Whereas some central banks have become more forthcoming on where they claim their official gold reserves are stored (see my recent blog post 'Central bank gold at the Bank of England'), many of the world's central banks remain secretive in ....
When both Europe and Japan slipped back into deflation despite trillions in central bank stimulus, it served notice that what developed market central planners are doing simply isn't working.
The available information on China's Strategic Petroleum Reserve is a mess.
In previous articles I summed up the immigration problems in Europe and the US as the direct result of an "unlimited demand for free services, free shelter, and free food".
If it feels like you're reliving the market jitters of the Great Recession and eurozone crisis, it's probably because you are.
Hedge funds trimmed bullish oil bets for the first time in six weeks, losing faith in a swift recovery as Russia boosted output to the highest since the Soviet Union collapsed.
As negotiators and ministers from the United States and 11 other Pacific Rim countries meet in Atlanta in an effort to finalise the details of the sweeping new Trans-Pacific Partnership, some sober analysis is warranted.
Evergrande Real Estate Group Ltd., the best-performing major property stock traded in Hong Kong this year, is also the most-shorted and lowest-rated among peers.
Another illustration of this profoundly important insight was shared with me this morning by Bruce Berlin. It involves one man's effort to make a chicken sandwich from scratch. To make this one sandwich took six months of this man's work and addi
The Chinese billionaire using his personal fortune to help fund a $50 billion Nicaraguan challenger to the Panama Canal has crashed into the bitter reality of equity markets in the world's second-largest economy.
U.S. employers cut back sharply on hiring in September and added fewer jobs in July and August than previously thought - a sour note for a labor market that had been steadily improving.
Australia's largest banks have ended all financial support and abruptly closed down the bank accounts of at least 17 Australian Bitcoin companies, including the Australian Digital Currency Commerce Association Chairman Ron Tucker's Australian bit
Central bankers who led the charge to pull the global economy from a cliff during the financial crisis now risk becoming bit players, ill-equipped to snap the world out of sluggish growth and its addiction to cheap credit.
KINGSTON, NY, 30 September 2015--The Summer of 2015 is one for the financial record books. Since the Shanghai Index began melting down in mid-June, equity markets have been battered, commodity prices plunged and currencies of resource-rich nations a
Anatoly Anisimov is still wistful about the cow barn he'd planned to build. With the latest Swedish milking machines, it would have cut his costs and boosted by 40 percent the size of the herd at the state-owned farm that he runs outside Moscow.
This is the 30th anniversary of my first attack on the World Bank in the national media. Reposted below are some of my attacks on the Bank from the Wall Street Journal and New York Times.
... Will Blow Retirement Funds On Junk Bonds
In August, Peter Schiff was a guest speaker at The Jackson Hole Summit, a gathering of free-market activists warning of the dangers of overreaching central banks and irresponsible monetary policies.
A lot of people out there expected something to happen in September that did not ultimately happen. There were all kinds of wild theories floating around, and many of them had no basis in reality whatsoever.
Have a lot of yuan in China? Beijing would like to keep it that way.
Back in July, long before anyone was looking at Glencore (or Asia's largest commodity trader, Noble Group which we also warned last month was due for a major crash, precisely as happened overnight) ....
The World's Largest Commodities Trading Company Is Toast
Danger ahead - that's the warning from Carl Icahn in a video coming tomorrow. The activist says low rates caused bubbles in art, real estate and high-yield bonds - with potentially dramatic consequences.
Iran will issue Islamic Treasury Bills, its version of short-term sovereign debt, for the first time on Monday in an attempt to provide a fresh fiscal stimulus for its cash-strapped economy, according to people involved in the move.
Nordic experimentation with sub-zero interest rates has changed the way central bankers think about fighting recessions
If men were angels, no government would be necessary. If angels were to govern men, neither external nor internal controls on government would be necessary. "If men were angels, no government would be necessary." - James Madison
Chinese industrial companies' profits declined the most in at least four years, the latest sign that the nation's old growth drivers are faltering.
Be Careful of What You Wish; Perfect Storm; Email from Brazil; More Intervention Madness
The central bank is facing a communications problem.