Articles related to Germany
Chris Powell - GATA
BIS official urges accountability while his press office rejects it
Even as the Bank for International Settlements was refusing on Tuesday to answer GATA's questions about the bank's activity in the gold market -- -- the bank's economic adviser and head of research, Hyun Song Shin, was addressing a conference at the European Central Bank in Frankfurt, Germany, giving a speech titled "Can Central Banks Talk Too Much?": And: Shin
Wednesday, November 22, 2017
Mickey Fulp - Mercenary Geologist
The Never-Ending Wars of the United States of America
A Monday Morning Musing from Mickey the Mercenary Geologist"War is a racket. It always has been. It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives. A racket is best described, I believe, as something that is not what it seems to the majority of the people. Only a small 'inside' group knows what it is about. It is conducted for the benefi
Tuesday, November 21, 2017
Bullion Vault
Platinum Betting Turns Positive as Gold Bullion Finds Another 'Event-Driven Bid'
GOLD BULLION slipped together with silver and platinum ahead of the US open on Monday, down 0.5% from last week's 1-month high just below $1300 per ounce as world stock markets fell following the weekend's collapse of coalition government talks in Germany. With pundits calling it Germany's "worst political crisis in decades", current Chancellor Angela Merkel met this morning with President Frank-Walter Steinmeier after the Free Demo
Monday, November 20, 2017
Mish - Global Economic Analysis
Merkel Coalition Collapses: New Elections Coming?
Merkel's coalition talks collapsed when FDP leader walked out stating “It is better not to govern than to govern badly.”Irreconcilable migration and energy differences between four parties led to a Collapse in Merkel's Coalition Talks . Chancellor Angela Merkel has two unpleasant options: Forming a minority government or fresh elections. Exploratory talks to form Germany’s next coalition government collapsed shortly before midnight on Sunday when the pro-business Free Democratic Party (FDP) wa
Monday, November 20, 2017
Egon von Greyerz - Matterhorn AM
What will happen between now and 2025? Nobody knows of course but I will later in this article have a little peek into the next 4-8 years. The concentration of wealth in the world has now reached dangerous proportions. The three richest people in the world have a greater wealth than the bottom 50%. The top 1% have a wealth of $33 trillion whilst the bottom 1% have a debt $196 billion. The interesting point is not just that the rich are getting richer and the poor poorer. More interesting is to
Friday, November 17, 2017
Thorsten Polleit
November 15, 1923: The End of German Hyperinflation 
On 15 November 1923 decisive steps were taken to end the nightmare of hyperinflation in the Weimar Republic: TheReichsbank, the German central bank, stopped monetizing government debt, and a new means of exchange, theRentenmark, was issued next to thePapermark (in German:Papiermark). These measures succeeded in halting hyperinflation, but the purchasing power of thePapermark was completely ruined.
Wednesday, November 15, 2017
Bullion Vault
Comex Gold Sees 'Another Large Sell' as Bullish Silver Betting Grows to 7-Week High
COMEX GOLD contracts recovered a $5 drop against a weakening US Dollar in London lunchtime trade Tuesday, rising back to last week's finish at $1275 after what analysts called another "large sell" order on the futures market. Commodities retreated and bond prices edged higher as world stock markets fell again. Germany's Dax dropped for the fourth session running after the 19-nation Eurozone rele
Tuesday, November 14, 2017
Chris Powell - GATA
Shilling for Bundesbank, FT avoids key questions about gold
Yesterday the Financial Times continued its campaign to persuade the world that nothing deceptive is going on in the gold sector, publishing a long article lauding the German Bundesbank and its board member, Carl-Ludwig Thiele, for flawlessly arranging the repatriation of some of the central bank's gold from London, Paris, and New York. At least the article, appended here, quotes the founder of Germany's "Repatriate Our Gold" campaign, Peter Boehringer, who just has been elected to the country's
Tuesday, November 14, 2017
Nathan Lewis - New World Economics
Total Return of Stocks, Bonds, Gold, 1871-2015
Today, we are looking at the total return of stocks, bonds and gold, from 1871 to 2015. The source of the data is here: I calculated the total return this way: stocks: index return plus 1/12th of dividend each month bonds: “long term” bond yield, compounded monthly gold: price in dollars This is not a very good way of calculating a bond index. There is no provision for the market price of bonds, among other issues. But, it should be good enough for a ro
Sunday, November 12, 2017
Dave Kranzler - Sprott Money
Gold And Silver: Something Different Is Occurring - Dave Kranzler
JP Morgan, at least according to the daily Comex warehouse report, added over half a million ozs of silver to its “historic” stash of silver at the Comex: TF Metals Report. It would be even more interesting to see an actual independent accounting of that specific metal which would track the serial numbers on the bars to the legal owner of title. I’ve been hedged in my mining stock portfolio since early September. The signal for me to hedge is the reliable Comex bank “net short” posi
