
Germans Holding Record Amounts of Gold
Households 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 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.
Read articleThe astonishing Fed again proved the consistency of its inconsistency. Since its creation in 1913, and especially after WWII, the Fed has always been behind the curve. It is hard to believe that this is just incompetence. The recent change of policy hardly seems to be part of a plan but rather a...
Read articleThe head of the International Monetary Fund (IMF) has warned that the Eurozone is 'not resilient enough' to weather another economic crisis.
Read articleIt is virtually impossible to prepare for a potential extended downfall but what we can do is to prepare for the short term and protect our investment assets.
Read articleEconomies work best when currencies are stable in value. Once we know what the goal is, we then look for a way to achieve it; and the best way has always been to base a currency on gold. Nobody has found a better way, even in the form of a proposal; and nobody has ever needed to find a better way...
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