Financial crisis

If I’m talking about Caracas, it’s to draw a parallel with Wall Street. In Venezuela, the stock market goes up because the currency devalues... The same is true in New York.

Ronald Stöferle and Egon von Greyerz, discuss at the Precious Metals Summit in Munich, Germany, the massive risks of the world’s financial system. The two precious metal experts, share their view about how to deal with the profound downside threats and its implications for the global economy.

2020 seems to be the very early beginnings of the worst global depression that the world has ever experienced. It will be devastating for everybody. We can all prepare financially by holding some physical gold and silver which is the best insurance anyone can buy against what is coming.

Since January 1, 2019, gold has recorded a 21.7% return in euros, 16.4% in dollars and an average of 17.8% in the various currencies considered. Since 2001, this represents an average annual performance of 9.6% in euros, 10.4% in dollars and 10% on average. Is the "barbaric relic" sending us a signa...

The end of the year should see silver prices rise sharply. One thing is certain, 2020 and 2021 will mark a major turning point in the History of money. Hang on to your precious metals. They are your security in the mess ahead.

Charts laying out my views for the gold price in 2020 and beyond.

When stock markets fall, precious metals will continue their secular bull market which initially started in 1971 with the last leg starting in 2000. Anyone doubting that we are in a bull market needs to look at the annual charts of gold in US dollars and Euros.

Mongolia's central bank announced on Tuesday that it has bought a total of 14.4 tons of gold from legal entities and individuals in the first 11 months of this year.

If gold reaches $12,000 by say 2025, Viktor’s wealth will during a 55 year investment period have gone from $10,000 to $1 billion which is a return of 10 million percent. Quite remarkable for just taking 6 investment decisions during his 50 year life as an adult.

Slovakia’s former premier said parliament should force the central bank to bring back the nation’s gold stored in the U.K. as history has shown that allies “can hardly” be trusted.