THE NIGHTMARE SCENARIO FOR THE WORLD

THE NIGHTMARE SCENARIO FOR THE WORLD

“Gold has no role in portfolio of wealthy clients” said the chief investment officer of Goldman Sachs’ private wealth management in the week that gold in US dollars went up by over $100 and made a new high of $1,984. Many found this statement puzzling as another...
All Roads Lead to Gold in a Credit Implosion

All Roads Lead to Gold in a Credit Implosion

Financial writer and precious metals expert Bill Holter says, “Gold is like a tractor in first gear pulling up a hill,” as it touches all-time highs once again.  Holter thinks the “gold tractor” is going to be shifting up a few gears in the not-so-distant future. ...
3,500% return from a safe ‘forever asset’

3,500% return from a safe ‘forever asset’

In the year 1649 after nearly a decade of painstaking work, the legendary Dutch artist Rembrandt van Rijn put the finishing touches on one of his masterpieces: Christ Healing the Sick. The piece is considered a technical and artistic marvel, proving without doubt...
Central Banks Buy Another 40 Tons Of Gold In May

Central Banks Buy Another 40 Tons Of Gold In May

Central banks added a net of 39.8 tons of gold in May, according to the latest data from the World Gold Council. May purchases maintained the pace we’ve seen through the first four months of the year and was slightly above the four-month average of 35 tons. So far in...