Articles

The Italian Parliament voted for a motion to create "mini-BOTs", i.e. ordinary Treasury bills of low unit amount, the level of a banknote, to be able to be used routinely. They would not offer interest and would have no maturity, which would assimilate them to traditional currencies.

The global monetary regime has collapsed three times over the past 100 years, in 1914, 1939, and 1971. They seem to happen about every 30 to 40 years on average. It’s now been over 40 years since the last collapse, so we’re due. Got gold?

China extended its gold-buying spree, adding to reserves for a sixth straight month, as the protracted trade war with the U.S. hurts growth expectations and boosts demand for a portfolio diversifier.

Even with this consistent manipulation, gold still reveals the deceit and the mismanagement of the economy. No UK prime minister has told the British people, that their money has lost most of its value in real terms in this century.

Venezuela has defaulted on a gold swap agreement valued at $750 million with Deutsche Bank AG, prompting the lender to take control of the precious metal which was used as collateral and close out the contract.

After about two months of consolidation, gold has touched the red evolvent from which it immediately rebounded: this confirms not only that the structure is perfectly aligned to a bullish view, but that the red evolvent represents exactly the support to be monitored.

Malaysian Prime Minister Mahathir Mohamad on Thursday proposed to create a new “special currency” for the region based on gold, replacing the existing currency trading regime.

A new theory is becoming increasingly successful in the United States, and it is starting to make people talk about it in Europe. Remember this name, you will hear it more and more: the Modern Monetary Theory (MMT).

Two more nations, Serbia and the Philippines, have boosted their national gold reserves. They follow a global trend of other central banks accumulating bullion in a move seen as a shift away from the US dollar standard.

The massive explosion of wealth in the world could be a sign of general prosperity but that is certainly very far from the truth. The printed money and credit expansion has only benefited a very small minority. The gap between the rich and the poor is getting ever wider but it will soon shrink dramatically.

Charts are suggesting that gold and silver are close to completing giant bottoming patterns that started to form (in the case of gold) as far back as 2013.

According to a ranking compiled by Les Echos, among the seventeen largest European banks, Deutsche Bank has the largest number of employees paid more than €1 million per year - exactly 643 - ahead of Barclays (542) and HSBC (399), despite being the largest bank in the EU by balance sheet.

My long standing target for gold of $10,000 in today’s money and much, much higher in inflationary terms, is now more probable than ever.

There are a number of critical factors that will soon lead to the crossing of the Gold Maginot Line at $1,350.

China, having itself announced its desire to see Keynes' BANCOR set up, knows that the solution to resolve the huge imbalance in Sino-American trade is to revalue the yuan and devalue the US dollar.

In the last few months, the gold/silver ratio has always remained in a range between 82-86, but the bearish wedge pattern makes possible a sudden fall in the ratio, which would favor silver in a surprising way.

In my last report, I signaled a technical structure with a rounded base and the weakness was still physiological but in perspective the second half would represent the ideal period for the breaking out of the resistance in the area $1350...

There has been a lot of publicity about central banks having bought substantial amounts of gold in 2018, in total 651 tonnes which is the highest in 50 years. In relation to this gold story about central banks, it is not that they bought gold which is the real news. The important point is who bought the gold.

The question is not a crazy one: GAFA are investing in banking services, as well as a lot of FinTechs.

The 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.