China Establishes World's Largest Physical Gold Fund
Russia and China are setting the stage for a gold-backed currency, in preparation for the day the Dollar reserve hegemony finally ends.
Read articleRussia and China are setting the stage for a gold-backed currency, in preparation for the day the Dollar reserve hegemony finally ends.
Read articleAustrian central bank plans to keep 50% of its gold reserves in Austria vs 17% now, Kronen-Zeitung reports, citing governor Ewald Nowotny’s unpublished new “gold strategy.”
Read articleChina could shock the world when it announces its gold reserves. Any amount above 8,000 tonnes will be a shock in the central bank community and the gold market. Why is China accumulating so much gold? Why is China encouraging its citizens so hard to buy gold?
Read articleBe it that we are now seeing a top in stocks & a low in gold then I postulate that the Dow/Gold ratio now has the potential to run down to new lows in a similar fashion to 1977-1980.
Read articleGold has been and still is a de facto currency of last resort. When everything else fails gold shines again. In addition, both China and Russia are preparing themselves for the possible collapse of the present monetary system by buying as much gold as possible.
Read articleMax Keiser interviews Egon von Greyerz about negative interest rates/wealth confiscation and the top three candidate bubbles.
Read articleEven though Switzerland is a very small country it plays a major role in the gold and foreign exchange markets and can create a shock with a very large impact that some call loosely a “black swan” event.
Read articleThe People's Bank of China may have tripled its gold stockpile since April 2009, when it last gave an official number, which Bloomberg Intelligence estimates to be 3,510 metric tons, second to United States 8,133.5 tons of gold.
Read articleWe conducted over 1.000 surveys in order to understand current perceptions and attitudes on investment gold in the US.
Read articleJP Morgan was fined $35,241,500,000 in a three-and-a-half year period. Nearly all of the penalties were tied to the financial crisis and the company’s promotion and use of mortgage-backed securities.
Read articleInterview with David Morgan (The Morgan Report - Silver-investor.com) on silver and its relation to gold
Read articleMax Keiser interviews Egon von Greyerz about capital controls in France, QE, gold and the economic and financial disasters wrought by central banks.
Read articleIndia’s official gold imports in 2014-15 stood at 900 tonnes — 36% higher than the previous year’s 665 tonnes, indicating households’ strong preference for the yellow metal as a savings option.
Read articleJanet Yellen admitted that "cash in not a very convenient store of value"
Read article“Financial repression” destroys the economy from within. When an over-indebted country is unable to reduce its deficit (or refuses to do it in order to continue financing its voting constituency) it exposes itself to market defiance and fleeing investors. In spite of that, in order to avoid this nig...
Read articleThe explored reserves of gold, diamonds and zinc will be enough for 20 years of extraction, according media reports citing a Goldman Sachs research.
Read articleChris Powell (GATA) explains why global central banks are intervening in the gold market.
Read articleFinance Minister Arun Jaitley has announced schemes to curb gold imports and monetise large idle stocks of the precious metal.
Read articleFrom 20th March 2015 the historic London Gold Fix will be discontinued and replaced by the LBMA Gold Price.
Read articleThe media silence should be noted regarding those bankruptcies in Austria, Germany, Andorra (always coming with the risk of contagion) and maybe Greece...
Read article