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Gold & Silver Prices in
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Andy Hoffman - Miles Franklin
My Newest “Most Likely To Catalyze The Big One”
Today’s article is one of my scariest yet; as, after watching events unfold in the world’s most notorious geopolitical hotspot in recent weeks, it’s difficult to come up, using my best Spock-like logic, with an alternative conclusion to the potentially catastrophic one I’ll discuss today.  Which, if it occurs, may catalyze not only the financial “big one” we all know is coming, but an era of political, geopolitical, economic, and monetary destabilization unlike; and potentially, unparalleled in
Tuesday, June 20, 2017
Julian D. W. Phillips - Gold Forecaster
Gold’s Pricing Power Moving East - Part 2
China excluded from the global gold price or arbitrage includes it?China is unhappy that gold prices should be driven by U.S. and dollar concerns. But many state that because there is no free flow of gold in and out of China, China will remain a parochial market, not integrated into the global gold market. Nothing is now further from the truth.The author has worked with successful arbitrageurs in London in the past, so we can clearly see that through the London and Shanghai Gold Exchanges via bu
Monday, June 19, 2017
Andy Hoffman - Miles Franklin
Precious Metals VS. Crypto-Currency And Mainstream Investments-“Revisited”
Two days after the most suicidal, hubristically arrogant policy statement in FOMC history, by an institution desperate to maintain the dead propaganda meme of “growth”; and with it, the Cartel’s “response” – gold remains less than $20/oz below its 5½ year downtrend line, and $20/oz above its 200 week moving average; whilst silver – in my view, more undervalued than at any time in history – is just a buck below its 200 week moving average, but a full $0.65/oz above its 5½ year downtrend line.  In
Sunday, June 18, 2017
Egon von Greyerz - Matterhorn AM
Last week, we were again reminded of the global instability and disequilibrium. In the UK, the conservative Prime Minister Theresa May decided 9 weeks ago to call an election. This was done due to the conservatives being 20 percentage points ahead of their Labour rivals in the opinion polls which would have led to a strong backing for the Brexit negotiations as well as another five years in power. But things went disastrously wrong. An extremely badly run campaign by Mrs May and an opportunistic
Friday, June 16, 2017
Andy Hoffman - Miles Franklin
Platinum, The Forgotten Precious Metal-Revisited
My good friend Adam Meister – i.e, the “Bitcoin Meister” of (rapidly increasing) YouTube fame – sagely stated today, “you get rich slowly, and poor quickly” – which goes double for those utilizing traditional valuation metrics in historically manipulated markets.  Fortunately, no financial manipulation, throughout the course of history, has ended well; and now that the “custodians” of history’s largest, most destructive fiat Ponzi have reached their ‘trapped rats on a sinking ship’ moment, the “
Tuesday, June 13, 2017
Mega-Risks Loom in the Next very few months and most will be realized. But for Investors properly positioned, they Provide Very Substantial Profit and Wealth Protection Opportunities. First let’s examine the Risks, then the Profit Opportunities.MEGA-RISKSChinaPerhaps the Main One will be the slowdown in growth in China, the world’s second largest economy. This Slowdown will be Caused mainly by China’s serious drive to restrain unsustainable credit growth.Indeed, credit outstanding (including to
Saturday, June 10, 2017
Mish - Global Economic Analysis
Steen Jakobsen, Saxo Bank CIO on the UK Election, Pound, Euro
Steen Jakobsen, Saxo Bank Chief Investment Officer, comments on the UK election, the British Pound, and the Euro in a recent email report. Dear All, Please find my almost final version of the UK election presentation: Main Points Conservatives and PM May have executed a terrible campaign – she has done ALL the mistakes of Clinton and the establishment: Safe pair of hands Not committing to anything Talking about energy regulation No committing to tax freeze On the other hand, Labour has been a
Tuesday, June 6, 2017
Nathan Lewis - New World Economics
the Final Standard
Gold: the Final Standard (2017), my third book about monetary topics, is now available in both eBook and print formats. I thought I would say a few words about how it came about. It forms the third book of a sort of “gold trilogy,” as I see it, following Gold: the Once and Future Money (2007) and Gold: the Monetary Polaris (2013).  Things were not really planned out that way, but I have the sense that it brings a level of completion to the topic. There will likely be more books in the future, so
Tuesday, June 6, 2017
Charleston Voice
Hidden History The Other Atlantis: Carthage: Hidden in plain sight *vid*
More videos like this A 'lost' civilization It was the biggest and richest civilization in the Mediterranean and spread trade, science, and advanced agricultural techniques throughout the then-known world. Then it disappeared. We know what happened and we know where it went, but what few know is the painstaking efforts Rome took to not only destroy Carthage, but also to erase it from the historical record. They succeeded. What do you know about Carthage and its massive contribution
Friday, June 2, 2017
Andy Hoffman - Miles Franklin
The End Of Trust, And Rise Of Real Money
In last week’s “historic market manipulation, setting the stage for catastrophe” – as well as dozens of other articles and podcasts – I demonstrated, in painstaking detail, the gross misallocations, inequities, and fraud caused by the artificial “support” of “favored” asset classes like stocks, bonds, and real estate – whilst the “unfavored” gold and silver markets were mercilessly suppressed, to equally deleterious global effect. This weekend’s “wide world of PiMBEEB” demonstrated ten such situ
