See what craziness just happened in the oil market along with whether the gold to oil ratio can tell us anything about what is going on in the global economy… Yesterday we saw an inverse oil shock. The nearest oil futures contract plunged down to $1 before actually going negative to -$37. The Australian Financial […]
Tag Archives: oil
02
Oct
Oct
In Part 2, Hugo Salinas Price gets into the specific calculation of how high gold will have to rise if indeed China do implement a oil futures contract that is convertible into physical gold…. Check out part 1 here first if you haven’t read that yet: Prospects for Gold if China Issues Oil Futures Backed by […]
02
Oct
Oct
Last month we commented on how China looks to be preparing to release a yuan-denominated oil futures contract that is convertible (backed by) physical gold. Our favourite, Billionaire Hugo Salinas Price, has taken a closer look at this plan – well as much as is known about it anyway. As a result he has arrived at […]
05
Sep
Sep
Some interesting news broke this week concerning the latest developments in the dethroning of the US dollar as in the world’s reserve currency system. Dave Kranzler of Investment Research Dynamics comments on the news from Nikkei Asian Review that China is preparing to release a yuan-denominated oil futures contract that is convertible (backed by) physical gold. […]
02
Aug
Aug
The Quarterly Incrementum Advisory Board discussions are always a good read. Ronni Stoeferle and his team at Wealth Management firm Incrementum AG provide plenty of insight into gold and the global economy and monetary system. The most recent notes are just out and here’s what each member of the board discussed: Luke Gromen: ► The […]
27
Feb
Feb
We’ve written many times how the “death of the US dollar won’t necessarily happen in the form of a collapse as most people think. It will more likely be a series of steps that reduces the Dollars role as the global reserve currency. But there is still the chance that one of these steps could be quite sudden. Read on to see […]
24
Jan
Jan
See why a Trump presidency has heightened the chances of the end current US petrodollar monetary system. Plus discover what the two most likely options are to replace the US dollar at the centre of the new system are… Trump and a New Gold-Backed Dollar By Nick Giambruno On August 15, 1971, President Nixon killed the […]