Banks


Silver: The Road Towards $31

Published by Cyrille Jubert | Oct 7, 2019 | 14037

Since 2011, it had been verified, month after month, that the bullion bank’s trading software for silver is based on the Fibonacci’s fan. Each time that one of this fan coming from the 2011’s high is broken by the price going upwards, silver cannot mount durably if there is not a pull-back on it, to...

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ECB: The Ongoing Headlong Rush

Published by Philippe Herlin | Sep 16, 2019 | 31546

Mario Draghi decided before handing off to Christine Lagarde on November 1: the QE will be relaunched! Quantitative easing, the sovereign debt buyback of eurozone countries, will restart at €20 billion per month, "for as long as necessary", he announced on September 12th at a press conference.

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King Solomon and 666 Gold

Published by Egon Von Greyerz | Sep 15, 2019 | 54966

666 talents of gold is 22 tonnes which today is worth over $1 billion. This was the amount of gold that King Solomon received in payments and gifts. Thus 666 is a very important figure in the bible for precious metals investors rather than the inference that some think about.

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ECB Cuts Its Deposit Rate, Launches New QE

Published by Goldbroker ™ | Sep 12, 2019 | 3562

The ECB said it would cut its key interest rate by 0.1 percentage point, to minus 0.5%, and buy €20 billion ($22 billion) a month of eurozone debt starting in November, relaunching a so-called quantitative easing program that it only phased out in December.

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