ECB Stress Test Results Show Banks Struggling
Last Sunday, the European Central Bank announced its verdict on the stress tests it has been conducting for several months and, this time around, quite a few banks have failed them.
Read articleLast Sunday, the European Central Bank announced its verdict on the stress tests it has been conducting for several months and, this time around, quite a few banks have failed them.
Read articleAs you can see I didn’t ask if the U.S. government will confiscate gold, but if world governments will. The exorbitant debt is global and today is so big that the risk of gold confiscation is global, not just in the U.S.
Read articleThe Fed bankers must be really upset: They haven’t even started to raise their base rate and markets are already in panic mode with the expected end to QE 3, just like junkies being told they might have to go into detox. The truth is that economic recovery is so fragile that it can’t go without mone...
Read articleAn important agreement was signed on Saturday, October 11, between the large global banks “under pressure from regulators” and it relates to derivatives and, more specifically, the CDSs, or credit default swaps.
Read articleCentral banks have kept silent about this but it’s hard to believe that manipulating the foreign exchange market isn’t part of their policies; it’s probably also part of their new strategy.
Read articleAn unexpected precipitating event like a black swan event in this uncertain environment will push gold and silver up with a quantum leap with gold leading. The geopolitical and economic environment in the last few months was in my view the calm before the storm.
Read articleWall Street is about to be rocked by secretly recorded audio tapes that purport to show a too-cozy relationship between the New York Federal Reserve Bank and the financial institutions it is supposed to regulate.
Read articleAverage growth in Europe, Japan and the United States keeps slowing down when compared with previous decades: It is near zero in Europe and Japan, and 2% in the U.S.
Read articleDan Popescu exclusive interview with Gary Christenson about the gold prices in 3 waves, silver is inexpensive, the USA gold & the role of china in the market
Read articleCash reserves of corporations located in Europe, Africa and the Middle East (EMEA zone) are reaching record highs, totalling 936 billion euros. This is 40% more than in 2007, just before the crisis, and this is where the problem lies: businesses are making money, but they don’t know what to do with...
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