By Central Bank News The past week in monetary policy saw interest rate decisions announced by 14 central banks around the world. Those changing interest rates were: Australia -25bps to 4.25%, EU -25bps to 1.00%, and Serbia...
Read MoreBy Frank Holmes What do you get when you mix negative real interest rates with stimulative money supply efforts by global central banks? An exceptionally potent formula for higher gold prices that could send gold to the...
Read MoreBy Bruce Krasting I watched, and didn’t hear any smoking guns. That doesn’t mean there weren’t any. Keep in mind that Corzine has the best lawyer (for this) that money can buy. Andrew Levander has been advising...
Read MoreBy Prieur du Plessis In a recent research note, BCA Research argues that it is too soon to give up on gold shares – a sector that has underperformed gold bullion and liquidity plays over the past few years. The report...
Read MoreBy Charles Rotblut Outflows from domestic equity funds totaled $6.67 billion last week. This was the largest estimated amount of weekly withdrawals since August 10, 2011, according to the Investment Company Institute. Our...
Read MoreBy Central Bank News The People’s Bank of China announced that it plans to create an investment fund to manage $300 billion worth of foreign exchange reserves in more aggressive investments and largely internationally....
Read MoreBy Gregg Wolper It’s hard to avoid the daily updates on the crisis in Europe. The financial troubles once concentrated in Greece and Ireland have broadened in scope, raising deeper questions and prompting gloomy...
Read MoreBy Ellen Brown On November 27, Bloomberg News reported the results of its successful case to force the Federal Reserve to reveal the lending details of its 2008-09 bank bailout. Bloomberg reported that by March 2009, the Fed had...
Read MoreBy Michael Snyder How do you decide whether you are wealthy or not? Do you determine that by how much money you spend at the stores? Of course not. You can tell if you are wealthy or not by comparing your assets (the money in...
Read MoreBy Mike “Mish” Shedlock In “Unemployment Rate Dips to 8.6% as 487,000 Drop Out of Labor Force”, I presented some quick facts on the drop in the unemployment rate. In the last year, the civilian population...
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