No more conspiracy theory, but the stark reality why the power elites need to preserve the fiat monetary system by demonetising gold –i.e. destroying the acceptance of gold as money.
The Minutes of a 1974 Meeting between Kissinger and his staff removes all the façade that hides the reality why Gold is so important – such as to prompt Kissinger to give the go-ahead to ‘des... read more
An Analysis of Gold Bull & Bear Markets From 1972 to 2013
Here are the historical Gold bull and Bear Markets Since 1972 through 2007.
“Since 1972 to 2007 there have been 14 bull and 13 bear market cycles (20% rises/declines preceded by a 20% decline/rise). The average bull market in Gold has lasted 434 days with gains of 94.89%. The average bear is a bit longer at 5... read more
While Chinese gold mine production has increased substantially over the past decade, there is a threat that they may indeed be running out of economic gold mineable reserves in the future. China has increased its gold production from less than 100 metric tonnes twenty years ago to a forecasted 430 mt (metric tons) in 2013.
The chart below from the article, read more
Beginning in 1999, we predicted a systemic economic collapse that would take place in the First World and would impact all other economies. We began to list some of the "dominoes" that would fall as the collapse evolved and described that the "Great Unravelling," as we termed it, would take roughly ten years. At that time, we guesstimated that the first two of the dominoes, a real estate crash... read more
Gold continued its second day of gains in London, narrowing the largest monthly drop since June, as physical demand increased. Gold neared a 34-month low of $1,180.50/oz reached on June 28.
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Gold and silver have a 6000 year history for their use as a currency, and until the last century, the price of gold and silver maintained a healthy valuation ratio of 1 ounce of gold to every 15 ounces of silver.
This purchasing power ratio is strengthened by the fact that there are 17 ounces of silver for every 1 ounce of gold in the earth's crust, although physical silver stocks have dwind... read more
Gold futures rose in New York amid signs of increased demand for bars, jewelry and coins inChina, the world’s second-biggest buyer.
China’s net imports from Hong Kong climbed to the second-highest level on record in October. On Nov. 25, futures touched a four-month low on speculation that the Federal Reserve will scale back monetary stimul... read more
The implicit, and ever more explicit, institutional acceptance of the dominant cryptocurrency Bitcoin (we say dominant because as we pointed out last week [6], there has been an unprecedented spike [7]of digital currencies one... read more
