Problem, Reaction, Solution – How the Government Will Take Your Cash

Problem, Reaction, Solution – How the Government Will Take Your Cash

“Every revolution needs a good crisis in order to germinate its seed. The cashless revolution is no different.” ~Patrick Henningsen Depending on who you ask, the idea of a cashless society is either a utopia of modern convenience or an Orwellian nightmare, but recent international events coupled with stories about ATM cyber-hacks are fair signals that…

Russia Gold Buying in October is Biggest Monthly Allocation since 1998

Russia Gold Buying in October is Biggest Monthly Allocation since 1998

Russia gold buying accelerated in October with the Russian central bank buying a very large 48 metric tonnes or 1.3 million ounces of gold bullion. This is the largest addition of gold to the Russian monetary reserves since 1998 and could be seen as a parting ‘gift’ by Prime Minister Putin to his rival ex-President Obama….