Wednesday, May 31, 2017
Przemyslaw Radomski CFA - SunshineProfits
Draghi’s Speech in Brussels and Gold
On Monday, Draghi held his quarterly hearing before the European Parliament. What does it mean for the gold market? The topic of Monday’s hearing was the role of financial innovation, but Draghi also reviewed the economic outlook and discussed the monetary policy stance. The key takeaway from his introductory statement is that inflationary pressures remained subdued, so monetary accommodation is still needed to strengthen the rise in prices: “Despite a firmer recovery (…) underlying inflation pr
Tuesday, May 30, 2017
The Daily Market Report: Gold Remains Confined to Last Thursday’s Range
USAGOLD/Peter Grant/05-25-17 Gold is trading modestly lower, well within the recent range. Price action has been contained to the 1265.01/1245.10 established last Thursday. This consolidation has taken the form of a symmetrical triangle, which is a continuation pattern. The takeaway is that gold should breakout in the direction of the trend . . . which remains positive. Today’s wounding of former Greek prime minister and ECB VP Lucas Papademos in an Athens bombing is certainly tragic. So too is
Thursday, May 25, 2017
Julian D. W. Phillips - Gold Forecaster
Gold’s Pricing Power Moving East – Part 1
How is the gold price made?When we hear commentary on why the gold price has moved, we usually hear of U.S. economic or political factors and a move in the U.S. Dollar. Most times these do not precipitate the buying of physical gold.What they do do, is to spur the buying or selling of futures or Options on the COMEX gold market. Many commentators attribute moves in the physical gold price to moves on COMEX.But this link is tenuous, as COMEX does not [except for a maximum of 5% and minimum of 1%
Thursday, May 25, 2017
Mish - Global Economic Analysis
Greek Debt Groundhog Day: Deal Collapses After 8 Hours of Negotiation
Yet another Greek debt cliffhanger is in the works. After eight hours of intense negotiations, Greece, EU creditors, and the IMF did not reach agreement on restructuring Greek Debt. However, a big debt repayment does not come until July so negotiations will drag on and on. In the past, there was always a last minute deal. Will it be any different this time? Bloomberg reports Greek Deal on Debt Relief Founders as Talks Stretch to June. After nearly eight hours of talks and multiple draft compro
Tuesday, May 23, 2017
Mish - Global Economic Analysis
EU Shocked to Discover UK May Walk Away With No Deal
The EU now faces the shocking discovery that the UK is not Greece, the EU does not hold all the cards, and the UK is able and willing to simply walk away from ever-escalating EU demands. Bloomberg reports U.K. Threatens to Quit Brexit Talks If It Faces Massive Bill. The U.K. will quit Brexit talks unless the European Union drops its demands of a divorce payment of 100 billion euros ($112 billion), Brexit Secretary David Davis said. Britain’s negotiations on leaving the EU would otherwise be plu
Monday, May 22, 2017
Greek economy sinks back into recession
BBC/05-16-17 Greece has fallen back into recession for the first time since 2012, official figures from Eurostat show. The country’s gross domestic product (GDP) fell by 0.1% in the first three months of the year after shrinking by 1.2% in the final quarter of 2016. The figures come as Greek unions begin two days of industrial action against cuts to pensions and tax rises insisted on by creditors. Greece is still struggling to secure a new bailout from international lenders.
Tuesday, May 16, 2017
Alasdair Macleod - Finance and Eco.
Update on Brexit
This article looks at the background to Brexit negotiations and concludes that Britain is negotiating from a position of strength, while the EU is increasingly in a position of financial difficulty. Not only will the European Commission be forced to scale back its spending and redistribution of resources, but the euro project is threatened by capital flight between member states, despite the early signs of economic recovery which should be restoring market confidence. Politicking aside, pressure
Friday, May 12, 2017
Gold Will Soar to $8000 as We Return to the 1970’s Style Inflation
Market Oracle/Peter Ginelli/05-09-17 …I’m convinced we are headed to the same direction in 2017, almost 40 years later, with only one exception. This time when inflation starts to show its ugly face, and believe me, it will, they won’t be able to fight it by raising rates as they did in the late 70’s and early 80’s! Why? Well, this is where that little exception comes into play. You see, back then, we didn’t have a $20 trillion dollar national debt to pay back with interest, today we do. Once in
Tuesday, May 9, 2017
Mish - Global Economic Analysis
  EU Buffoonery: Brexit Divorce Bill Upped to €100 Billion
The laugh of the day is a move by the EU to up Brexit divorce settlement to €100 billion from €60 billion. France and Poland want to include agricultural subsidies and Germany proposes the UK should get nothing for assets such as buildings. This is such a nonstarter that even the most diehard deal proponents ought to be shaking their heads. Some of this is tit-for-tat gamesmanship involves Brexit leaks in which EC president Jean-Claude Juncker informed Angela Merkel that “Theresa May Lives in
Friday, May 5, 2017
Alasdair Macleod - Finance and Eco.
Business cycles are credit cycles
This article gets to the heart of why central banks’ monetary policy will never succeed. The fundamental error is to regard economic cycles as originating in the private sector, when they are the consequence of fluctuations in credit.It draws on the author’s submission of evidence to the UK Parliament Treasury Committee’s enquiry into the failure of monetary policy in the wake of the 2008 crisisi.Summary It is incorrectly assumed that business cycles arise out of free markets. Instead, they are
Friday, May 5, 2017