Articles related to vote
Adrian Ash - Bullion Vault
  Brexit, Gold and Harold Wilson's 'Pound in Your Pocket', 50 Years On
How the 1967 devaluation of Sterling killed the Gold Standard... THIS WEEKEND will mark 50 years since Harold Wilson's infamous devaluation of Sterling, writes Adrian Ash at BullionVault. Hoping to cut the trade deficit by making imports dearer and exports cheaper, the Labour prime minister claimed that the "Pound in your pocket" hadn't been devalued, only its internatio
Saturday, November 18, 2017
John Butler - Goldmoney
Financial crisis dynamics, the ‘shadow’ gold demand, and Mene
The study of financial crises is as old as the economics discipline itself. One of the most prominent theorists of financial crises ever to hold a senior Federal Reserve policy position was John Exter, vice-president of the New York Federal Reserve during the 1950s. Several years ago I co-wrote a series of essays on Exter’s theories together with his sonin- law, Barry Downs. In this paper, building on Exter’s work, including his eponymous ‘pyramid’, I introduce a new ‘hourglass’ framework for un
Friday, November 17, 2017
Chris Powell - GATA
Ned Naylor-Leyland: Oppose takeover of CEF to prevent banks from raiding its gold
Old Mutual gold and silver fund manager Ned Naylor-Leyland today explains why he opposes Sprott Asset Management's long-running bid to acquire the Central Fund of Canada gold fund -- in part to keep CEF's gold from being raided by investment banks for covering their short positions. Naylor-Leyland writes: "Over the course of the life of CEF, the stock has traded as low as a 17-percent discount to net asset value and as high as a 30-percent premium. Indeed, the fund has traded at a premium to it
Friday, November 10, 2017
Bullion Vault
Gold Price +0.9, Silver Investment 'Weak' as $300m 'Kill' Hits Crypto
GOLD PRICE gains of 0.9% for the week so far held firm in London trade Wednesday as world stock markets flat-lined with bonds and commodities, and news spread that hundreds of millions of dollars held in crypto-currency Ethereum have been potentially lost by a developer "error". Between $150-300 million-worth of crypto-currency was either frozen or destroyed late Monday – depending on whose analysis you read – after
Thursday, November 9, 2017
Bullion Vault
Interest Rate Expectations 'Driving Gold Prices' as Fed Holds, BoE Hikes Yet Pound Sinks
GOLD PRICES held or rose near multi-week highs for most investors outside the US Dollar and Euro on Thursday, as the Bank of England followed the Federal Reserve's widely expected "no change" decision by raising UK rates off an all-time record low as analysts and traders had forecast. The Pound fell hard on the UK news, erasing all of this week's prior 2 cent gain to trade back at $1.3050 on what pundits called profit-taking.
Thursday, November 2, 2017
Jan Skoyles - GoldCore
  Stumbling UK Economy Shows Importance of Gold
– UK economy outlook bleak amid Brexit, debt woes and rising inflation – Confidence in UK housing market at five-year low – UK high street sales crash at fastest rate since 2009 – Number registering as insolvent in England and Wales hit a five-year high in Q3 – UK public finance hole of almost £20bn in the public finances set to grow to £36bn by 2021-22 – Protect your savings with gold in the face of increased financial woes in UK This week markets will be watching the UK with baited breath as
Wednesday, November 1, 2017
Sprott Money
Catalan Slaps the Government of Spain Across the Face, Officially Declares Independence - Nathan McDonald
UPDATE:That's how fast news on this situation is moving: as I just finished putting "digital ink" to "digital paper", the separatist region of Catalan has declared independence in the face of all the push back they are receiving from Spain. In the face of the veiled threats and potential violence, they have voted to embark down their own path. Following a vote by the Catalan parliament, speaker Carme Forcadell has the following to say; “We constitute the Catalan Republic as an independent and
Friday, October 27, 2017
Adam Hamilton - Zealllc
Fed/ECB Strangle Stock Bull
This epic central-bank-easing-driven global stock bull is starting to be strangled by the very central banks that fueled it.  This week the European Central Bank made a landmark decision to drastically slash its quantitative easing next year.  That follows the Fed’s new quantitative-tightening campaign just getting underway this month.  With CBs aggressively curtailing easy-money liquidity, this stock bull is in serious trouble. The US flagship S&P 500 broad-ma
Friday, October 27, 2017
Jan Skoyles - GoldCore
Gold Will Be Safe Haven Again In Looming EU Crisis
– Gold will be safe haven again in looming EU crisis – EU crisis is no longer  just about debt but about political discontent – EU officials refuse to acknowledge changing face of politics across the union – Catalonia shows measures governments will use to maintain control – EU currently holds control over banks accounts and ability to use cash – Protect your savings with gold in the face of increased financial threat from EU Editor: Mark O’Byrne When we talk about the Eurozone crisis we are us
Thursday, October 26, 2017
Bullion Vault
Gold Prices Hit 3-Week Low as UK GDP Makes Rate Rise a 'Done Deal', GOP Back Taylor Rule at US Fed
GOLD PRICES fell to the lowest in 3 weeks against all major currencies in London on Wednesday, falling as world stock markets rose after Wall Street set fresh all-time highs despite growing expectations of tighter central-bank policy in the US, UK and Eurozone. UK government Gilt yields jumped to their highest since February followed stronger-than-expected GDP growth for Q3, while US 10-year Treasury yields rose to fres
Wednesday, October 25, 2017
Mac Slavo - ShtfPlan
Federal Bureaucrats Have Millions Of Dollars Worth Of Guns And Ammo, Whom Are They Planning To Battle?
