21
May
2015

Gold Bullion “Less Sexy” Than Bitcoin … For Now

- “There is a global financial bubble” – Stock markets and bond markets at all time record highs – Medium to long term, gold’s “fundamentals look very sound” Wilfred Frost of CNBC: Do you think markets are adequately pricing in the risks that are present around the world today, particularly in Europe and the gold […]

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20
May
2015

It’s Time to Hold More Cash and Buy Gold

- Bank of America advises owning gold – Markets in “Twilight Zone” transition period – Fed policy normalisation poses risks – Own gold and cash to protect against “cleansing drop in asset prices” – Data show markets disconnected from reality – Fragile system vulnerable to shock – Gold is hedge against systemic risks Gold is […]

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19
May
2015

Gold Ticks Higher In GBP – Property Crash Looms In London?

- London property falls most in nine months in May – Falls possibly due to pre-election fear of Labour housing policy – Surge in sterling dampens demand – Tory victory has led to surge of new sales – London market still overheated – Investors look for stores of value High end London property prices crashed […]

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18
May
2015

Eurozone Banks ‘As Vulnerable Today’ As Before 2008 Crisis – Bail-ins?

- Euro banks no more stable now than in run-up to 2008 crash – Banks in France, Spain and Italy are “highly vulnerable to failure” – Low quality bank equity not sufficient to withstand shock – Risk to system “enormously underestimated” – Investor deposits at risk of “bail-ins” New research shows that European banks are […]

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15
May
2015

Gold Bullion Buying In Germany Surges Due To Growing Risk

- Global gold demand marginally lower but robust – WGC – Gold investment demand surges 63% as jewellery demand falls – German gold demand spikes 20% in first quarter – France, Switzerland and Austria see “double digit” rise in demand – Fear of conflict with Russia, ‘Grexit’ and currency debasement – Indian gold demand rises […]

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14
May
2015

Global Debt Now $200 Trillion!

- McKinsey Institute says global debt is $199 trillion and unsustainable – Total global debt is $27,204 for every person living today – All major economies have “higher levels of borrowing relative to GDP” than in 2007 – 3 risk areas – rising Chinese debt, government and household debt – Debt report ignores U.S. unfunded […]

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13
May
2015

Silver Bullion Buying Outstripping Supply As JP Morgan ($JPM) Buys

- Silver one of most undervalued assets in world today – Fundamentals for silver market very strong – Total demand for silver outweighed supply by almost 22% last year – Industrial demand set to surge as solar energy projects are expanded – Artificially low prices have forced some mines out of business which may lead to […]

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12
May
2015

Hyperinflation in Art Investment Market as Picasso Sells for $179 Million

- Picasso’s “Les Femme d’Alger” sells for a record $179 million – Most expensive painting ever sold at auction – Hyperinflation in art market as painting appreciated nearly $150 million in 20 years … – Reports in February of the private sale of Gauguin’s “When Will You Marry” for $300 million – Art price volumes […]

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11
May
2015

“This Is A New World Order” – Greece Not Allowed Leave EU – Faber

- Greece will not be ejected from the EU – Faber on CNBC – Greek default will trigger massive losses for ECB and European banks – Highlights geo-political impetus to keep Greece within EU, NATO fold – Shows strategic geo-political importance of Greece in NATO’s Cold war with Russia – China and Russia’s ever-closer relationship […]

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09
May
2015

Ted Butler: The Biggest Silver Haul In History

As I’ve mentioned previously, JPMorgan is still stopping (taking) silver deliveries in its own house account. In the May COMEX futures contract, they’ve taken over three million ounces so far. It still looks like JPM will take another million ounces or so before the delivery period is over. This is in addition to the 7.5 […]

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