I got some nasty massages and emails lately, namely personal attacks. I just want to remind that I'm not a registered investment advisor, broker or dealer. All content on this site is either quoted from other online sources (normally linked to the source) or it is my own analysis and thoughts. Either way I do not recommend that anyone will act upon my analysis.
If you want to trade / speculate in capital markets be sure to take the time and study.
Regarding IMF, BIS, any other official organization and its employees: I have respect for all of those as I do think that some kind of supervision on the system is required. If I ever insult anyone or anything, please forgive me, I bag your pardon. My intention in referring to official institutions is to educate or archive events that I see as remarkable.
If time allows I will keep this blog up to date with my occasional analysis and anything interesting for me and my readers that I might find elsewhere.
As for the price of gold, it might be the case that higher gold prices will be required to support the structure of the global monetary system and general capital markets. Timing however remains a mystery.