Forward Guidance : Another Aspect of Central Banks Going Off Course
« Forward Guidance » is the new « in » phrase with central banks. It is supposed to reassure the market a few years in advance so that it can « anticipate » properly.
Read article« Forward Guidance » is the new « in » phrase with central banks. It is supposed to reassure the market a few years in advance so that it can « anticipate » properly.
Read articleThe Bank of England refuses to explain what appears to be a huge discrepancy in its accounting of the gold it holds in custody, a difference of as much as 1,200 tonnes
Read articleGrant Williams provides an all-encompassing collection of the facts, explanations, charts, and data of the whats and whys of recent gold price action
Read articleThe situation is untenable in Japan and can only be contained in the States and the Eurozone if rates go just slightly up.
Read articleIt is absolutely imperative for investors not to worry about the short term irrational moves of markets and not to listen to government figures or central bankers who make political statements that bear no resemblance to their actions
Read articleThe gold is gone. It’s been hypothecated and rehypothecated. Not only do the Fed and the U.S. Treasury not own 8,000+ tons, they probably own nothing.
Read articleWhy couldn't Germany have the return of its own property for seven years? Think about this. And perhaps what is happening now will become more clear. It is all a part of the credibility trap, wherein past actions of officials must be hidden in order to protect careers and ensure the orderly funct...
Read articleWeirdly enough, the media didn’t dwell on this amazing issue, and the TV people didn’t even talk about it in their news bulletins. Of course, it’s about one of Europe’s most powerful man, Mario Draghi, head of the European central bank.
Read articleThere should be no doubt in anyone's mind that the fundamentals for world gold supply and demand have changed dramatically over the past ten years at least.
Read articleIn his 7 years as Chairman of the Fed Ben Bernanke has printed more money than during the whole history of the USA
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