Nick Giambruno's Note: I recently spoke with my friend and colleague Chris Lowe about China's new alternative financial system--and how it could mortally wound the US dollar. It was such an important discussion that I had to pass it along.
Far below the Nevada desert, past ancient mine shafts and rock-strewn caverns, there could be a fortune waiting to be made by one small company.
A few days ago we first showed a chart of a dramatic divergence between the price of gold and bitcoin...
It's not quite the non-fiat singularity just yet:
The major gold-producing nations of Russia, China and other BRICS are taking things into their own hands. Soon the international gold price may no longer be set by derivatives trading in London which have little to do with the physical gold market
Russia Warns Washington: Confiscating Gold Reserves Would Be "Declaration Of Financial War"
old is a highly valuable asset. When your buy gold, It is critical to store your gold bars and gold coins in a location that is secure but at the same time accessible.
Right on time, a heavy volume seller struck the precious metals complex right as the US equity market opened...
"It seems that Russia's central bank still remembers and cringes from lessons learned along the tortuous financial road to recovery it has traveled." "Others seem to have forgotten their own similar histories, or simply are prepared to QE to infini
In recent years, there has been a major debate about the respective merits of gold versus Bitcoin, even though many, not all, gold bulls are also supporters of the latter.
The physical fundamentals are stronger than ever for gold.
If you are investing in either Bitcoin or Gold, it's important to understand which asset is behaving more like a bubble than the other.
A massive amount of hype is spreading regarding China's alleged ambitions to dethrone the dollar. The story this time involves China's plan is to price oil in yuan using a gold-backed futures contract. Even if that were true, the impact would be zero
Six years ago today, the West took it upon itself to use NATO to overthrow Libyan leader Muammar al-Gaddafi -- not for any humanitarian threat to civilians as had been repeatedly claimed -- but because his planned roll-out of a new currency to be u
Goldman Sachs has said that digital currencies are not the 'new gold' despite claims that it is considering launching a bitcoin trading operation.
Don't hold gold in a Swiss Bank or in any bank in any country. We regularly see examples both in medium sized and big Swiss banks that should make bank clients very concerned.
It was a faint signal, but it told of one of the most violent acts in the universe, and it would soon reveal secrets of the cosmos, including how gold was created.