Category Archive: 6a) Gold & Monetary Metals
Global Debt Bubble Understated By $13 Trillion Warn BIS
Global debt bubble may be understated by $13 trillion: BIS. ‘Central banks central bank’ warns enormous liabilities have accrued in FX swaps, currency swaps & ‘forwards’. Risk of new liquidity crunch and global debt crisis. “The debt remains obscured from view…” warn BIS.
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Scam cryptocurrency shut down by Swiss regulator
The Swiss financial regulator has closed down three companies linked to a fake cryptocurrency E-Coin amid fears that investors may have been conned out of millions of francs. The Swiss Financial Market Supervisory Authority (Finma) said the probe is one of 12 it is conducting into cryptocurrencies. Finma has seized or blocked CHF2 million ($2.07 million) linked to Quid Pro Quo Association, which issued the E-Coins, along with Digital Trading and...
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Bitcoin Price Falls 40percent In 3 Days Underling Gold’s Safe Haven Credentials
Bitcoin price action shows cryptos vulnerable to commentary and government policies. Bitcoin falls to low of $2,980, down by $1,000 in week as China flexes muscles. Volatility major issue: In 3 days btc fell 40% before bouncing 25% off lows. BIS state risks of cryptos cannot yet be fully assessed and says technology still unproven. Apple and Google developing a payment API for cryptos – may give governments full oversight. Bitcoin and cryptos...
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Gold Up, Markets Fatigued As War Talk Boils Over
North Korea threatens to reduce the U.S. to ‘ashes and darkness’. Markets becoming used to ongoing provocations from North Korea. Russia and China continue to support watered down versions of sanctions on Kim’s regime. Both NATO and Russia running war games on one another’s borders. Putin says Russia will “give a suitable response” to NATOs threatening behaviour.
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How to Tell if Gold is Real: 4 Easy Tests to Spot Fake Gold or Silver
(Learn 1 More Test to Avoid Fake Gold Here) .⇒ https://goo.gl/icuGMv
Buy REAL 1 Oz Krugerrand Coins here ⇒ https://www.moneymetals.com/south-african-krugerrand-gold-coin-one-ounce/20
See the Krugerrand Gold Coin here ⇒
Check gold prices here ⇒ https://www.moneymetals.com/precious-metals-charts/gold-price
Learn how to know if your gold or silver is fake!
Just about all bullion investors worry about counterfeits. Those concerns are magnified...
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Money Metals President Stefan Gleason Speaks about the Buying “Dos and Don’ts”
Read the full transcript here: https://goo.gl/qYPFB5
Listen to this fascinating and informative interview with Money Metals' president Stefan Gleason gave recently for the Sustainable Money podcast. Stefan shares some of the history behind sound money, when and where the wheels came off our monetary system, some disturbing developments in the war on cash movement and also goes through some dos and don’ts when it comes to purchasing gold and...
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How to Tell if Gold is Real: 4 Easy Tests to Spot Fake Gold or Silver
(Learn 1 More Test to Avoid Fake Gold Here) .⇒ https://goo.gl/icuGMv Buy REAL 1 Oz Krugerrand Coins here ⇒ https://www.moneymetals.com/south-african-krugerrand-gold-coin-one-ounce/20 See the Krugerrand Gold Coin here ⇒ https://www.youtube.com/watch?v=OmLQWTY25Vk Check gold prices here ⇒ https://www.moneymetals.com/precious-metals-charts/gold-price Learn how to know if your gold or silver is fake! Just about all bullion investors worry about...
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Oil Rich Venezuela Stops Accepting Dollars
President Maduro ” Venezuela will create a basket of currencies to free us from the dollar,”. Oil traders ordered to stop accepting U.S. dollar in exchange for crude oil. Order comes following calls from Russia and China to find alternatives to current reserve system. U.S. Dollar accounts for two-thirds of global trade. Venezuela has over ten-times more oil than United States. Super powers are gradually turning to gold to avoid using world’s main...
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Money Will be Taken Out From India to China: Marc Faber | CNBC TV18
Why will the money move from Indian markets to China? “Sentiments around China were very negative in the past six months to a year but that is now turning positive,” says Marc Faber. Equity markets across the world have performed very well as most markets in Asia have given a return of 20 to 25 … Continue...
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British People Suddenly Stopped Buying Cars
British people suddenly stopped buying cars. Massive debt including car loans, very low household savings. Brexit and decline in sterling and consumer confidence impacts. New cars being bought on PCP by people who could not normally afford them. UK car business has ‘exactly the same problems’ as the mortgage market 10 years ago, according to Morgan Stanley. Bank of England is investigating to make sure UK banks are not overly expose.
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Retail Isn’t Dead
Coach, Burlington Stores, PVH and L Brands can withstand the Amazon threat, says Dana Telsey, retail analyst and founder of Telsey Advisory Group.
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Trump’s Democrat Deal on Debt Ceiling Hits Dollar, Boosts Metals
As a massive storm bears down on Florida, concerns about political and financial storms emanating from Washington D.C. are helping drive precious metals markets higher.
This week Democrat leaders convinced President Donald Trump to kick the can down the road another three months on raising the debt ceiling. So, in December Congress will have to come up with another funding scheme that will undoubtedly punt again and add hundreds of billions of...
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Buy Gold for Long Term as “Fiat Money Is Doomed”
Buy gold for long term as fiat money is doomed warns Frisby. Gold’s “winning streak” will continue in long term. September is traditionally a good month for gold, as we head into the Indian wedding season. “It’s just a matter of time before gold comes good again…” by Dominic Frisby, Money Week. Today folks, by popular demand, we’re talking gold.. It’s had a nice summer run. What now?
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