It’s important to remember that gold and silver trade against the price of the U.S. dollar, the dollar is the counter-balance to gold and silver. When the $U.S. strengthens we usually see pressure on gold and silver prices and when the $U.S. weakens, gold and silver usually rally.
TRADING RANGES FOR GOLD, SILVER & the U.S. DOLLAR Read More »
Europe’s fourth-largest economy, Italy, is heading towards a major banking crisis. According to the Financial Times, the amount of gross non-performing loans held by the Italian Banks increased by 85% to 360 billion euro in the 5 years preceding 2015.
Banking Crisis in Italy Read More »
http://www.marketwatch.com/story/biggest-banks-are-still-too-big-to-fail-feds-kashkari-2016-02-16?siteid=nwtam
Biggest Banks are still too big to fail. Read More »
http://www.reuters.com/article/us-asia-aiib-investment-idUSKCN0UU03Y
China Launches new Development Bank as power balance shifts Read More »
http://indianexpress.com/article/business/business-others/iran-india-to-settle-outstanding-crude-oil-dues-in-rupees/
Ditching the Dollar Read More »
http://www.thelocal.no/20160122/norways-largest-bank-calls-for-complete-end-to-cash
Norway’s Largest Bank calls for complete end to cash Read More »
China is on the move. it has currency swap agreements with a lot of major trading partners. It has opened up its internal markets to the outside world and together with a stable currency, its bond market is maturing, its exchanges are maturing, its investment banks are expanding globally (silk road, deals all over South
Investing in China. Read More »
This piece was originally written in March 2013 but is even more relevant now as we enter into uncertain times in 2020. “If I have seen further it, it is by standing on the shoulders of Giants.” Isaac Newton “Truth, like gold, is to be obtained not by its growth, but by washing away from
The further back you look, the further forward you can see Read More »