Central banks

The U.S. Federal Reserve Policy Committee tried, but once again failed to act on its December 2015 forecast of four interest rate increases this year.

Several analysts in favour of gold are predicting a spike to come in the precious metal’s price. They base this prediction on several arguments

The national debt is now more than all of the world’s physical cash, gold, silver, and bitcoin combined. That is right. The U.S. national debt is that big.

The more things change, the more they stay the same. The financial world loves focusing on some future event that they think will change everything. There is always some economic data, an important meeting like G20, the Fed, the ECB or a speech by Yellen or some other central bank head who hasn’t...

The United States Bureau of Labor Statistics released its nonfarm payrolls data heading into the Labor Day weekend, and less than three weeks before the Federal Reserve meets to consider an interest rate hike.

This question might sound preposterous, but this movement is very real and growing in importance: central banks are progressively buying private assets with their unmatched firepower.

You need neither words nor a Ph. D. to see the evident distortion created by government manipulation of the currency.

The fate of the global economy was decided decades ago as deficits, debts and derivatives started their exponential growth and reached the time bomb phase that we are now in.

This long-standing monetary policy generates a massive and catastrophic perverse effect: banks are no longer profitable. In other words, this policy pushes them into bankruptcy. This is what no less than the IMF explains in a study from last August 10.

This coming autumn, we are likely to see the beginning of the hyperinflationary phase of the sovereign debt crisis.