Category: Quantitative easing

Why does Austria wish to repatriate its gold ?

Why does Austria wish to repatriate its gold ?

Many central banks around the world are aware the international monetary system is moving away from the US dollar and that the role of gold will (officially) be much greater in the future. In this development central banks benefit from a smooth and slow transition to a new system, as sudden shocks will bring the global economy […]

Buy silver before it’s too late !

Buy silver before it’s too late !

We would like to share with you an article written by Jeffry Lewis The ongoing plight of the long term value investor continues – seemingly without end. However, decades of exuberance and greed have colluded. The financial establishment has created an accident waiting to happen. The mainstream has not “priced in” risk, which makes it […]

Gold price goes for $1,300

Gold price goes for $1,300

Gold on Tuesday made a dash for the crucial $1,300 an ounce level as investors seek a safe haven from turmoil on financial markets rocked by the confidence-shaking move by the Swiss central bank last week. In heavy trade of more than 20m ounces by noon in New York, gold for delivery in February – the most active […]

Dollar up, gold down; why?

Dollar up, gold down; why?

The U.S. Dollar Index closed last Friday at 84.25. For the ninth consecutive week, the Dollar Index has finished higher than the quote from the end of the previous week. This is the longest string of consecutive weekly increases since the first quarter of 1997. The U.S. dollar reached its highest level in six years […]

Physically Backed Diamond Investment Site Picking Up Steam In Europe, Eyeing U.S. Market

Physically Backed Diamond Investment Site Picking Up Steam In Europe, Eyeing U.S. Market

(Correction: Two 26-carat batches in circulation, not two 2-carat batches as previously stated) By Alex Létourneau Kitco NewsTuesday August 12, 2014 11:50 AM (Kitco News) – After finding a way to turn diamonds into an affordable investment option, InvestDiamond.com has seen a growing interest in Europe as the company looks to expand to North America. Using […]