuelans just lost 46% of their purchasing power in a single day
Venezuelans have just been experimenting one of the risks associated with paper money. Actually, they just lost 46% of their purchasing power in a single day
Read articleVenezuelans have just been experimenting one of the risks associated with paper money. Actually, they just lost 46% of their purchasing power in a single day
Read articleMany large international banks, like Crédit Agricole, Commerzbank and UBS are announcing important losses for the last quarter of 2012
Read articleA currency system must be based on an indisputable money base that doesn’t bear the mark of one country. There is only one standard that meets those criteria and that must be gold.
Read articleSome investors are disappointed as gold only went up 7% in USD in 2012. After having compounded at over 19% p.a. over 11 years, gold certainly should be allowed to just gain 7% without some people calling an end to the bull market.
Read articleThere is very significant news that has barely made the headlines : Last week, the Fed has paid $89 Billion in benefits to the U.S. Treasury. It is 18% more than last year’s payment and it wipes out the $79 Billion 2010 record
Read articleIn this interview by Fabrice Drouin Ristori, Egon von Greyerz explains why it's important to own gold outside the banking system and why gold is not in a bubble.
Read articleIncredibly, banks’ wishes have come true in the very first week of 2013 ! Should we rejoice ? Well, not really, because one of the main dispositions of Basel III, where prudential norms of the world banking sector are being discussed, has been emptied of its substance. The crisis of 2008 has sho...
Read articleThe answer to our actual crisis goes through a return to « sound » money. Not necessarily a gold standard, which would be too brutal, but at least we should let gold circulate as real money alongside the fiat currencies
Read articlePrices have dropped in the days following the QE4 announcement, and there is normally no more positive news for the precious metals than the announcement of massive money printing.
Read articleThe aim of this article is to explain the differences between investment solutions offering direct ownership (allocated) and mutualized (non-allocated) ownership of physical gold.
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