Just like any good (or mediocre) telenovela, the plot twists at central banks globally aren’t only very predictable, they're also laughable, as the presidents and chairman of the respective banks try to ‘guide’ the market by using specific words.

Not only are the Turks buying more gold at a substantially more aggressive pace than the Russians adding 950,000 ounces of the yellow metal in just three months, the purchases are also much more meaningful when you look at the bigger picture.

A lot of eyes were on Janet Yellen’s testimony in front of the Senate Banking committee last week, as investors wanted to hear more clues about a potential change in the economic and monetary policy of the Federal Reserve.

Long story short: the demand for silver is there ‘to stay’, but will the supply side be able to keep up with the demand? Scrap supply seems to have peaked, while it won’t be easy to increase the mine supply.

Mario Draghi shocked the ECB audience saying ‘deflationary forces have been replaced by reflationary ones. This immediately resulted in the Euro gaining ground versus the US Dollar, reaching the highest level since June last year.

A major issue arising in Canada hasn’t received too much attention lately. Year after year, quarter after quarter, the level of the household debt is increasing both in absolute and relative numbers.