Search Results for: interest rates

Deutsche Bank fined a record $2.5bn for Libor rate-rigging

Deutsche Bank

German banking giant Deutsche Bank will pay a record $2.5 billion for rigging interest rates in a multi-bank conspiracy that undermined global financial markets, US and British authorities said Thursday. “Deutsche Bank secretly conspired with its competitors to rig the benchmark interest rates at the heart of the global financial …

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Why ‘Rich Dad’ author predicts a market collapse is coming

Market collapse Robert Kiyosaki

From Filip Karinja, for Birch Gold Group Famed entrepreneur and author of the ‘Rich Dad’ business book series, Robert Kiyosaki, says his predictions for a market collapse in 2016 are on schedule to become a reality. He was nearly correct in the first week of the year, when markets suffered some …

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The end of the bull market in stocks?

Bull market stocks

From Filip Karinja, for Birch Gold Group The bull market in stocks has just entered its seventh year this week, the third longest run in history! The question is, can it run further or is it out of legs? With cheap money still entering markets and interest rates held under 1%, there …

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How Market Volatility Affects the Global Banking System

How Market volatility ahead global banking system

We are all aware that the wizard behind the proverbial curtain is represented by the banks in these modern times. Whether referring to interest rates, international monetary policies or inflation, the fact of the matter is that these institutions impact our daily lives. One of the catch phrases associated with …

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Jim Rogers issues a warning to all investors

Jim Rogers central banks

From Filip Karinja, for Birch Gold Group Legendary investor Jim Rogers has issued a stern warning to people around the world that the central banks have no idea what they are doing. This week on CNNMoney, Rogers claimed, “We’re all going to pay a horrible price for the incompetence of these central bankers… we’ve …

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Turning Your Car Into Cash: The Truth About Title Loans

While you may be driving the car of your dreams, you may realize you don’t have enough capital to make your other dreams a reality. Business owners and consumers that find themselves struggling to get a loan or make money through unconventional means may find that turning in their car …

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How to Get a Loan With Bad Credit in 2019

It is said that the limitations we face are the ones placed by ourselves. This is also the case when it comes to seeking finances. You may have already locked yourself out of getting a loan because you have a bad credit score. It’s still possible to get a loan …

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Ron Paul: You can’t print money forever

Ron Paul stock market money

With the stock market nearing all-time highs and the Federal Reserve hinting that it would not raise interest rates, former US Congressman Ron Paul warned that the Fed’s policies have put the market on the verge of a massive collapse. “I look at the markets as being unstable, which means some days …

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Federal Reserve is leading economy into the next recession

Federal Reserve economy recession

From Filip Karinja, for Birch Gold Group This week, former Ronald Reagan administration aide and 20-year Wall Street veteran David Stockman has come out and fired shots at the Federal Reserve. The former insider had some very interesting things to say about the U.S. central bank and the state of the …

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US Mint American Eagle gold coin sales surge, silver at record

US mint american eagle gold silver coin

The U.S. Mint’s sales of American Eagle coins surged in November, with gold nearly tripling month-over-month and silver already reaching a new annual record as bullion prices fell to multi-year lows, data released on Monday showed. The mint sold 97,000 ounces of American Eagle gold coins in November, up 185 …

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Japan overtakes China as largest US debt holder

Japan markets

Japan now officially holds more US debt than China, which has been America’s major creditor since 2008. In February Japan held $1.224 trillion in US government bonds compared to China’s $1.223 trillion. Both countries reduced their US debt investment, with China reducing its by $15.4 billion, and Japan by $14.2 …

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Stock market volatility increases on Wall Street

Wall Street traders stock market

On opening bell, Wall Street surged upward by two percent on news of an interest rate cut by China. US stocks stayed in positive territory for much of the day until collapsing in the closing hour, making Tuesday the sixth straight day of losses. The Dow Jones was up 440 …

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GOLDMAN: QE3 is coming this week

Goldman’s Jan Hatzius stands by his call… We expect the Federal Open Market Committee (FOMC) to ease monetary policy at next week’s scheduled meeting.  Our baseline is a new asset purchase program that involves an expansion of the balance sheet, but an extension of Operation Twist and/or a further lengthening …

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Trump says we could default on the debt or just print money

Donald Trump national debt default

From Filip Karinja, for Birch Gold Group Donald Trump, the presumptive nominee of the Republican party, shocked many this week with statements regarding the nation’s enormous debt and the possibility of a default. Even though what he says may be true, for a leading presidential hopeful to be so bearish (perhaps rightfully so) …

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European Central Bank to start buying private-sector debt

Benoît Coeuré ECB

The European Central Bank will start buying private-sector debt instruments within days with the aim of raising the bank’s holdings of assets and steering money to the economy, ECB executive board member Benoît Coeuré said Friday. The purchases “will have the objective to steer the balance sheet of the ECB …

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Australia joins list of nations selling bonds with negative yield

Flag Australia

Australia has this week joined the illustrious list of governments that have been able to borrow money at negative interest rates. The Australian Office of Financial Management, which manages the government’s debt programme, sold $200 million of inflation-linked bonds maturing in 2018 to 13 investors on Tuesday at a yield of …

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A new run on the banks? Spaniards pulling cash out at record rates

bull bank run spain

Spanish consumers are pulling their cash out of banks at record levels, according to figures released on Tuesday. Private sector deposits fell by nearly 5 percent in July to €1.509, the Telegraph reported, citing European Central Bank data, as public confidence in the banking system reached all-time lows amid a worsening economic …

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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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U.S. dollar set to shoot next in currency war, QE4 is coming

USD dollar currency war

From Filip Karinja, for Birch Gold Group In recent years, as competition on the global market has heated up, nations around the world have joined in a currency race to the bottom – to devalue their currencies faster than those of other nations. Strangely, the United States has done the opposite; …

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