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Olduvai III: Catacylsm
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Dutch Central Bank Admits It Has Prepared for a New Gold Standard

Dutch Central Bank Admits It Has Prepared for a New Gold Standard In a recent interview the Dutch central bank (DNB) shares it has equalized its gold reserves, relative to GDP, to other countries in the eurozone and outside of Europe. This has been a political decision. If there is a financial crisis the gold price will […]

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The West Is Losing Control Over the Gold Price

The West Is Losing Control Over the Gold Price TABLE OF CONTENTS: IntroductionThe West is Losing its Gold Pricing PowerThe East on a Gold Buying SpreeConclusion An important change has unfolded in the global gold market. The East has been driving up the gold price, predominantly in late 2022 and the first months of 2023, […]

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Zoltan Pozsar, the Four Prices of Money, and the Coming Gold Bull Market

Zoltan Pozsar, the Four Prices of Money, and the Coming Gold Bull Market Over the past 100 years there has been a correlation between major equity bear markets, adjustments in one of the four “prices of money,” and gold bull markets. If we let history be our guide, the current equity bear market is signaling […]

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Hitting Zero: 700 Years of Declining Global Real Interest Rates

Hitting Zero: 700 Years of Declining Global Real Interest Rates Are negative interests here to stay? A recent study by Yale economist Paul Schmelzing suggests that global real interest rates “could soon enter permanently negative territory.” In Mesopotamia around the third millennium B.C. there were two types of money circulating: barley and silver. The interest rate on […]

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US Official Gold Reserves Auditor Caught Lying

US Official Gold Reserves Auditor Caught Lying More false statements by the auditor have appeared, further eroding its credibility. In my previous post, from March 2018, on the audits of US official gold reserves, I have exposed that during the audit procedures of the US official gold reserves from 1974 through 2008, repeatedly audit staff deviated from […]

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German Central Bank: Gold Is the Bedrock of Stability for the International Monetary System

German Central Bank: Gold Is the Bedrock of Stability for the International Monetary System European central banks are slowly preparing for plan B: gold. It was long believed in the gold space that Western central banks are against gold, but things have changed, for quite some years now. Instead of discouraging people from buying gold, […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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