Publications

BlackRock's Gold ETF (IAU) has seen fund inflows every day in 2016 (no outflows at all) and with the stock trading above its NAV for most of the year, the world's largest asset manager has made a significant decision: *BLACKROCK SAYS ISSUANCE OF GOLD TRUST SHARES SUSPENDED *BLACKROCK SAYS SU...

One month ago, when looking at the latest Canadian official international reserves, we noticed something strange: Canada had sold nearly half of its gold reserves in one month. According to the February data, total Canadian gold reserves stood at 1.7 tonnes. That was just 0.1 per cent of the country...

Central Bank heads believe they are magicians who can wave their magic wand to create whatever economic conditions they desire. But the problem is that they are consistently wrong in their assessment of the economy so they don’t know what to do with the wand.

Deutsche Bank is bankrupt. China’s $30 trillion credit bubble will implode. Most banks will not survive. Banks stocks are down 20-50% this year and credit default swaps are surging in price. Hedge funds and speculators are losing fortunes on a surging yen. Short Yen was a guaranteed winner. But that...

The Big Short consists in acquiring physical gold and waiting, knowing this could be lucrative in the short term if stock markets keep on falling, or will be lucrative longer term if central banks keep on printing paper money.

Here are the key points raised in this interview with Nomi Prins: International codependency of countries  Have central banks reached their limit? Are central banks in panic mode? Too big to fail banks Gold and the potential ban of cash Gold vs the US dollar...

Both Iran and Saudi Arabia are to be watched closely as it concerns official gold reserves in 2016. Pressure has been mounting recently on Saudi Arabia to de-link the riyal from the US dollar and, if it happens, I am sure it will be positive for gold.

2016 is off to a very bad start for the stock markets worldwide: they have lost approximately 10% of their value since January 1st, one of the worst starts of a year in stock market history. Since their peak of last June, stock markets worldwide have declined by 20%, according to Bloomberg, which co...

The 40 million ounces of gold open interest and the record low 74 thousand ounces of registered gold imply that as of Monday's close there was a whopping 542 ounces in potential paper claims to every ounces of physical gold. Call it a 0.2% dilution factor

Gold's rise in foreign currencies since the year 2000 - by majors & by region

Hyperinflation has nothing to do with demand but is the effect of economic mismanagement leading to money printing and currency collapse.

  The 2008 financial crisis marks the return of gold into the international monetary system. It is also the beginning of currency wars. 2008 is also the year central banks stopped selling gold reserves and instead started buying. In this currency wars that will lead to a reset of the int...

Most investors had been hoping that the investment Shangri-La would continue for another year? Little do they realise that current values in no way reflects real values or risk. As we know, markets can remain irrational for a very long time.

So the reason for me to buy gold but also silver in 2016 remains the same as last year and that is as money in extremis.

Impressive moves up in the gold price in the major gold producing nations.

What will American banks do if their own existence is in jeopardy, due to major losses? Well, as a matter of fact, there is only one possibility left: draw from their clients’ accounts.