Italy Granted €150BN Bank Bailout Program To Prevent A Bank Run
According to an EU official, the liquidity support program includes up to €150 billion ($166 billion) in government guarantees.
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 articleAs is perhaps to be expected, Deutsche Bank are keen to underplay their ongoing problems, dismissing speculation that they are “another Lehman Brothers”. But is it right to deny such claims, and are the experts right on this matter?
Read articleMost people believe that the era we live in is totally normal. This is the case whether you live in a war-zone or in “Shangri-La”. It is the same with the economy. Everybody in the West today believes that stocks always go up and that property grows to the sky and that government bonds are the sa...
Read articleIf you want to know how a Brexit could affect the stock market and the Sterling, you just need to look at the polls. Every time new data is released and every time the pollsters record a swing in one direction or another, the markets react accordingly.
Read articleEven though the Registered silver inventories increased in March, they are currently at 15 year lows. Moreover, the number of Owners Per Ounce of Registered silver has never been higher.
Read articleThe surge in gold prices since the beginning of this year following three years of decline could gain further momentum if U.K. citizens vote in favor of the Brexit, which is looking increasingly more likely.
Read articleOne of the biggest bubbles that would clearly bring down the financial system is the bond market. Here we have a $100 trillion market which has grown exponentially in the last 25 years and which has virtually gone vertical since the 2006-9 crisis.
Read articleThe May jobs report brought bad news today as it was announced that far fewer jobs were added to the United States economy than expected.
Read articleSeveral months ago, as Venezuela's hyperinflating, imploding economy was spinning in freefall, leading to the dramatic episodes of total social collapse such as those profiled in "Scenes From The Venezuela Apocalypse: "Countless Wounded" After 5,000 Loot Supermarket Looking For Food", we wrote th...
Read articleGold is becoming more and more acceptable in the investment community and especially since interest rates have approached zero and in some countries even gone negative.
Read articleWhy Gold Is A Better Investment Than Apple
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