Articles related to IMF
 
Stewart Dougherty
The War on Gold Intensifies: It Betrays the Elitists’ Panic and Augurs Their Coming Defeat (Part 2)
Dictatorship (noun): Definition #3: absolute power or authority (Websters); Def. #2: absolute, imperious or overbearing power or control (Random House);Def. #3: Absolute or despotic control or power (American Heritage);Def. #3: Absolute or supreme power or authority (Collins English Dictionary);Def. #1: A type of government where absolute sovereignty is allotted to an individual or small clique (Wikipedia).“If you know the enemy and know yourself, you need not fear the result of a hundred battle
Sunday, December 10, 2017
Rory Hall - Sprott Money
“Gold is Currency, Period!” - Rory Hall
Over the past couple of weeks, we have been focused on Russia and their understanding of gold and why gold is going to come back to the table of regional and/or international trade. It may even make a grand re-entrance as backing for a national currency or two. Russia, with her closest ally China, have been making headlines, in the broader financial world, for close to two years regarding their acquisitions of gold. Within the smaller gold community these two nations have been making headl
Thursday, December 7, 2017
Eric de Carbonnel - Market Skeptics
  Gold Wars 
By the beginning of the 1960s, the $US 35 = 1 oz. Gold ratio was becoming more and more difficult to sustain. Gold demand was rising and U.S. Gold reserves were falling
Thursday, November 30, 2017
Deepcaster
The Key to Profitably Ending Precious Metals Price Suppression And Other Markets Manipulation!
DEEPCASTER LLCFORTRESS ASSETS PORTFOLIO | LETTERS, ALERTS & ARTICLESHIGH POTENTIAL SPECULATOR | HIGH YIELD PORTFOLIOPreserve & Enhance WealthInvestment & Geopolitical IntelligenceHere we Reveal the heretofore unacknowledged Necessary (but not entirely sufficient) Condition for Profitably (to Investors) ending Precious Metals Price Suppression and other Markets Manipulation.Even some of the Mainstream Media have now finally acknowledged that the private, for-profit, Federal Reserve-led Globalist
Friday, November 24, 2017
Jan Skoyles - GoldCore
Brexit Budget – Grim Outlook As UK Economy Downgraded
– Brexit budget – Grim outlook as UK economic forecasts downgrade – UK Chancellor uses housing market policy as smoke-screen for deteriorating economy – UK budget matters more than ever due to BREXIT risks – Policy on stamp duty will fail to aid worsening housing market – Real GDP expected to grow by just 1.5%, 40% less than projections 2 years ago – Households now face an unprecedented 17 years of stagnation in earnings – Critics claim Budget failed to calm Brexit uncertainty – UK and especiall
Thursday, November 23, 2017
Phoenix Capital - Gains Pains & Capital
The Economist Magazine Remains Confused On Zimbabwe Inflation
Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke. The Economist magazine remains confused. The November 4th issue of The Economist carried reportage on the ever-more acute economic disaster that grips Zimbabwe: “Surviving under Mugabe: Zimbabwe’s Deepening Crisis.” While the broad outlines of this reportage are correct, one reported “fact” in particular is simply wrong -- a real howler that any good fact checker should have flagged as an error to be
Sunday, November 19, 2017
Jan Skoyles - GoldCore
Protect Your Savings With Gold: ECB Propose End To Deposit Protection
It is the ‘opinion of the European Central Bank’ that the deposit protection scheme is no longer necessary: ‘covered deposits and claims under investor compensation schemes should be replaced by limited discretionary exemptions to be granted by the competent authority in order to retain a degree of flexibility.’ To translate the legalese jargon of the ECB bureaucrats this could mean that the current €100,000 (£85,000) deposit level currently protected in the event of a bail-in may soon be no mor
Wednesday, November 15, 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
Deepcaster
Profit, Protection, Despite Cartel Interventions—November 2017 Update
Governments love [the war on cash]. Then they can control you...we are not going to have as many freedoms as we have now ...get prepared because we're going to have the worst economic problems we've had in your lifetime or my lifetime and when that happens a lot of people are going to disappear.“…the next time aro
Wednesday, November 1, 2017
Przemyslaw Radomski CFA - SunshineProfits
China’s Importance in the Gold Market
China has been accumulating a lot of bullion over the past decade. It is also the largest producer of gold in the world and – along with India – one of the biggest consumers of the yellow metal. According to the World Gold Council’s data on the second quarter of 2017, China accounts for about 28.6 percent of the jewelry demand, and for about 26 percent of total bar and coin demand. And China – with its almost 1843 tons of gold – owns the fifth largest gold reserves in the world. Is China thus a
Friday, October 27, 2017
Chris Powell - GATA
Why central banks disagree with Gary North about gold
In his essay this week, "The Case Against Gold as a Central Bank Asset" -- https://www.garynorth.com/public/17271.cfm -- the economic historian and libertarian financial writer Gary North argues that central banks should get rid of their gold reserves. North writes: "What can the governments do with the gold? It's useless to them. They don't sell it. I wish they would sell all of it." But of course central banks and governments do sell gold. They "lease" it too, insofar as they at least put gol
Sunday, October 22, 2017
Philip Judge - Anglo Far East
A Century Unique In All History 
This last century is unique in all of history, as it tells the story of the first time in all of history, that gold has been completely and officially abandoned as the backing for money. We have said before that maintaining control of the financial systems is the largest single challenge facing the leaders of the world today. This is evidenced in the last two years by the record number of summits and emergency meetings of organizations such as IMF, World Bank, World trade Organization, and the G7. The Plunge Protection Team and Exchange Stabilization Fund have been working overtime, while we have witnessed the setting up and convening of special sub committees of central banks and governmental policy makers, all dedicated to ensuring stability of financial and capitol markets, at all costs.
