Will GAFA Precipitate the Collapse of the Banks?
The question is not a crazy one: GAFA are investing in banking services, as well as a lot of FinTechs.
Read articleThe question is not a crazy one: GAFA are investing in banking services, as well as a lot of FinTechs.
Read articleThe central banks of Russia and China helped drive a 7% increase in global gold demand in the first quarter from a year earlier, according to the World Gold Council, as they continued efforts to trim their exposure to US dollars.
Read articleWill the average stock portfolio gain 1,900% to make up for the coming 95% fall? This is the unenviable task that investors will be facing in years to come.
Read articleGold’s next move up is not far away. There is still a short time when gold and silver can be bought at reasonable prices. But we are already experiencing supply problems in silver. So there is not much time left to acquire proper wealth protection in physical precious metals.
Read articleHouseholds in Germany have lifted their holdings of gold, meaning, along with the central bank, the country now holds 6.5 per cent of worldwide gold reserves.
Read articleOne of the Fed’s three main objectives is to maintain stable prices. But they have never achieved that at least not since 1971. Again, the Fed did a volte face because they have a total inability to read the economy. The clueless Fed overslept and realised a few years too late that the US economy...
Read articleThe former number two of the New York Stock Exchange is certain. We must prepare for an unprecedented global financial crisis before the end of 2020.
Read articleYet while Moscow's appetite for gold, which has doubled Russia's international gold reserves over the past three years, remains unparalleled, Beijing has also quietly joined its northern neighbor in casting a smaller if just as material vote of no confidence in the dollar.
Read articleThe Wall Street Journal reports that Italy’s ruling populists pushed ahead this week with efforts to seize control of the central bank and its gold reserves.
Read articleWill the date of March 29, 2019 remain in the history of gold? Certainly, because it marks the resurgence of precious metals in the banking and financial system.
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