Saturday, November 11, 2017
Mark O'Byrne -
Gold Coins and Bars Saw Demand Rise 17 to 222T in Q3
– Gold coins and bars saw demand rise 17% to 222t in Q3, driven largely by China – Chinese investors bought price dips, notching up fourth consecutive quarter of growth – Jewellery, ETF demand fell while gold coins and bars saw increased demand  – Central banks bought a robust 111t of gold bullion bars (+25% y-o-y) – Russia, Turkey & Kazakhstan account for 90% of 111t of central bank demand – Turkey increased gold purchases and saw broad based physical gold demand – Gold demand in Q3 at eight-ye
Friday, November 10, 2017
Mark O'Byrne -
Platinum Bullion ‘May Be One Of The Only Cheap Assets Out There’
Platinum “may be one of the cheap assets out there” and “is cheap when compared with stocks or bonds” according to Dominic Frisby writing in the UK’s best selling financial publication Money Week. Platinum Bullion in USD (15 years) Frisby writing in Money Week laments the total absence of value in today’s markets. He then identifies an asset that is both cheap (on a relative basis) and is valuable and the article is well worth a read: The value investor’s lament – where have all the cheap assets
Wednesday, November 8, 2017
Adrian Ash - Bullion Vault
Gold Trading Slumps as 'Buy Bitcoin' Beats 'Buy Gold'
Private investor gold trading fell 1/3rd in October... GOLD TRADING among private investors slumped last month as internet searches to 'buy Bitcoin' overtook searches for the phrase 'buy gold' worldwide, writes Adrian Ash at BullionVault. The quantity of gold changing hands on BullionVault – the world's largest online marketplace for physical precious metals, now used by
Tuesday, November 7, 2017
Jan Skoyles - GoldCore
German Investors Now World’s Largest Gold Buyers
– German gold demand surges from 17 ton-a-year to a 100 ton-plus per year – €6.8 Bln spent on German gold investment products in 2016, more per person than India and China – Germans turned to gold during financial crises and ongoing euro debasement – Evidence of latent retail demand on increased economic concerns – “Gold fulfils an important long-term, wealth preservation role in German investors’ portfolios” Editor: Mark O’Byrne India and China often grab the headlines as the world’s largest
Monday, November 6, 2017
Nathan Lewis - New World Economics
Lift Your Head From The Tax Scrum And See The Big Picture
(This item originally appeared at on November 3, 2017.) The Republicans’ tax bill has made its first pass through the sausage factory without being chopped into little bits. The most important stuff is still in there, in particular a big reduction in corporate tax rates. Unfortunately, the process isn’t over. All the negative influences that have hobbled tax
Sunday, November 5, 2017
Chris Martenson
Running Out Of Room
The idea of an 'industrial economy' is an extremely recent human invention. And we’ve staked quite a lot on its continuation. But it faces a massive predicament: It’s running out of resources. When talking
Saturday, November 4, 2017
Jan Skoyles - GoldCore
Gold Price Reacts as Central Banks Start Major Change
– Bank of England raised interest rates for the first time in ten years – President Trump announces Jerome Powell as his choice to lead the U.S. Federal Reserve – Most investors outside the US Dollar and Euro see gold prices climb after busy week of central bank news – Inflation now at five-year high of 3% – Inflation, low-interest rate, debt crises and bail-ins still threaten savers and pensioners This week has been a significant week for central banks. The Bank of England raised interest rate
Friday, November 3, 2017
Alasdair Macleod - Finance and Eco.
The Brexit chicken game 
At last, there are signs a sense of reality is dawning on the EU’s negotiators about the futility of trying to force the UK to agree to a divorce settlement before talking about trade. However, there are still vestiges of a hope that Britain won’t leave the EU after all. Donald Tusk, the current European Council President, indicated it was still an option as recently as this week, but these hopes are wishful thinking.It has taken thinly-veiled threats from the UK to leave without a deal, unless
Friday, November 3, 2017
Chris Powell - GATA
Fearing eurozone meltdown, German investors rush to gold
Germany has become the world's biggest buyer of gold amid fears of economic meltdown across the eurozone. Figures from the World Gold Council reveal that the country invested a record L6 billion in gold bullion and coins as well as in exchange-traded products. Analysts say improved availability, low prices, and growing demand due to loose monetary policy, economic uncertainty, and volatile geopolitical factors are the three key reasons behind the German investors' gold rush. Their fondness for g
Wednesday, November 1, 2017
Jan Skoyles - GoldCore
Invest In Gold To Defend Against Bail-ins
– Italy’s Veneto banking meltdown destroyed 200,000 savers and 40,000 businesses – EU bail-in rules have wiped out billions for savers and and businesses, with more at risk  – Bail-ins are not unique to Italy, all Western savers are at risk of seeing savings disappear –  Counterparty-free, physical gold bullion is best defence against bail-ins One of Italy’s twenty regions is calling for more autonomy from the state following a nonbonding referendum. Why? Because a government supported ‘rescue
Wednesday, November 1, 2017