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We have now reached a stage when the explosion in money supply will have a major influence on the real economy. The inevitable consequences of the totally irresponsible mismanagement of the economy that I have been forecasting for quite some time are now starting to take effect.

U.S. prosecutors on Monday announced that they had settled charges against three European banking giants, HSBC, UBS and Deutsche Bank, for manipulating the markets for precious metals, including gold and silver, and filed charges against eight people, including some of their former traders.

The key message of this update is that gold is getting closer and closer to breaking out of a giant Head-and-Shoulders base pattern that started to form back in the middle of 2013 and to point out that it won’t be stopped from doing so by any minor short-term reaction.

Clearly Europe is fragile – this is where one has to look for risks of price slips, sudden interest rates hikes, overblown balance sheets...

The world is now between Scylla and Charybdis or between two evils. Thus, there is no solution or positive outcome of the present state of the world economy. Scylla is the rock or the six headed monster whilst Charybdis is a whirlpool or a black hole (a hard place).

Gold and silver had a sharp run-up in the last two weeks of 2017. However, the abrupt move in gold was accompanied by a rapid rise in the gold futures open interest on the COMEX. The “commercial” – aka “the banks” – net short position in COMEX gold futures has increased by 100,000 contracts (from 12...

Welcome to 2018 – a year that will be the culmination of at least 105 years of mismanagement of the Western financial system by governments, central bankers and the elite.

Gold’s outperformed most major assets since the U.S Federal Reserve last month raised interest rates -- even bitcoin.

The combination of fundamental, technical and geopolitical factors is converging in 2018 in a way we have not seen since the late 1970s. The new bull market in gold will be even more powerful than the 1971–1980 bull market and the 1999–2011 bull market.

Many investors in gold say the price of the precious metal is artificially curbed because of the paper gold trading on Western exchanges.

In this list you will find the many time-tested reasons (along with several new ones) why 2018 is the time to add gold bullion, or add more of it, to your holdings.

Monetary tapering from the Fed and the ECB, blaringly announced in the media, are thus without any effect; they will not help in emerging from the lethargy of zero or negative rates.

Is this Rothschilds led prediction from 30 years ago for a new world currency about to rock global markets in 2018?

Gary Savage looks at the cycle structure of the precious metals market.

The French like to denounce American capitalism and mock its excesses and instability, especially in the financial sector. Nevertheless, when one looks at the data from the large banks on both sides of the Atlantic, it becomes clear that the most risk is actually with France.

As predicted by virtually everybody, even itself, the United States Federal Reserve lifted its benchmark interest rate by 0.25 to a maximum 1.5% at its December meeting.