Market manipulation

Is the $32 billion collapse of the crypto exchange FTX the catalyst for the fall of the financial system? We will soon know, but at least the GOLD vs CRYPTO debate was settled last week for the ones who believed cryptos represent wealth preservation.

FTX bankruptcy reminds us how important it is to pay attention to one's intermediaries on the one hand, and to the security of one's assets on the other. In this context, gold stands out from cryptocurrencies and reminds us once again of the lack of comparability between both assets.

Egon von Greyerz and Matthew Piepenburg, exchange thoughts on the latest market and gold developments with Ronni Stoeferle. The discussion opens with a nod toward generational thinking, and hence generational wealth preservation.

Therefore today is not the time for greed, hoping that markets will grow to the sky. Instead, now is the time for wealth preservation and protecting what you have. Otherwise, wealth which has been acquired over several decades could easily evaporate in the next few years.

A common African gold currency is a way to effectively achieve monetary and thus economic independence. That being so, this article presents the nilar, a pan-African gold currency.

The current crisis clearly marks the borderline between two qualities of assets: those that offer a capacity to store energy and therefore protect against its volatility (precious metals) and those that impose, on the contrary, a dependence on fluctuating costs and threaten to transform a simple...

All sectors of the economy, individuals, companies, banks, local governments etc will be in need of financial support of a magnitude never before seen in history. But remember that what governments and central banks are doing will add ZERO intrinsic value to the economy. Instead they are creatin...

While the daily manipulations of the bullion banks allow a few participants to make substantial gains in the derivatives markets, the BRICs continue to get their hands on most of the available physical gold stocks, led by China.

Russia proposes a new international standard for trading in precious metals: the Moscow World Standard (MWS) which will become an alternative to the London Bullion Market Association (LBMA) which systematically manipulates precious metals markets to depress prices. According to Russia’s Finance M...

After a three-week trial and more than eight days of deliberations, Michael Nowak and Gregg Smith were found guilty Wednesday by a federal jury, convicted in Chicago on charges they manipulated precious-metal markets for years.