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Election ‘Chaos’ In UK Could Trigger ‘Lehman Moment’ For Pound





UK debt has continued to rise throughout the recovery and has soared to an eye-watering £1.48 trillion. In recent days, a slew of foreign exchange analysts have warned that the pound is vulnerable to falling in value. The incumbent government have not reined in public and trade deficits and have been accused of juicing the property market and the economy to postpone a crisis until after the election. 

 
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Middle East a Powder Keg as Saudi Bombing of Yemen Resumes





The Saudi bombing of Yemen is another flash point and will deepen tensions between the U.S., NATO allies and Russia and indeed China. Geopolitical risk remains high and the region remains a powder keg that is likely to explode as has already been seen in Syria and much of North Africa.

 
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China’s Stealth Gold Reserves To Quadruple as IMF Seek Answers





The People’s Bank of China may have tripled holdings of bullion since it last updated them in April 2009, to 3,510 metric tons. It is worth noting that the U.S. refuses to allow their gold reserves to be publicly audited and the Bundesbank is having difficulty repatriating much of its gold stored with the Federal Reserve. This has led many analysts to speculate that the U.S.’s gold reserves have been leased out or sold or are encumbered as part of an ongoing effort to manipulate gold prices.

 
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Currency Wars Back as Russia Buys One Million Ounces of Gold in March





Russian gold reserves, at nearly 40 million ounces, are now fifth largest in the world. Like China, Russia is likely to underreport its gold reserve accumulation. 

 
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Greek Debt Crisis Coming To Head - Contagion?





If and when Greece finally defaults it will be able to place the blame squarely at the feet of the European elites. If an agreement has not been reached by Friday when the Eurogroup of Finance Ministers meet in Riga it is quite likely that Greece will default.

 
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Gold In Dollars Has “Hallmarks Of Market That Bottoming”





Sentiment in general remains poor and all the focus is on gold's weakness in dollar terms, despite gold's strong gains in euro terms in 2014 and so far in 2015. Poor sentiment is of course bullish from a contrarian perspective and suggests all the froth has been washed out of the gold market.

 
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U.S. And Global Property Bubble Fears Mount





A “soft landing” is unlikely. 

 
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Martin Armstrong - Gold Bullion To “Max Out At $5,000 Per Ounce”





* Fall 2015 turning point - civil unrest and riots globally says forecaster Armstrong
* European banks will collapse and “blood in the streets”
Advocates diversification and holding bullion coins familiar to public such as $20 gold coins
* “Your portfolio has got to include everything … including bullion”

 
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Greece out of Funds by Month End – Default and Drachma Imminent?





Without the support of the ECB, the country’s banking system would be shut off from international markets and likely collapse.

 
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Safety Deposit Box Heist in London Reminder of Need for Insurance and Top Level Security





There appears to have been a shocking lapse in security surrounding the Easter weekend heist. The security lapse reflects badly both on the company and on the police. Holding tangible assets outside of the fragile banking system is a risky exercise, if the manner in which those assets are stored is not thoroughly secure and fully insured.

 
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Gold Surges 3.5% in Euro and 2.2% in Pounds This Week





The monetary gun is shot and the Fed is out of ammo with little options should we have a new recession or a new financial crisis - both of which seem increasingly likely.

 
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Bank Deposits No Longer Guaranteed By Austrian Government





Emergency legislation can be drawn up over-night. While Austria may be the first in enacting bail-in legislation there is no guarantee that savers, particularly in the peripheral nations, will receive any indication that their deposits may be at risk.

 
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U.S. Hegemony and Dollar Threatened By New Chinese Bank





The era of infrastructure investment and multilateral banks and financial institutions controlled, in large part, by Washington - often as an aggressive strategic policy tool - has come to an end. 

 
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'Chaos' If UK Leaves EU? - Blair Warns of BREXIT





‘BREXIT’ would cause the “most intense period of instability” since WW2 ... Seeks to portray Tory policy as disingenuous and cynically putting economy at risk ... Uncertainty caused would have negative consequences for British economy and sterling

 
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