Poland Gold Reserves to Rise Under Governor Glapinski's Watch
Poland’s central bank wants to buy at least 100 tons of gold in the coming years to demonstrate the country’s economic strength, Governor Adam Glapinski said.
Read articlePoland’s central bank wants to buy at least 100 tons of gold in the coming years to demonstrate the country’s economic strength, Governor Adam Glapinski said.
Read articleWorried about gold sentiment? Don’t be. The mainstream view of gold right now is an open yawn, and sentiment indicators for this precious metal are now at 3-year lows despite the gold highs of last August. Is this cause for genuine concern? Not at all.
Read articleCentral banks became net buyers of gold in 2010, just after the financial crisis, with gold remaining an attractive class of assets for central bank reserve managers. Amid the uncertainties associated with Covid-19, the yellow metal acts as a “safe heaven” that can be stored and sold in case of l...
Read articleSo far, only the ECB has intervened in the markets, but other central banks could follow suit. This week, the Fed will announce its decision on the monetary policy. And we cannot exclude that the American central bank will also signal a more dovish stance to calm the turmoil in the bond markets a...
Read articleAs Inflation rates outpace repressed yields, negative real rates increase in speed as will the price rise in gold currently feeling the pinch of temporarily higher real yields. Informed investors should therefore see the current calm in gold pricing as the time to buy gold rather than wait for pr...
Read articleAt present, gold in any case is continuing its correction in this context of rising interest rates. Disengagement on gold ETFS funds continued last week after a record 12 consecutive days of decrease. The last liquidation of these ETFS that was so intense goes back to the correction of December 2...
Read articleThe 2019-2021 gold chart is disturbingly similar to that of 2010-2012, but it does not have to be the harbinger of a bear market.
Read article“Reset” or no “reset,” currencies will continue their slow death spiral, and gold, always patient, always REAL rather than virtual, will continue its rise above the semantic dust and financial rubble of a broken banking system and failed monetary experiment driven by delusion, myth and alas, blat...
Read articleMore gold is traded daily in London than is produced through mining in a year. It is estimated that nearly 95% of that gold traded daily in London is unallocated paper gold. Similar figures exist in the COMEX in New York, and around 1% ever insisting on delivery. We can easily deduce from these f...
Read articleThe whole American economy in 2020 has been an illusion because the whole system is bankrupt.
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