Money




The House Of Cards Is Coming Down
Published by Egon Von Greyerz | Feb 12, 2016 | Articles

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...

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Iran, Saudi Arabia and Gold
Published by Dan Popescu | Feb 2, 2016 | Articles

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.

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Russia and Gold
Published by Dan Popescu | Jan 20, 2016 | Articles

  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...

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