Saturday, October 21, 2017
Przemyslaw Radomski CFA - SunshineProfits
Chinese Economy and Gold
In the 2015 October edition of the Market Overview, we analyzed the impact of the Chinese slowdown, as well as the stock market crash and the devaluation of yuan, on the gold market. Two years later, it is worth providing investors with an update about the second biggest economy in the world, especially since the 19th National Congress of the Communist Party of China will be held in October. It will be a key gathering leading to a massive leadership change as five of the seven members of the Pol
Friday, October 20, 2017
Przemyslaw Radomski CFA - SunshineProfits
G30 Banking Seminar 2017 and Gold
On Sunday, there was a meeting of international central bankers. What does it imply for the gold market? After a week of meetings between the World Bank and the IMF, there was the G30 banking seminar. The group of speakers included Janet Yellen from the Fed, the ECB Vice President Vítor Constâncio and Bank of Japan Governor Haruhiko Kuroda. Yellen sounded hawkish, as her “best guess” was that consumer prices would soon accelerate after a period of surprisingly soft inflation. Even though at the 
Thursday, October 19, 2017
Ronan Manly - Bullion Star
  Neck and Neck: Russian and Chinese Official Gold Reserves 
Official gold reserve updates from the Russian and Chinese central banks are probably one of the more closely watched metrics in the gold world. After the US, Germany, Italy and France, the sovereign gold holdings of China and Russia are the world’s 5th and 6th largest. And with the gold reserves ‘official figures’ of the US, Germany, Italy and France being essentially static, the only numbers worth watching are those of China and Russia. The Russian Federation’s central bank, the Bank of Russia
Tuesday, October 17, 2017
Nathan Lewis - New World Economics
  The Silliness of the Bretton Woods Years
We’re continuing our look into One Nation Under Gold (2017), by James Ledbetter. October 2, 2017: One Nation Under Gold (2017), by James Ledbetter Ledbetter glided quickly over the period from 1914 to 1931, taking up the story again in earnest with the British devaluation of 1931 and, especially, the U.S. devaluation of 1933. This was treated with some interesting detail. However, Ledbetter made almost no mention of the fact that the U.S. returned to gold at the beginning of 1934 at $35/oz., and
Monday, October 16, 2017
Alasdair Macleod - Finance and Eco.
Oil for gold – the real story
Following an article in the Nikkei Asia Review, which reported China will shortly introduce an oil futures contract priced in yuan, there has been some confusion about what it means. The article pointed out that in combination with existing gold futures priced in yuan, an oil exporter to China contracting to accept yuan could use these two futures contracts to take delivery of physical gold in payment for oil.I was quoted in that article as follows:"It is a mechanism which is likely to appeal to
Sunday, October 15, 2017
Chris Powell - GATA
The Economist: The internationalization of China's currency has stalled
On October 18 President Xi Jinping will preside in Beijing over the most important political event in five years. At the Communist Party's 19th congress much will be made of the triumphs achieved in nearly four decades of reform and opening up. So expect a glossing over of one part of that process where progress has largely stalled: the “internationalisation” of China's currency, the yuan. This seems odd. Just a year ago the yuan became the fifth currency in the basket that forms the IMF's Speci
Saturday, October 14, 2017
Przemyslaw Radomski CFA - SunshineProfits
Yuan and Gold
In the previous editions of the Market Overview, we have already analyzed the relationship between gold and some major world currencies, such as the U.S. dollar, the euro, or the Japanese yen. But what is the link between the Chinese yuan (officially: renminbi) and the yellow metal? Let’s check it out. Chart 1: The USD/CNY exchange rate (red line, right axis) and the price of gold (yellow line, left axis, London P.M. Fix) from January 1981 to September 2017. As one can see in the chart above,
Friday, October 13, 2017
Chris Powell - GATA
Debt binge threatens UK economy as IMF warns of financial crash
A surge in household borrowing is paving the way for another financial crisis, according to the International Monetary Fund. In a hard-hitting report published ahead of its annual meetings in Washington this week, the watchdog warned of "risks down the road" from rising levels of debt. And raising the prospect of a new financial disaster, ten years on from the last, the fund said: "Higher household debt is associated with a greater probability of a banking crisis, especially when debt is already
Sunday, October 8, 2017
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