22 March 2023 By Neils Christensen, Kitco News: (Kitco News) – The gold market is again looking for a sustained push above $2,000 an ounce as investors look for safe-haven assets to shield themselves from the biggest global banking crisis since the 2008 Great Financial Crisis. In a recent interview with Kitco News, Willem Middelkoop, …
10 March 2023 By ZeroHedge, OilPrice.com: After charting the highest level of net gold purchases on record in 2022, central banks started out 2023 right where they left off. Central banks globally added another net 77 tons to their gold reserves in January, according to the latest data compiled by the World Gold Council. It was a 192% month-on-month …
10 March 2023 Rob McEwen, Executive Chairman of McEwen Mining, and Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, discus how the devaluation of fiat currencies could push gold to $5k per ounce by 2027, and another metal will gain by 1,000%. McEwen also discusses his copper mine’s deal with automaker Stellantis and multinational …
Silver Will Be 10X by 2027 as Gold Hits $5K: Rob McEwen Read More »
7 March 2023 By Angus Grigg, Ali Russell, Stephanie Zillman and Meghna Bali, abc.net.au: The historic Perth Mint is facing a potential $9 billion recall of gold bars after selling diluted or “doped” bullion to China and then covering it up, according to a leaked internal report. Key points: Four Corners has uncovered documents charting the …
Perth Mint sold diluted gold to China, got caught, and tried to cover it up Read More »
4 March 2023 By Jon Wolfenbarger, mises.org: Over one hundred years ago, Austrian economist Ludwig von Mises discovered what causes the boom-bust business cycle. As Mises explained, the boom is caused by central and commercial banks creating money out of thin air. This lowers interest rates, which encourages businesses to borrow this newly created money to …
3 March 2023 By Krishan Gopaul, gold.org: Central bank gold demand in 2023 picked up from where it left off in 2022. In January, central banks collectively added a net 31 tonnes (t) to global gold reserves (+16% m-o-m).1 This was also comfortably within the 20-60t range of reported purchases which has been in place over the …
14 February 2023 By Anna Golubova, kitco.com: Gold will increase in value while the U.S. dollar drops, said Paulson & Co. founder John A. Paulson. And that is the hedge fund manager’s outlook for this year, the next three years, and the next five years. “There has been a significant increase in demand from central …
18 Jan 2023 By Aitana Villegas, Diario AS: A group of experts have concluded that the current increased production rate will lead to the depletion of some finite resources, including gold. Just how scarce are our gold reserves? Well, a group of scientists have set a date for the disappearance of the rare metal, and that …
When will Earth run out of gold? Scientists predict a golden end date Read More »
18 Jan 2023 By MISH, Mish Talk Here’s yet another idea on how to break US dollar hegemony. Can this one fly? CoinTelegraph reports Iran and Russia Want to Issue a New Stablecoin Backed by Gold The Central Bank of Iran is reportedly cooperating with the Russian government to jointly issue a new cryptocurrency backed by …
Iran and Russia Want to Create a New Stablecoin Backed by Gold Read More »
22 August 2022 By Dean Arif, MY Bullion Trade Definition of Money Money is anything that is generally accepted as payment for goods and services and repayment of debts. The main uses of money are as a medium of exchange, a unit of account, and a store of value. Aristotle on good money Aristotle (384 …
