31
Jul
2015

Protection From Cold and Hot Wars, Cyber and Currency Wars

We are living in an extremely uncertain world – perhaps the most uncertain in most of our lifetimes. In this rapidly changing and uncertain world – there are many new and emerging risks and we believe it is vital to stay informed. These include cyber and currency wars, terrorism, cold and indeed very hot wars […]

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31
Jul
2015

Greece Today, U.S. and Western World Tomorrow?

It is lunch time and you go to the ATM to get some cash out. There is an ‘out of order’ sign. Assuming that will be sorted out soon, you go to another ATM and are confronted with a similar sign. You hope for the best and again assume that this is a one off […]

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31
Jul
2015

Will Uncle Sam Confiscate Gold Again?

There are growing concerns internationally that in the event of another systemic crisis – a Eurozone debt crisis or another  Lehman Brothers collapse – there could be enforced bank closures or extended bank holidays as seen in Greece recently. In this scenario, deposit boxes and vaults in U.S. banks and financial institutions could be sealed […]

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31
Jul
2015

Perth Mint and U.S. Mint Cannot Meet Demand as Gold Bullion Demand Surges

- Perth Mint sees surge in demand and cannot keep up with demand – “Our biggest restriction is the amount of unrefined gold we’re getting in from producers” – Very high demand for Perth Mint coins, bars coming from Asia, U.S. and Europe – U.S. Mint sees highest sales of gold coins in over 2 […]

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30
Jul
2015

Threat Of Cyber War – “Other Reason To Own Physical Gold” – Rickards

- “Physical gold is a non-digital asset. You can’t attack it with cyberwarfare” – Rickards – Greek crisis was necessary step towards fiscal unity in Europe – “Euro creators want to force common fiscal control – Eurobonds” – Currency wars between U.S. and China may resume next year – Rickards emphasises importance of holding physical […]

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29
Jul
2015

Bail-Ins at “Bad Bank” Unconstitutional Says Austrian Court

- Austrian decision to renege on guarantees made to junior bondholders overturned – Court does not overrule bail-ins per se – Bail-in legislation still in place across Europe – EU deadline to implement bail-in legislation by end of this month – Depositors – savers and capital of SMEs exposed to bail-ins An attempt by Austria […]

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28
Jul
2015

Buy and “Own Krugerrands” Says Legendary Jim Grant

- “I own Krugerrands” says legendary Jim Grant – He is “very bullish indeed” on gold – Gold is “investment in financial and monetary disorder” – says Grant –  It thrives in current environment – “uncertainty, turbulence and disorder” – “One of the most radical periods of monetary experimentation in the annals of money” – […]

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27
Jul
2015

Gold Bullion “Extremely Rare” – All World’s Gold Fits In Average Four Bedroom House

- Gold is extremely rare and all gold ever mined would fit in giant bar the size of a four bedroom house – Gold is a tangible asset which always retains value – unlike paper assets – Growing Chinese, Indian and Asian middle class provide “fundamental pillar of support” to gold – Jewellery is not […]

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24
Jul
2015

Bail-Ins Of “Big Deposits” In Greece Would Be “Extraordinarily Counter-Productive”

- Bail-ins are a risk facing Greek savers and businesses – ‘The Economist’ warns bail-ins in Greece would be “extraordinarily counter-productive” – Capital controls choking small and medium size businesses – Greek liquidity crisis now a solvency crisis – ELA now provides more liquidity to the Greek banking sector than deposits do – Greece households […]

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23
Jul
2015

Gold Smash Leads to Surge in Demand For Coins, Bars Around World

- U.S. Mint sees highest monthly gold eagle sales in over two years – Indians take advantage of low price in a season not typically known for gold buying – Chinese investors, disillusioned with stock market, are buying gold in large volumes – Demand for coins from Perth Mint 37% higher in June and even […]

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