Search Results for: bank of england

Banks plan escape to London if Scots choose independence

Royal Bank of Scotland

Partly-nationalized British banks Lloyds and Royal Bank of Scotland (RBS) both say they would relocate their headquarters to London if Scots vote for independence on September 18. Recent polls indicating pro-union and independence camps are neck and neck have rocked British financial markets and pushed the pound to its lowest …

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Gold will go to and above $3,500 – Jim Sinclair

jim sinclair gold

My Dear Friends, Gold will go to and above $3500. This is the most important message I have sent you since 2001. There are very few of us dynamic thinkers that see everything as a trend constantly in motion. Anyone can be a static thinker, quoting recent economic figures or …

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European banks on the brink of collapse

Europe banking crisis Deutsche Bank

Top financial institutions in Europe have hardly been more vulnerable to an economic tremor, a situation worsened by the collapse of the German credit market as Berlin suddenly stopped issuing new debt. Europe’s top financial institutions are teetering on the edge of collapse as access to high quality debt products have created a liquidity …

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UK Authorities Guard Against Rising Credit Card Debt

A shocking statistic has filtered through markets in the United Kingdom: the country is faced with £68 billion in outstanding credit card debt. Credit card debt has risen sharply since 2007 when it was around £55 billion. The steepest rise took place between 2014 and the present day. Of course, …

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Bankers plan secret London meeting to ‘end cash’

War on cash fire

Economist Martin Armstrong claims there is a “secret meeting to end cash” set to take place in London before the end of the month involving representatives from the ECB and the Federal Reserve. Armstrong, who is known for successfully predicting the 1987 Black Monday crash as well as the 1998 …

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Moody’s strips the UK of its AAA rating

Moody’s Investors Service has today downgraded the domestic- and foreign-currency government bond ratings of the United Kingdom by one notch to Aa1 from Aaa. The outlook on the ratings is now stable. The key interrelated drivers of today’s action are: 1. The continuing weakness in the UK’s medium-term growth outlook, …

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German Bundesbank to repatriate $200bn of gold

Gold

Despite previously characterizing the idea that it was planning on moving gold out of the New York Fed as an “irrational fear,” the German Bundesbank is set to announce a huge repatriation of its bullion this week, with France also being emptied of German gold in a sign that trust …

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Leaked emails confirm George Soros is a puppet master of Hillary Clinton

George Soros Hillary Clinton emails WikiLeaks

An email leaked by WikiLeaks reveals that when Hillary Clinton was US secretary of state in 2011, billionaire George Soros instructed her on how to handle unrest in Albania, stressing it “needs urgent attention at senior levels of the US government.” “Dear Hillary,” begins the email dated January 24, 2011 from the …

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Rothschild puppet George Soros pushing for war with Russia

George Soros wants war with Russia

American and EU leaders are making a “grievous error” by taking Russian President Vladimir Putin for their ally in the fight against ISIS, billionaire investor and Rothschild gopher George Soros has stated. Putin’s real aim is the EU’s disintegration, Soros alleged. In an opinion piece for Project-syndicate.org, the billionaire stated that “the best …

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Where to Next for Big Banks?

Of all the industries available to investors, few offer more long-term stability than the banking industry. This is not to say that the banking industry has stellar growth prospects; on the contrary. After the US presidential election outcome on November 8, 2016, many pundits were expecting bank stocks to soar. …

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Fintech Boom in the United Kingdom Despite Brexit Worries

The ravages of a Brexit have failed to dissuade investors from plowing money into the UK’s burgeoning FinTech sector. Foreign investment levels in the United Kingdom’s FinTech arena are soaring, in spite of the exodus of European Union migrant workers, and lower levels of net migration into the UK. British …

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French presidential frontrunner wants gold back in France

Marine Le Pen gold France

France could be next on the list of countries that wants to take its gold back, if the leader of a far-right political party has her way. Tuesday, Marine Le Pen, leader of the Front National party of France, who is also the front runner to potentially be France’s new president, …

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Chinese yuan accepted as collateral at the LME

China yuan

From Filip Karinja, for Birch Gold Group The ongoing internationalization of the Chinese yuan got a major boost this week with the London Metal Exchange (LME) now accepting the currency as collateral against contracts. This follows regulatory approval from the Bank of England, which now allows the LME to accept five currencies as cash …

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RBS: Sell everything, a market crash is coming

RBS sell everything Royal Bank of Scotland

Investors face a “cataclysmic year” where stock markets could fall by up to 20% and oil could slump to $16 a barrel, economists at the Royal Bank of Scotland have warned. In a note to its clients the bank said: “Sell everything except high quality bonds. This is about return of capital, not return …

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China and Japan dump billions of dollars

Dollar being dumped Japan China

Over the past few years the dollar has staged an impressive comeback. Not because there’s anything fundamentally good about this currency’s future prospects, but because for the interim, most of the economies in world aren’t doing so hot. For a lot of investors, it is the lesser of many evils …

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Ditching the dollar: Russia, China to create new gold market

Gold bars China Russia

While key Western banks are artificially restraining gold prices to breathe life into the diluted and devalued dollar system, Russia, China and other emerging economies are involved in “the genial move” to establish an entirely different gold market, F. William Engdahl underscores. Key central banks, particularly the Federal Reserve and …

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The War on Cash advances

War on cash

The War on Cash is advancing on all fronts. One region that has hogged the headlines with its war against physical currency is Scandinavia. Sweden became the first country to enlist its own citizens as largely willing guinea pigs in a dystopian economic experiment: negative interest rates in a cashless …

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Banking scandal: how document trail reveals global scam

banking scandal how document tray reveals global scam

It’s not a comfortable weekend for the men heading some of the world’s biggest banks. Barclays has already been hit by a £290m fine for rigging interest rates but that could be dwarfed by a series of global lawsuits which could cost banks billions. The interest rate rigging scandal that …

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World economy is so damaged it needs permanent money printing

USD money printing dollar

Combined tightening by the United States and China has done its worst. Global liquidity is evaporating. What looked liked a gentle tap on the brakes by the two monetary superpowers has proved too much for a fragile world economy, still locked in “secular stagnation”. The latest investor survey by Bank …

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