News Articles

Over the past two years, Russia has led the world in adding gold to her central bank reserves, ahead of the People’s Bank of China, the central bank that has added the second largest of amount of gold . . . .

The gold market might soon find 1.6 billion new buyers when the Islamic world makes a clarification to its Sharia law . . . .

Dubai : The bullion proved to be a lucrative asset class when it rallied substantially last month, reaching its highest level since the global recession in 2008, after the controversial Brexit vote. Although signs became apparent over the last few days that the rally started to ease, the yellow metal again moved higher on Friday when reports of a Turkish coup attempt broke out . . . .

Nations are over-indebted and facing a hard time controlling their deficits and public debt . . . .

With both stocks and US Treasury prices at all time highs the market is sensing that something has to give . . . .

The post-Brexit surge continues unabated . . . .

The era of modern day monetary omniscience is coming to an end . . . .

Brexit is the only story of the week. More has been written on Brexit than almost anything else since June 23, 2016 . . . .

Gold is currently trading in excess of $1300 an ounce. This is well above the 1980 all-time high. However, this is an incomplete representation of what gold is trading at relative to US dollars . . . .

Marc Faber, the widely followed editor of the Gloom, Boom & Doom Report, looks for the world economy to worsen and says every investor should own some gold as a result. “This is my preferred currency,” Faber said . . . .