Emerging Markets Should Go for the Gold

Posted: 5th May 2016
Author: Willem Middelkoop

Kenneth Rogoff, Professor of Economics and Public Policy at Harvard University and former chief economist of the IMF (2001-2003) recently surprised investors with his call towards BRICS- countries (Emerging Markets) to buy huge quantities of gold. ‘There has never been a compelling reason for emerging markets to buy into the rich-country case for completely demonetizing gold. Read the full article…

Pimco: Revalue gold to at least $5,000

Posted: 5th May 2016
Author: Willem Middelkoop

On his blog for the Brookings Institution, former Federal Reserve chief Ben Bernanke has written a series titled “What tools does the Fed have left?” The entries that Bernanke has penned so far discuss three weapons — negative interest rates, targeting longer-term interest rates, and helicopter money — that the central bank can still wield to hit Read the full article…

More proof of The Big Reset thesis from China

Posted: 26th Apr 2016
Author: Willem Middelkoop

We just got more proof of our Big Reset thesis from China. A new article written by two Hong Kong professors, Andrew Sheng and Xiao Geng, promotes the idea that the SDR could be used to reflate the global system, by issuing trillions of new SDR’s. They openly state the need for ‘a new supplementary reserve currency’ and say it ‘can be achieved without Read the full article…

China wants more SDR’s: ‘monetary system is too reliant on the dollar’

Posted: 1st Apr 2016
Author: Willem Middelkoop

  China wants a ‘gradual increase in world-wide use of the IMF’s SDR’ and use both the U.S. dollar and the SDR’s to report the country’s reserves of foreign currencies.   China will also consider issuing bonds denominated in SDR, People’s Bank of China Governor Zhou Xiaochuan explained in a transcript published on the PBoC’s website, according to the WSJ. His Read the full article…