Euro Banks Don’t Fail Stress Test; Don’t Pass Either
Investor worries remain about the profitability of the European bank sector after the release of the 3rd “stress test” of lenders from across the EU.
Read articleInvestor worries remain about the profitability of the European bank sector after the release of the 3rd “stress test” of lenders from across the EU.
Read articleHow close is the price of silver related to gold? In other words, how big is the correlation between gold and silver? And should there be one?
Read articleCentral banks have led the world on a course that could only have one result. And sadly, I believe that we are now very near the beginning of a disaster that will have a bigger impact on mankind than any war, disease or depression that the world has ever experienced.
Read articleThe two-day meeting of the U.S. Federal Reserve Policy Committee left the nation’s benchmark interest rate as-is but without the unanimity displayed in June.
Read articleThe theoretical arguments for central bank gold price management are based on the connection of gold with fiat currency. Gold reserves are designed to build confidence in fiat currency. This confidence would be jeopardized if the price of gold increased by too much, which is the theoretical basis...
Read articleInvestors globally have never faced risk of the magnitude that the we are now exposed to. But sadly very few are aware of the unprecedented risks the world is facing.
Read articlehttp://www.gata.org/files/MylchreestReport-07-25-2016.pdf Another writer who doesn't understand that in the COTs the Commercials are net short as a consequence that the Speculators are net long. There are too many writers who blame the Commercials without the understanding of how these...
Read articleI was very pleased to welcome Jim Rickards to Zurich very recently. In this important 16 minutes video, recorded in a Swiss vault, Jim and I cover many vital factors that investors must be aware of to protect themselves against the major risks in the financial system. Among the topics covered a...
Read articleIt is no surprise that both commercial and central banks hate gold. Because gold reveals the total mismanagement of the economy and the deceitful actions that the bankers take.
Read articleThe important silver threshold line was broken briefly last week and continues to bump up against it in early trading today. If the silver price closes above this threshold line by a significant margin, it could mean big trouble for the bullion banks who hold record silver short contracts.
Read articleThe banksters, by manipulating the price of gold and artificially creating a bear market, have created what will likely turn out to be one of the greatest opportunities ever seen.
Read articleThere is now a very high likelihood that a major secular decline in the world economy will now start to unravel. The next few weeks and months are likely to be a lot worse than the 2007-9 crisis.
Read articleSince its peak at $51.33 in April 2011, silver has languished in the doldrums, dropping to $13.76 just before last Christmas. Friday’s close of $19.77 going into the 2016 Fourth of July long weekend is its highest level since September 2014
Read articleGold at $1,300 and silver at $18 is a bargain. But the metals will not stay at these low levels for very long.
Read articleAccording to an EU official, the liquidity support program includes up to €150 billion ($166 billion) in government guarantees.
Read articleLittle more than a year after publicly stating that he did not condone a return to the gold standard, Greenspan does now. “If we went back on the gold standard … as it existed prior to 1913, we’d be fine."
Read articleWith this political and economic uncertainty holding sway for the undefinable future, investors will undoubtedly be seeking safe havens for their wealth.
Read articleGold through thousands of years of testing has become the standard. It is the standard against which every currency is tested and compared; even crypto-currencies can’t stop being compared to gold.
Read articleMarket observers are totally ignoring the real figures and the long term trends and are instead focusing on what the Fed will do.
Read articleThere were very few surprises today as the two-day Fed meeting came to a close. There was a refusal to raise the interest rate from 0.5%, while economic expectations were lowered for both 2017 and 2018. There were also hints that the current interest rate may hold for longer than previously...
Read article