Articles related to European Central Bank
 
Hugo Salinas Price - plata.com.mx
  The Gold Standard: Generator Protector Of Jobs 
The abandonment of the gold standard in 1971 is closely tied to the massive unemployment the industrialized world has suffered in recent years; Mexico, even with a lower level of industrialization than the developed countries, has also lost jobs due to the closing of industries; in recent years, the creation of new jobs in productive activities has been anemic at best.
Saturday, June 27, 2020
Adrian Ash - Bullion Vault
Inflation and human nature
"...Scrabbling in the earth for a fresh source of cash, the gold & silver miners of 13th century Europe proved that the money supply never simply increases as if by magic..."
Thursday, March 19, 2020
Bullion Vault
Gold Prices Fall vs Sterling, Moscow Equities Drop as UK-Russia Tensions Worsen
GOLD PRICES spiked to a 1-week high before retreating against a volatile US Dollar in London trade Wednesday as Russia promised retailiation over the UK expelling 23 diplomats as "undeclared intelligence officers" following the poisoning of a former spy with toxic nerve agent. The UK also said it is tightening checks on Russian state-owned assets in Britian, and the Royal family will not attend this summer's football World Cup, but
Thursday, March 15, 2018
Przemyslaw Radomski CFA - SunshineProfits
Unbiased Gold Analysis of Draghi Dropping the Bias
The ECB dropped its easing bias on Thursday. Monetary hawks are pleased. But doves are holding tight. And what does gold do? Hawks Awaken in Frankfurt… A major change at the European Central Bank! On Thursday, it removed its long-standing pledge to increase bond buys if needed. In January we could read that statement: (…) if the outlook becomes less favourable, or if financial conditions become inconsistent with further progress towards a sustained adjustment in the path of inflation, we stand r
Wednesday, March 14, 2018
SRSrocco - SRSRocco Report
The Amazing Amount of Gold The U.S. Exported Since 2000
The U.S. exported a stunning amount of gold since the turn of the century.  As the price of gold surged along with the massive increase in U.S. debt, gold exports jumped to record highs.  In 2012 alone, the United States exported nearly 700 metric tons of gold.  The total amount of U.S. net gold exports over the past 17 years equaled the combined gold reserves of six high ranking countries.While the U.S. exported nearly 8,000 metric tons (mt) of gold since 2001, it also imported a great deal as
Sunday, March 11, 2018
Bullion Vault
Gold Prices Bounce After N.Korea 'Dotard-Rocket Man' Drop as US Job Growth Leaps
GOLD PRICES bounced late-Friday to end the week unchanged per ounce after the United States reported the strongest jobs growth in 19 months. Rallying to $1323 as London trade ended, the gold price had earlier slipped to 7-session lows at $1314 after Donald Trump became the first US president to announce a meeting with the leader of Stalinist dictatorship North Korea. The Bureau of Labor Statisti
Saturday, March 10, 2018
Bullion Vault
Gold and Silver Trading Down to New Euro Lows as ECB Cuts 42 Words on QE
GOLD and SILVER TRADING in London's wholesale bullion market saw prices hold firm in everything but the single Euro currency on Thursday as the European Central Bank dropped a commitment to boost its QE stimulus if the economic or financial outlook worsens. Platinum prices also fell hard against the Euro as the ECB cut 42 words first used in March 2016 from its monetary policy statement.
Friday, March 9, 2018
Bullion Vault
Gold Prices Rally from Hard ...
GOLD PRICES regained half of last week's losses on Monday morning in London as the US Dollar inched down ahead of US inflation data and the new Fed chief Jerome Powell's first congressional testimony, writes Steffen Grosshauser at BullionVault. Federal Reserve chairman Jerome Powell will speak about US monetary policy before the House Financial Services Committee on Tuesday and the Senate Banking Committee on Thursday.
Monday, February 26, 2018
Chris Powell - GATA
ECB minutes highlight policymakers' fears over currency wars
FRANKFURT, Germany -- The extent of European officials' concerns over the weakness of the dollar was laid bare on Thursday in a set of European Central Bank accounts that highlighted fears that the U.S. administration was deliberately trying to engage in currency wars. The accounts of the ECB's January monetary policy vote also reveal that the governing council's hawks pushed for a change in the bank's communications, saying economic conditions were now strong enough to drop a commitment to boos
Thursday, February 22, 2018
Mark O'Byrne - gold.ie
Bank Bail-In Risk In European Countries Seen In 5 Key Charts
Bank Bail-In Risk In Europe Seen In 5 Charts – Nearly €1 trillion in non-performing loans poses risks to European banks’– Greece has highest non-performing loans as a share of total credit – Italy has the biggest pile of bad debt in absolute terms– Bad debt in Italy is still “a major problem” which has to be addressed – ECB– Level of bad loans in Italy remains above that seen before the financial crisis – Deposits in banks in Greece, Cyprus, Italy, Ireland, Czech Republic and Portugal most at ri
Tuesday, February 20, 2018
Axel Merk - Merk Fund
This Time is Different. Really!
