Gold

Venezuelans have just been experimenting one of the risks associated with paper money. Actually, they just lost 46% of their purchasing power in a single day

The correction in gold prices in December doesn’t seem to have scared China, since it imported a record amount of physical gold in that month.

The delivery requests from the COMEX for the month of February are reaching the astronomical amount of 43,26 tons of physical gold, or 1,391,000 ounces of gold to deliver.

So, how do you hold gold ? In a mutualized account ? Do you really have access to your gold ? Can you touch it ? Do you know the exact serial number of your ingots ?

A currency system must be based on an indisputable money base that doesn’t bear the mark of one country. There is only one standard that meets those criteria and that must be gold.

In Switzerland, four members of the Parliament started the « Swiss Gold Initiative » in March of 2012. This movement demands the repatriation of the gold held by the Swiss National Bank

Some investors are disappointed as gold only went up 7% in USD in 2012. After having compounded at over 19% p.a. over 11 years, gold certainly should be allowed to just gain 7% without some people calling an end to the bull market.

Egon von Greyerz told that Swiss gold refiners have been overwhelmed with orders for physical gold and buyers are now experiencing major delays in deliveries.

In this interview by Fabrice Drouin Ristori, Egon von Greyerz explains why it's important to own gold outside the banking system and why gold is not in a bubble.

Prices have dropped in the days following the QE4 announcement, and there is normally no more positive news for the precious metals than the announcement of massive money printing.