July 8, 2017 I received an email from one of my readers on the July 4th holiday. He expressed dismay at the recent gold take-down that occurred at the end of June and on July 3rd. I am sure he is even more distressed, now, with the huge take down that happened on July 7th. He wondered how bankers can still have the power to pull off big reductions in gold prices whenever they choose? It is a q... read more
For the last nine years, central banks drove interest rates to nil and pumped money into the system creating favorable carries and abundant cash. These actions pushed up asset prices, drove nominal interest rates below nominal growth rates, pushed real interest rates on cash negative, and drove real bond yields down to near zero percent, which created beautiful deleveragings, brought about bala... read more
Ronald Stöferle, Jim Rickards and Mark Valek discuss gold and key topics of the new In Gold We Trust Report 2017.
Your Excellency, Ambassador Edward Malayan; Doctor Vladimir Shamakhov, Director of the Northwest Institute of Management of Russian Presidential Academy, members of the Honorable Diplomatic Corps here present, and esteemed audience: I am greatly privileged to be with all of your today, here in the Embassy of the Russian Federation in Mexico. My special thanks for His Excellency, Ambassado... read more
\  “Six months ago it seemed unlikely the world was headed for any sort of repeat of the 2008 financial crisis. But a few recent developments have me worried that the odds of such an odious rerun have risen. The aftermath, once again, would be a massive bull market in gold. And this time around it would be amplified, because the Chinese will be ready to move in with a new monetary system t... read more
The U.S. dollar recovered slightly on Friday, but posted its biggest quarterly decline against a basket of rival currencies in nearly seven years after hawkish signals from foreign central banks this week pressured the greenback further. Investors have ramped-up expectations for tighter monetary policy from the European Central Bank, Bank of England and Bank of Canada after hints from offic... read more
Jeff Deist of Mises joins Dr. Ron Paul of ronpaullibertyreport.com to discuss about his decades as a congressman fighting the Fed, his efforts to legalize the use of gold and silver as untaxed currency, and his involvement with sound money initiatives in states like Arizona and Wyoming.  The comforting news in the results from the Federal Reserve’s stress test is that the largest 34 US banks – n... read more