Search Results for: silver

Soros and Paulson load up on gold

george soros

Legendary investors are aggressively building up positions in the precious metal. Gold exchange-traded funds have reached a record $145.1bn beating the gold reserves of every country except the United States and Germany. This year ETF (Gold exchange-traded funds) investors bought 247 tons of gold – more than the annual production of …

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8 signs the system is broken

Here are a few interesting tidbits to chew on: 1) In the land of the free, there are now more than 760 incarcerated inmates for every 100,000 citizens. This is more than 5x the 1980 average, and it far surpasses the number (560 per 100,000) that Stalin threw in the Gulag …

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Awesome Prom Dress Colors You Should Consider

Your appearance is something you cannot ignore, after all, the way you dress is the way you are addressed most of the times. Men look at the outward appearance and place you on a certain scale. It is the dream of every lady to be the center of the attention …

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Playing Politics with the Economy in the US

Dow Jones Industrial Average The Dow Jones Industrial Average is currently trending bearish after yet another series of dramatic developments in the White House. By Friday, 18 August 2017, the knives were out for White House chief strategist Steve Bannon. The former film producer and media tycoon from Norfolk Virginia …

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How to Survive Another Recession

Survive recession ahead

No one wants to think about another recession happening. But economic downturns are inevitable. Just recently, Britain and Europe went through the Brexit crisis. Britain’s decision to leave the European Union by a referendum sent financial markets into panic mode. The pound plunged, and has yet to fully recover. As …

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The top 5 gift ideas for boys

Gifts

Birthdays are one of the most special moments our of lives as it comes only once in a year, and a lot of friends and relatives go crazy for the occasion. If you are someone, who is worrying about a friend’s birthday, and you do not know what to gift, …

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China’s plan to dominate the global gold market

China dominate global gold market

Status as one of the world’s biggest bullion importers, participation in the gold fix at the London exchange and a plan to establish a jewelry gold investment center in Shanghai has turned China into one of the leading players in the global gold market in 2016. Gold entered the New …

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Brexit is just the beginning

Brexit EU

From Filip Karinja, for Birch Gold Group Last week, global equity markets were shook up, when $2 trillion was wiped out in a single trading day. That’s bigger than any daily loss during the 2008 global financial crisis, or on the infamous Black Monday stock market crash of 1987. The cause? A surprise …

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The end of the bull market in stocks?

Bull market stocks

From Filip Karinja, for Birch Gold Group The bull market in stocks has just entered its seventh year this week, the third longest run in history! The question is, can it run further or is it out of legs? With cheap money still entering markets and interest rates held under 1%, there …

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Canada has sold all of its gold

Empty gold vault

One month ago, when looking at the latest Canadian official international reserves, we noticed something strange: Canada had sold nearly half of its gold reserves in one month. According to the February data, total Canadian gold reserves stood at 1.7 tonnes. That was just 0.1 per cent of the country’s total …

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Currency wars: Venezuela devalues its currency by 46%

Venezuela Bolivar

While the rest of the developed world is scrambling here and there, politely prodding its central bankers to destroy their relative currencies, all the while naming said devaluation assorted names, “quantitative easing” being the most popular, here comes Venezuela and shows the banana republics of the developed world what lobbing …

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Smart TVs can spy on their owners

Samsung Smart TV

Viewers, beware: while you’re watching TV, your TV might be watching you back. A security firm discovered that Samsung’s Smart TV can give hackers access to the device’s built-in camera and microphones, allowing them to watch everything you do. The Malta-based firm ReVuln posted a video showing its team of …

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UBS set to blow cover on massive gold-rigging scandal

UBS gold

With countless settlements documenting the rigging of every single asset class, it was only a matter of time before the regulators – some 10 years behind the curve as usual – finally cracked down on gold manipulation as well, even though as we have shown in the past, central banks in …

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Swiss to investigate manipulation of currency markets

Currency market

Swiss regulators are investigating a number of financial firms over the potential manipulation of currency markets, where £3tn changes hands every day. The regulator said that multiple banks around the world could be drawn into the investigation, which will raise fresh questions about the integrity of the markets. The Swiss Financial Market Supervisory …

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Why Australia can’t avoid a recession

Steve Keen Australia recession

By Filip Karinja On the 28th July 2016, Professor of Economics at Kingston University, Steve Keen, gave a presentation on the outlook of the Australian economy at The Royal Society of Victoria located in Melbourne. The British-based economist and author of the popular Debunking Economics book considers himself to be …

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Why are the world’s wealthiest people buying gold?

George Soros gold elite world's wealthiest people

By Filip Karinja Seen as a wealth preservation asset during hard economic times and used as a monetary metal for thousands of years, gold is once again on the radar for the world’s elite. Gold is seen as a low risk safety asset and investors tend to shift their portfolio …

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Texas wants its gold back from the Federal Reserve

Texas flag gold

From Filip Karinja, for Birch Gold Group In the past few years, we’ve seen a groundswell of nations demanding their gold back from the New York Federal Reserve. Already, that list includes Germany, Austria, Netherlands, Belgium and Venezuela. Now another place is joining the list, but it isn’t a country: It’s …

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