Axel Merk, Merk Investments February 13, 2018  Follow @AxelMerk Tweet “Don’t panic, buy the dip, who cares?” or “These are rumblings of an earthquake, people will be hurt like in 1929” - which one is it? I would call it a wake-up call. Let me explain: In recent years, markets had appeared eerily “safe”. Central banks promised to do “whatever it takes”, provided “forward guidance” to keep rates low, even printed money to
Tuesday, February 13, 2018
Bob Hoye - Institutional Advisors
Investment Fads 
We have been fascinated by the chart on the publically-traded shares of the Swiss National Bank. Yes, it is the central bank, it trades, it zooms and it is long the latest fad in investing. Fiduciary responsibility being a constriction has become a neglected concept. Their reserves have been committed to equities and the chart records the euphoria of the day. As one would expect the biggest positions include the fad stocks of today. In the 1980s, we first wrote a piece on life insurance compan
Monday, February 12, 2018
Adam Hamilton - Zealllc
Stock Selling Unleashed!
The unnaturally-tranquil stock markets suddenly plunged over this past week.  Volatility skyrocketed out of the blue and shattered years of artificial calm conjured by extreme central-bank distortions.  This was a huge shock to the legions of hyper-complacent traders, who are realizing stocks don’t rally forever.  With stock selling unleashed again, herd psychology will start shifting back to bearish which will fuel lots more selling. As a contrarian student of
Sunday, February 11, 2018
Przemyslaw Radomski CFA - SunshineProfits
Mars and Mercury Decide the Fate of the U.S. Dollar and Gold
The U.S. dollar has been bleeding recently, despite all the Fed’s tightening efforts and the passage of Trump’s tax cuts. An accelerating economy, rising interest rates and pro-growth reforms should logically drive the value of the American currency. But they didn’t. Given the strong negative correlation between the greenback and gold, finding the cause behind the dollar’s wounds is highly critical. The most common explanation among analysts is Trump the Destroyer. It shouldn’t be surprising, as
Friday, February 9, 2018
Adam Hamilton - Zealllc
Radical Gold Underinvestment 4
Global investors are radically underinvested in gold today.  Years of relentless stock-market rallying to endless new record highs have left this classic alternative investment deeply out of favor.  But this gold-demand ebb is ending.  The same central banks that fueled these extreme stock markets through epic easing are reversing to massive and unprecedented tightening.  As stocks roll over, gold investment will return. Gold is a unique asset class established ove
Friday, February 2, 2018
Bullion Vault
Dollar Up, Gold Prices Dip, Silver Betting -29 Ahead of Fed, Jobs Data
GOLD PRICES slipped slightly back on Monday morning in London as the US Dollar surged after 6 straight weeks of losses, writes Steffen Grosshauser at BullionVault. Gold traded $6 below last week's close at $1349 per ounce after touching an 18-month high at $1365 early on Friday. US Treasury bonds meantime extended their New Year 2018 sell-off, pushing up the yields offered to new bu
Monday, January 29, 2018
Bullion Vault
Gold Price $1.10 Below 4-Year Friday High, 'All About' Trump's Dollar 'Devaluation'
GOLD PRICE gains from last Friday of 2.6% slipped to 1.5% against the US Dollar in London trade today, leaving the metal just $1.10 per ounce below a near 4-year high at its weekly close. The Dollar eased back but held half of yesterday's sharp rebound from its lowest FX value since late 2014 after US president Donald Trump tempered "weak Dollar" comments from his Treasury Secretary Steve Mnuchin.
Friday, January 26, 2018
Mish - Global Economic Analysis
Mnuchin, Trump Retract Dollar Comments: Hypocrisy Everywhere
Strong dollar, weak dollar, who wants what? It changes day to day. The ECB got into the act compounding the hypocricy. On Wednesday US treasury secretary Steven Mnuchin caused a quite a stir when he stated a "Weak Dollar is Good for Trade". On Thursday, Mnuchin tried to distance himself from what he stated. Now Mnuchin says "There are benefits and there are costs of where the dollar is, depending on which side of the table you are." Let's not beat around the bush. Exporters are one side of the
Friday, January 26, 2018
Przemyslaw Radomski CFA - SunshineProfits
While Everyone Focuses on U.S. Government Shutdown, This Country Faces Crisis
The U.S. government partially closed at midnight on Friday. But the UK deals with a much more serious crisis. Potentially also for gold. Unlike the U.S. Government, the Gold Market Never Closes So it happened again. The most powerful country in the world didn’t manage to renew another short-term government funding extension. It’s quite embarrassing, but we all should already get used to it. Since 1976, there have been almost 20 previous occurrences. But the world never collapsed. Why should it,
Tuesday, January 23, 2018
Mark O'Byrne - gold.ie
Government Shutdown Ends – Markets Ignore Looming Debt and Bond Market Threat
– U.S. Senate pass a temporary spending plan through Feb. 8 to end shutdown– Markets shrug off both government shutdown and re-opening– Markets, government and media ignoring worsening US debt position – Gold responding positively to U.S. dysfunction, rising US Treasury yields & weaker dollar – U.S. government national debt is $20.6 trillion and increasing rapidly– ‘Bonds, like men, are in a bear market’ – Bill Gross Editor: Mark O’Byrne Investors “irrational exuberance” continues after the larg
Tuesday, January 23, 2018
12345678910...