During the last two years of the Obama administration (Fiscal Year 2015 –  2016), law enforcement agencies such as the Department of Homeland Security spent $138 million on new guns and ammunition. But what’s strange, is that $20 million was spent on guns and ammunition for federal bureaucrats. Four notable examples of paper pushers and bureaucrats arming up, according to Forbes, are as follows: 1) The 2,300 Special Agents at the Internal Revenue Service (IRS) are now carrying AR-15’s, P90 tacti
Wednesday, October 25, 2017
Andy Hoffman - Miles Franklin
Taxing 113 out of 365 days
This past Sunday was the 31st anniversary of “The reform act of 1986” in which our 2 party system came together to help reduce the tax burdens piled on by previous governance.  It was the second tax relief and was most helpful in releasing more of the burden across the entire nation and at all levels of income. What it did in the layman’s term was reduce the number of days of paying tax. We are now at 113 days out of 365, before we enter the tax freedom days. This is the heaviest yoke on our nat
Tuesday, October 24, 2017
Sprott Money
David Morgan: Platinum, Palladium, or Rhodium - Maurice Jackson
David Morgan of the Morgan Report sits downs with Maurice Jackson of Proven and Probable to discuss anomalies currently in the Precious Metals sector. Specifically, we will be discussing Platinum, Palladium, and Rhodium. David will uncover the supply and demand fundamentals on mining, cost of production, utility, and ratios. Speculators will find some unique opportunities that these anomalies are creating. In addition, Mr. Morgan will address his thoughts on crypto-currencies. Are the
Sunday, October 22, 2017
Sprott Money
Banksters, Independence and Cryptos - Rory Hall
This has been my argument to cryptocurrencies from day one. In 2013 , when I was part of an interview with SGTReport and Justin O’Connell explained the NSA built the platform bitcoin lives on, I knew that this was not for me. Since I am not motivated by currency/money, as so many people in the “truth movement” seem to be, the fact that bitcoin and several other cryptos are making “new all time highs” is of no concern to me. It’s funny the crypto “truth-tellers” will bash the DJIA/S&P 500/R
Saturday, October 21, 2017
Przemyslaw Radomski CFA - SunshineProfits
Catalonia’s Suspended Autonomy and Gold
Spain’s central government said that it would suspend Catalonia’s autonomy on Saturday. What does it imply for the gold market? As we informed on Tuesday, Madrid set Thursday morning as the ultimate deadline for Catalonia to declare independence or its willingness to remain a part of Spain. But Catalan president Carles Puigdemont ignored the deadline and did not clarify his position. Instead, he wrote a letter to Rajoy, threatening with a formal declaration of independence in the regional parlia
Friday, October 20, 2017
Bullion Vault
Gold Prices Fall After Diwali as Trump's Tax-Cut Plans Boost Dollar
GOLD PRICES failed to hold yesterday's rally on Friday in Asian and London trade, heading for the 5th weekly loss in 6 as world stock markets rose and India's key gold-buying festival season of Diwali ended. Major government bond prices fell, pushing 10-year US Treasury yields up towards early October's 3-month highs at 2.36% after the Senate voted yesterday to approve President Trump's push for major tax cuts.
Friday, October 20, 2017
Jan Skoyles - GoldCore
Brexit UK Vulnerable As Gold Bar Exports Distort UK Trade Figures
– Brexit UK vulnerable as gold bar exports distort UK trade figures – Britain’s gold exports worth more than any other physical export – Gold accounted for more than one in ten pounds of UK exports in July 2017 – UK’s stock of wealth has collapsed from a surplus of £469bn to a net deficit of £22bn – ONS error – Brexiteers argue majority of trade is outside EU, this is due to large London gold exports – Single gold bar (London Good Delivery) is, at today’s prices, worth just over £400,000 – “Ther
Friday, October 20, 2017
Andy Hoffman - Miles Franklin
The Added Liquidity Caused By 2 Votes
We have been involved in one heck of a transition these past 5 quarters. Not only has the politically gamed background been forced up front and center for both party’s embarrassment, the intelligence agencies and foreign agreements (entanglements such as those of NATO, NAFTA, CAFTA et al.) are now totally open to full exposure speculation.  And boy the protestations coming from those that are finally being looked at are loud and obnoxious aren’t they? So much commotion is going on that it is rea
Wednesday, October 18, 2017
Andy Hoffman - Miles Franklin
The Central Planners Lullaby
We seem to be in a lull in market moving news, or is it more the gyrations within the market that have been put to sleep?  The question offers an implication that the exchanges and human emotions “used” to be connected, which in the past, these major events would have caused market fluctuations in price. It is most famously known as market volatility. We have mentioned previously how the damages to an entire string of islands and flooded land masses seem to mean nothing to the markets, but are t
Tuesday, October 17, 2017
Adrian Ash - Bullion Vault
LBMA 2017: Spain, Silver and 'Lower Forever'
Precious metals history and macro-outlook from LBMA conference... LITTLE so far on precious metals prices or supply and demand at LBMA 2017 here in Barcelona, writes Adrian Ash at BullionVault. Not directly at least. But the market itself cares little about price direction. The refiners, carriers, vaulters, dealers, brokers and bankers meeting at the London Bullion Market Association's annual conference focus instead on volumes, margin and – most of all – get
Monday, October 16, 2017