German Gold Stays in New York in Rebuff to Euro Doubters
• bloomberg.comGermany has decided its gold is safe in American hands.
ON AIR NOW
Click to Play
Germany has decided its gold is safe in American hands.
With the Eurozone going to the extreme of negative interest rates and the IMF belatedly revising downwards their expectations of US economic growth, deflation is now the favored buzzword.
President Cristina Fernandez said on Friday her government would negotiate with all of Argentina's creditors in a bid to avoid a new debt default that would further weaken the country's ailing economy.
We already know that Wall Street manipulates everything (not conspiracy theory, but now open conspiracy fact), but Reuters' Jamie McGeever exposes the ugly chatroom realities....
Forget the 700-plus-page Piketty 'socialism for all' tome; here is economics that everyone can understand.
The head of Euro Pacific Capital and Euro Pacific Gold Fund (EPGFX) says the latest stimulus by the ECB, which resulted with a negative benchmark rate (-0.10%), is inflationary and bullish for gold.
With China's shadow banking system's collateral chain's collapsing amid government crackdowns on the ponzi, the 'desperate for liquidity' borrowers have increasingly turned to global capital markets' suckers to fund the next malinvestment.
Ukraine on a Prepayment Plan, And Didn't Prepay for Any Gas
A month ago, using the latest UK housing data from Rightmove, we asked a simple question: whose housing bubble is bigger:
Editor's Note: Do you see the signs? James Quinn of The Burning Platform does and he provides a highly detailed and insightful analysis in the article below.
Another conspiracy "theory" becomes conspiracy "fact" as The FT reports "a cluster of central banking investors has become major players on world equity markets."
Imagine being excluded from the financial services industry because of your passport.
Remember when conventional wisdom said central banks are apolitical and impartial, and anyone who claimed that the world's money printers (which in the New Normal of failed fiscal policy means the only source of stimulus, ....
At 906, the Baltic Dry Index slumped to 12-month lows showing absolutely no signs whatsoever of the Q2 renaissance in global growth that has been heralded by all the highly-paid meteoroconomists.
Carl Zwerner, an 87-year-old resident of Florida, is the latest poster child for the IRS vendetta against offshore investments.
A scandal surrounding metals-wear housing is rocking Asian markets.
The numbers that you are about to see are likely to shock you.
High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights.
Remember how small Greece was and how it wasn't relevant to US stocks...
Back in April 2013, when looking at the dynamics of global treasury supply and demand (and just before the TBAC started complaining loudly about a wholesale shortage of quality collateral), we made the simple observation that between the (pre-taperin
As more and more information about the state of global affairs becomes available one can't help but realize that life as we have come to know it is going to change dramatically in the very near future.
Global equity markets edged higher on Monday, boosting a gauge of world stock performance to near an all-time high, as low interest rates bolstered sentiment even as U.S. Treasury yields rose.
Head of the International Monetary Fund, Christine Lagarde, accepts her organisation's low growth forecasts for the UK economy were wrong
While we have warned about the problem with near-infinitely rehypothecated physical/funding commodities/metals, be they gold or copper, many times in the past, and most recently here, it was only this week that China finally admitted it has a major p
Even investors who typically eschew precious metals have been hard-pressed to ignore the platinum industry this year.
After five years of captivity in Afghanistan, has Sergeant Bowe Bergdahl been released only to spend the rest of his life in an American prison? Ron Paul wonders what it would be like if we had non-interventionist foreign policy. We haven't had a C
The deformations in the global economy arising from the central bank fueled credit deluge of the last two decades become more visible and foreboding by the day.
Two weeks ago we asked, rhetorically, "Whose Housing Bubble Is Bigger?" and showed the April home price increases in the UK and China:
Here is the press release from the ECB on its historic, unprecedented and experimental negative deposit rates.
The European Central Bank (ECB) has lowered its benchmark interest rate to 0.15% from 0.25% in an effort to stimulate economic growth and avoid deflation in the eurozone.