Articles

Few people realise the coming bargains in all asset markets within the next five years or so. Stocks, bonds and property will be fractions of current prices.

No change to China's gold reserves for November

The result of the constitutional referendum in Italy held last Sunday, December 4th, is undisputable, 60% voting “no”, and there was a large participation.

Gold is acceptable for the first time as an investment in Islamic finance after the group that sets standards for the industry adopted Shariah-compliant rules for trading the metal. The rules approved Nov. 19 allow gold to be used in the $1.88 trillion Islamic finance business, the Accounting and...

Deutsche Bank AG has agreed to pay $60 million to settle private U.S. antitrust litigation by traders and other investors who accused the German bank of conspiring to manipulate gold prices at their expense. The preliminary settlement was filed on Friday with the U.S. District Court in Manhattan,...

Nothing could have reinforced the lack of confidence in the banking system more and persuaded the ‘black’ financial system to remain than the chaos in which the removal of the 500 and 1000 rupee notes was done. It confirms gold as the foundation of the ‘black money’ system in India, hidden from offi...

Very few people realise the enormous wealth transfer that will take place in the next 5 years. Most will lose 75-90% of their wealth and some 100%. What is interesting is that investors needn’t lose most of their money if they took a few measures to protect their fortune.

Allison suggested that the government's practice of insuring bank deposits up to $250,000 should be abolished and the US should go back to a banking system backed by "a market standard such as gold

As reported yesterday, India's unexpected crackdown on "black money" which saw the elimination of the old high denomination bills, is not going well, not only because former PM Manmohan Singh slammed the idea warning it would cut as much as 2% from the GDP of the world's fastest growing economy, but...

During the election campaign, Donald Trump accused the Fed of playing the Democrats’ game by keeping rates low and creating a “horrible financial bubble”.

US President Elections vs NBER Recessions vs Gold/Silver/DJIA

There is a total misunderstanding of the role of gold and why it is so critical to own physical gold. Gold should not be bought or sold based on rumours or events. In connection with the US election, gold moved for totally the wrong reasons.

There will likely be a "Sharia Gold Standard" in place by the end of the year. This will clarify and streamline gold-investing rules for Islamic finance. As a result, gold could soon become a viable investment option for the Muslim world's 100 million active investors.

Russia adds 1.3 million ounces of gold to it's reserves in October.  

Fed Chief Admits Incoming Administration Causes Uncertainty Federal Reserve Chair Janet Yellen told the Congressional Joint Economic Committee yesterday that stable unemployment, average job gains and an inflation rate nearing 2% could mean an imminent interest rate hike, despite uncertainty surr...

Silver and gold should be far more successful than investments in unpayable debt, paper currencies, and levitated stock and bond markets.

Trade body Indian Bullion & Jewellers Association (IBJA) has created a flutter among some of its 2500 members by informing them through a text message that the government might ban imports of gold into the country until the end of the current fiscal year (FY17) and advance the last date of depos...

India's government increased the limit on cash withdrawals from bank accounts on Sunday to calm public anger as millions of people clamored for new rupee bills after a shock abolishment of large denomination notes. Large crowds were again gathered at banks across the country trying to change...

Trading volume on Wednesday was 861,275 contracts - the highest in CME Gold history.      

Over 85,000 gold futures contracts (over $10 billion) just traded as gold plunged from $1260 to $1230 as US equity markets opened