Greenspan has exhibited a keen understanding of the gold in the past. Now that his career at the Fed has ended, ‘the Old Greenspan — the one who defends free markets — has returned.’ In a recent interview with Gold Investor magazine. Greenspan made some interesting remarks on the historical gold standard: I view gold as the primary global currency. Read the full article…

The IMF published this press release October 31, 2016; The IMF has invited a group of experts to discuss the role of the SDR. The group will assess whether and how a broader role for the SDR could contribute to the smooth functioning of the international monetary system The International Monetary Fund (IMF) started discussions on the Read the full article…

After seven years of Chinese pressure, a plan allowing investors to exchange their U.S. Treasury holdings for SDRs through a ‘substitution fund’ is being discussed   The Big Reset (2013) fully explains the need for a major reform of the world’s financial system. Now, a new anchor for world’s monetary system needs to be found. Read the full article…

Since the publication of his book the End of Alchemy we knew the former Bank of England president Mervyn King does not longer believe in current monetary policies of creating money out of thin air. But in a recent interview for a publication of the World Gold Council he goes even further. Under the title ‘Misguided policies and economic risk’ Read the full article…

We just received some incredible honest statements from Solita Marcelli, global head of fixed income, currencies and commodities at JPMorgan Private Bank (open only to wealthy investors with at least $5 million of investable assets). She told CNBC this week that the bank’s analysts are expecting to see gold prices go higher for the rest of Read the full article…