Hi,
Late last week, a prominent bank in China, Jiangxi Bank, filed for bankruptcy and collapsed. As expected, this caused Chinese citizens with deposits at that bank to rush to their nearest branch in the hopes of pulling out as much of their wealth as possible. Of course, our reader’s here at Au Bullion are well…
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Category: Newsletter
Precious Metals Are True Stores of Value
Ever since Bitcoin’s (BTC) release date on January 9th, 2009, shortly after the Great Financial Crisis of 2008, there have been a plethora of theories that have been thrown around as people began to speculate on what exactly this digital form of currency would come to be. There were some that felt it was the…
China’s Missing Gold & Canadian Inflation
You may be reading in the news today that “against predicted expectations” Canadian inflation in May rose to 2.9% from 2.7% in April. What had been anticipated was a cooling of inflation down to 2.6% in May. I mean, of course, it was – that was the entire reason the Bank of Canada said they…
Death of Petrodollar, Rebirth of Gold
It has long been highlighted through our weekly newsletters that our current fiat based financial system that sees all world fiat currencies tied to the United States Dollar which acts as the world reserve currency is nearing its end. This being known more commonly as the Petrodollar System due to the United States Dollar being…
Another Gold All-Time High
Gold All-Time High Without going through everything that happened in 2023 in detail, we think one word that sums up this past year would be ‘TURBULENT’. Massive banking crashes spanning from the United States to Europe. Chinese property markets falling off a cliff. Record interest rate increases leading to a financially crippled citizen base around…
