UK’s Massive £5 Trillion Plus Real Debt Will Result In Currency Crisis (GoldCore Video)

Theresa May Quits As PM - Gold In British Pounds Reaches £1,015 Per Ounce

] While all the focus is on Brexit, the UK faces a debt and currency crisis UK has over $8T in external debt: 2nd largest debtor in the world after the U.S. True UK government debt exceeds £5 trillion as pension liabilities not in official numbers Total UK national nominal debt surged over £2 trillion; … Read more

Jim Rogers Video Interview: Buy Gold Coins and Silver Coins as Global Crisis Is Coming

Jim Rogers Video Interview: Buy Gold Coins and Silver Coins as Global Crisis Is Coming

] Watch Interview Here ◆ “Get knowledgeable and get prepared as this crisis is going to be the worst in my life time” ◆ “I own physical gold and silver coins … everyone should own them” ◆ “I own Chinese, Russian, American, Australian, Austrian silver coins” and “I own UK and other gold coins” ◆ … Read more

Dutch Central Bank: Gold Bars ‘Always Retain Their Value, Crisis Or No Crisis’

Dutch Central Bank: Gold Bars ‘Always Retain Their Value, Crisis Or No Crisis’

] ◆ “Gold is the perfect piggy bank – it’s the anchor of trust for the financial system” says the Central Bank of the Netherlands ◆ “If the system collapses, the gold stock can serve as a basis to build it up again” astutely and prudently observes the Dutch Central Bank ◆ The Dutch people … Read more

IMF Warning: ‘World’s Financial System Is More Stretched, Unstable and Dangerous Than It Was On the Eve of the Lehman Crisis’

IMF Warning: ‘World’s Financial System Is More Stretched, Unstable and Dangerous Than It Was On the Eve of the Lehman Crisis’

] Source: The Telegraph ◆ The International Monetary Fund (IMF) has again warned that the world’s financial system is more stretched, unstable and dangerous than it was on the eve of the Lehman crisis ◆ Quantitative easing, zero percent interest rates and massive financial repression has pushed investors – and in the case of pension … Read more

New York Fed Adds Another $97.9 Billion In Liquidity Yesterday – Concerns Grow of Year-End Financial Crisis

New York Fed Adds Another $97.9 Billion In Liquidity Yesterday - Concerns Grow of Year-End Financial Crisis

] 40% Of Fed’s Balance Sheet Reduction Wiped Out In Just 2 Months ◆ The New York Fed added $97.9 billion in temporary liquidity to the financial system yesterday. ◆ The Federal Reserve Bank of New York continues to pump massive liquidity amid very heavy demand by banks for year-end funding; the $97.9 billion involved … Read more

U.S. Bank Lending Crisis Is Not a “Temporary Hiccup” – BIS

U.S. Bank Lending Crisis Is Not a “Temporary Hiccup” – BIS

] Source: Bloomberg ◆ U.S. banks couldn’t quickly fund lending market when rates spiked & hedge funds ‘compounded the strains’ in vital part of finance – BIS report ◆ The Bank for International Settlements — the central bank of central banks says that the ongoing mayhem in the U.S. repo market which began in September … Read more

Gold Gains As Bank of England Slashes to Emergency Rate of 0.25% and ECB Warns Of 2008 Style “Great Financial Crisis”

Gold Gains As Bank of England Slashes to Emergency Rate of 0.25% and ECB Warns Of 2008 Style “Great Financial Crisis”

] ◆ Gold prices rose by 0.6% today as the Bank of England slashed rates in an emergency move to 0.25% and the ECB looks set to follow as it warned of a 2008 style crisis overnight. ◆ The Bank of England slashed its main interest rate to 0.25 percent this morning in a emergency … Read more

Pandemic, Economic Shutdowns, Debt Crisis and Gold At $5,000/oz

Pandemic, Economic Shutdowns, Debt Crisis and Gold At $5,000/oz

] ◆ GoldCore are delighted to publish the 14th edition of the annual “In Gold We Trust” report, “The Dawning of a Golden Decade” by by our friends Ronald-Peter Stoeferle & Mark J. Valek of Incrementum AG. Gold prices should rise to over $5,000/oz and may rise as high as $9,000/oz in the coming decade … Read more