15 Nov 2019 By Ed Drake, CoinGeek.com: Authorities in Germany have ordered the immediate closure of a high profile crypto firm supposedly backed by gold, in response to allegations it was running as a pyramid scheme. BaFin regulators ordered the Belize-registered Karatbit Foundation to cease and desist and settle any claims that remain outstanding. The shutdown comes […]
14 Nov 2019 from yahoo! news: (Bloomberg) — Serbia’s central bank bought nine tons of gold in October, raising its reserves of the precious metal on the advice of President Aleksandar Vucic. The biggest former Yugoslav republic is following Hungary and Poland, where officials boosted gold reserves in 2018 to create a bulwark against crisis.
Serbia Buys Nine Tons of Gold to Heed President’s Crisis Advice Read More »
26 Sep 2019 By Jeff Clark, Senior Analyst, GoldSilver: It happened with little fanfare, with virtually no reporting by the mainstream press. But this development signaled that one of the biggest gold-buying entities sees a growing need to own gold right now. Not only does it mean they will continue to buy, but their buying
16 Sep 2019 Jeff Clark & Mike Maloney, GoldSilver.com: I once asked my institutional investor friend, who used to work at Goldman Sachs and has been a gold owner for many years, what would make him buy more bullion. Without hesitation he said, “When the price breaks out.” Well, as is clear to the world, gold
What a Gold Shock Could Look Like: Institutional Investors Start Buying Read More »
4 Jun 2019 By Steve Hanke, Forbes.com: Last week in Tokyo, while addressing the 25th International Conference on the Future of Asia (Nikkei Conference), Malaysia’s Prime Minister, the venerable Mahathir Mohamad, went for gold. He brought the audience to attention by proposing an Asian currency linked to gold. Dr. Mahathir argued that such a currency would
3 June 2019 By Adam Garrie, EurasiaFuture: Dr. M goes for gold Veteran Malaysian Prime Minister Mahathir Mohamad has made a speech calling for all of east Asia to begin trading on the basis of a new currency based on a classical gold standard. While Mahathir did not suggest that this currency should be used
Mahathir Mohamad Makes Incredibly Important Speech Endorsing Gold Standard Read More »
4 Apr 2019 By Gary Christianson, Miles Franklin: How many times have you heard “You can’t eat gold” as a reason NOT to own gold? It is nonsense. 1) You can’t eat gold either during good times or after an economic collapse, but neither can you eat dollar bills, euros, bolivars or hundreds of other devaluing
How many times have you heard “You can’t eat gold” as a reason NOT to own gold? Read More »
22 Mar 2019 By Mike Maloney, GoldSilver.com: Gold will soon be classified as 0% RISK asset class by the banks!
21 Mar 2019 from DW.com: As the yellow metal hits peak production, experts feel we may have discovered all of the world’s major gold deposits. So what does it mean for the precious metal aficionados and investors? The murmurs that the world is running out of gold deposits have grown louder in the past two years.
3 Mar 2019 By Andra Timu and Irina Vilcu, Bloomberg: Romania may be set to join a wave of countries moving their gold home from vaults abroad after the nation’s de facto leader started a push to relocate 61 tons of the reserves, worth about $2.4 billion, from the U.K. Ruling-party chief Liviu Dragnea submitted
Romania may repatriate its gold stash from the Bank of England Read More »
