Rates

Janet Yellen admitted that "cash in not a very convenient store of value"

“Financial repression” destroys the economy from within. When an over-indebted country is unable to reduce its deficit (or refuses to do it in order to continue financing its voting constituency) it exposes itself to market defiance and fleeing investors. In spite of that, in order to avoid this...

Finance Minister Arun Jaitley has announced schemes to curb gold imports and monetise large idle stocks of the precious metal.

The media silence should be noted regarding those bankruptcies in Austria, Germany, Andorra (always coming with the risk of contagion) and maybe Greece...

France, Germany and Italy have all agreed to follow Britain’s lead and join the Asian Infrastructure Investment Bank (AIIB)

The US divisions of Deutsche Bank, the Germany's biggest bank, failed a crucial stress test on Wednesday. Deutsche Bank is the bank with the most exposure to derivatives in the world...

No, the crisis is not over and, from now on, banks will be bailed out by shareholders, bond holders and savers, and it will all be legal. Be warned.

Interview with Guillermo Barba (Global Financial Intelligence): Gold and silver from a Mexican perspective

The billboard was from the Bank of China. It said: “RMB: New Choice; The World Currency”

Let’s follow Alan Greenspan’s advice and be certain that, once the – very abrupt – exit from the QE plans is realised