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POSTED ON November 14, 2018  - POSTED IN Key Gold Headlines

The silver-gold ratio hit the highest level in over a quarter century this week.

The ratio hit to 86:1 as dollar strength pulled both the price of silver and gold lower this week after the Federal Reserve indicated it plans to keep pushing interest rates higher. The price of silver fell even more steeply than the gold price. A research note by Commerzbank said it was that largest gap between the two metals in 25 years. Practically speaking, this means silver is undervalued compared to gold.

POSTED ON November 7, 2018  - POSTED IN Key Gold Headlines

The Russians have an alternative money transfer system up and running, and according to a report in RT, it has now surpassed SWIFT in popularity in that country. This is part of a broader effort by countries like Russia and China to limit their dependence on the US dollar and set up alternative financial channels outside of the global dollar system.

POSTED ON October 2, 2018  - POSTED IN Key Gold Headlines

You can add Poland to the list of countries buying gold.

The Polish central bank added about seven tons of gold to its reserves in July and another two tons in August, according to International Monetary fund data. It was the largest gold purchase by Poland since 1998.

POSTED ON October 1, 2018  - POSTED IN Key Gold Headlines

As we head into the month of October, it’s interesting to note that two of the worst stock market crashes in history during this month. Of course, we had the 1929 Wall Street crash that kicked off the Great Depression, and there was also the Black Monday stock market crash in 1987.

As Peter Schiff noted in his latest podcast, given that stock market valuations are higher today then they were at those prior peaks, you would think there would be more concern about the possibility of another October surprise. But there seems to be very little worry out there. Nevertheless, Peter raised an interesting question, could the twin deficits in trade and the federal budget portend another October crash?

POSTED ON September 13, 2018  - POSTED IN Key Gold Headlines

Investment guru Jim Rogers recently told RT that the dollar is just a few short years away from losing its global dominance.

In the next few years, the American dollar is going to lose its position as the world’s reserve currency and the world’s medium of exchange.”

POSTED ON September 12, 2018  - POSTED IN Key Gold Headlines

For the last 10 years, central banks have been on a gold-buying spree. At least some of them have.

On net, central banks globally added 193.3 tons of gold during the first half of 2018, according to World Gold Council data. That represents an 8% increase over 2017. The last time we saw this kind of central bank buying was in the 1950s, but as a report published by Forbes points out, the motivations are much different now than they were then.

POSTED ON September 11, 2018  - POSTED IN Videos

Countries like Russia, China and Iran have been looking for ways to limit their dependence on the US dollar for years. More recently, we’ve even seen American allies looking to de-dollarize the world. Last month, German foreign minister Heiko Maas called for the creation of a new payments system independent of the United States.

It’s gotten to the point people are beginning to discuss a “post-dollar” world.

RT’s Max Keiser recently talked about the issue of the US weaponizing its currency with the head of research for GoldMoney.com, Alasdair Macleod.

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