Home » Posts tagged 'gold' (Page 21)
Tag Archives: gold
Russia Plans To Beat US Sanctions By Stockpiling Gold
Russia Plans To Beat US Sanctions By Stockpiling Gold The Russian government is not taking the United States’ sanctions lightly. Instead, they plan to beat all sanctions imposed by Washington, including any future sanctions, by stockpiling gold. The Russian central bank’s First Deputy Governor Dmitry Tulin said that Moscow sees the acquisition of gold as a “100-percent […]
In Praise of a Genuine Gold (Not Gold-Backed) Bond
In Praise of a Genuine Gold (Not Gold-Backed) Bond Buffet dismissed gold because it pays no interest. But what if there was a genuine gold bond that paid interest in gold? Keith Weiner at Monetary Metals asks Who Would Invest in a Gold Bond? Berkshire Hathaway CEO Warren Buffet famously dismissed gold. “Gold has two […]
Gold Yuan Crypto
Gold Yuan Crypto George Caleb Bingham The verdict of the people 1854It’s been a while since we last heard from Dr. D, but here he’s back explaining why neither gold nor the yuan nor cryptocurrencies can or will replace the dollar as the reserve currency, but together they just might: Dr. D: “Some debts are […]
Sales of Physical Gold Explode as the Currency Wars Continue to Unfold
Sales of Physical Gold Explode as the Currency Wars Continue to Unfold Trade wars are erupting, scandals are unfolding and now the United States is entering into the much prophesied currency wars that many experts have predicted was coming for years. The United States and China, who continue to hold out against American tariffs, are […]
The Case For Gold Is Not About Price
The Case For Gold Is Not About Price Between the years 1971 and 2011, the price of gold went from $42.00 per ounce to $1900.00 per ounce – a forty-five-fold increase. This is depicted on the chart below… (Click to enlarge) Looking at the chart, it would appear that gold is in a long-term bull […]
Everyone is Hoarding Gold
Everyone is Hoarding Gold The tiny nation of Kyrgyzstan has big plans. Caught between its giant trading partners, China and Russia, Kyrgyzstan is stockpiling gold. It wants to increase gold from 16 percent to 50 percent as part of its international reserve. Tolkunbek Abdygulov of the Kyrgyz Central Bank has stated that any currency, whether […]
Another Billionaire Warns “We’re Running Out Of Gold”
Another Billionaire Warns “We’re Running Out Of Gold” A few months ago SovereignMan.com’s Simon Black published a note explaining that major gold discoveries are shrinking. Simply put, mining companies are no longer finding vast, new deposits of gold to replace their aging mines. I quoted Pierre Lassonde, the billionaire founder of gold royalty giant Franco-Nevada […]
Has The PBOC Taken Control of The Gold “Market”?
Has The PBOC Taken Control of The Gold “Market”? The evidence is mounting, and we invite you to consider the implications. First, a few items of background information. Perhaps these are unrelated, perhaps they are not. In 2013, a major Chinese conglomerate called Fosun International purchased One Chase Manhattan Plaza from JP Morgan: https://money.cnn.com/2013/10/18/news/china-jpmorg… Why […]
Congressman Alex Mooney’s Bill Defines the Dollar as a Unit of Gold
Congressman Alex Mooney’s Bill Defines the Dollar as a Unit of Gold This story came out in March, but I just now caught it. I salute Mooney for wording the legislation correctly. Please consider House Bill HR5404 Defines New Dollar Gold Standard. HR 5404 A bill to define the dollar as a fixed weight of […]
Why Gold Standard is Not Conducive of Boom-Bust Cycles?
WHY GOLD STANDARD IS NOT CONDUCIVE OF BOOM-BUST CYCLES? According to some commentators on the gold standard, an increase in the supply of gold generates similar distortions that money out of “thin air” does. Let us start with a barter economy. John the miner produces ten ounces of gold. The reason why he mines gold […]
U.S. Gold Exports to London Surge
U.S. GOLD EXPORTS TO LONDON SURGE As U.S. gold exports to Hong Kong and China fell 25% in the first four months of the year, London picked up the slack. According to the USGS, U.S. gold exports to London surged more than doubled from January to April, compared to the same period last year. Interestingly, […]
