Search Results for: ecb

Gold Trending Bullish as Disaster Looms

In an ominous turn of events, Hurricane Irma rapidly gathered momentum to become a Category 5 storm with raging winds in the region of 185 mph. As it bears down on the Florida coast line, the US is bracing for maximum impact. This Act of God has the capacity to …

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Gold ‘should be $US1,700 an ounce’ – Deutsche Bank

Gold Deutsche Bank

Gold has seen a sell-off in recent days, heading for the longest run of declines since May, trading at $US1319 an ounce. Federal Reserve chairwoman Janet Yellen’s speech at Jackson Hole over the weekend contributed to gold’s latest decline. Yellen said the case for a US rate increase has strengthened, …

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Eurozone unemployment hits all-time high: 19 million out of work

Europe unemployment

People queue outside a government employment office in Burgos. Eurozone unemployment levels have hit 12 percent – the highest in the history of eurozone record-keeping, since the currency was launched in 1999. The average unemployment rate across the eurozone’s 17 constituent European Union countries rose from January’s initial 11.9 percent …

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War on Cash: the death of the $100 note

War on cash cashless society 100 note

From Filip Karinja, for Birch Gold Group The global “war on cash” is back and bigger than ever. The move towards a cashless society seems to be final destination desired by governments and central banks around the world. Remember the days when you could park your hard-earned money in the bank and …

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Central banking elite met today behind closed doors

Bank gate

From Filip Karinja, for Birch Gold Group Today the financial heavyweights in the world of finance met behind closed doors to discuss the future of the global economic system. Held in Washington, the meeting was titled, ‘Gold, renminbi and the multicurrency reserve system’. Co-hosted by the World Gold Council, the purpose of the …

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The globalists are losing control

Bank of Japan BOJ

The central planners are in a state of fear and panic. They are trying everything and anything to create market validation for their policies, watching with trepidation as their favored economic metrics fail to respond to all of their frenzied efforts. They are so far over the tips of their …

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15 reasons Gold & Silver are now heading higher

Gold, silver, platinum and palladium have all recently moved up in price, with platinum, silver and gold leading the complex. Below are 15 reasons why. Gold is teasing the $1700 psychological resistance marker, whilst silver has broken out above $30, and will now begin targeting the many resistance points in …

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The countdown to the break up of the Euro has officially begun

The results of the elections in France and Greece have made it abundantly clear that there is a tremendous backlash against the austerity approach that Germany has been pushing. All over Europe, prominent politicians and incumbent political parties are being voted out.  In fact, Nicolas Sarkozy has become the 11th …

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Italian banks are on the brink of collapse

italian-bank-collapse-italy

There’s an old saying: “What’s sauce for the goose is sauce for the gander.” The meaning is obvious — if you insist on something for others, you have to be prepared to hold yourself to the same standard. A version of that is playing out in Europe today. And right …

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What happens after Brexit?

When it comes to “Plan B” Europe is funny: it never has one. The best example is, of course, Greece most notably from an April 2013 press conference, when Mario Draghi responded to a question from Zero Hedge readers about a worst case scenario for Greece. This was the exchange that …

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