Silver as an investment

Category Archives: "currency wars"

Everything You Need to Know About Currency Wars / by Craig Wilson via The Daily Reckoning / March 14, 2017 Currency wars can best be defined as a “competitive devaluation” of a national currency. Think of currency wars as the purest form of competitive devaluation for financial warfare purposes. Under such conditions the value of currency can be a “make or break” for a national economy. […]

Russia Gold Buying In October Is Biggest Monthly Allocation Since 1998 / By Mark O’Byrne / November 23, 2016 Russia gold buying accelerated in October with the Russian central bank buying a very large 48 metric tonnes or 1.3 million ounces of gold bullion. *** This is the largest addition of gold to the Russian monetary reserves since 1998 and could be seen as a parting ‘gift’ by […]

Currency Wars Re-Escalate As Bank Of Korea Eases To Record Low Rate With Surprises Rate Cut

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. / by Tyler Durden / Jun 8, 2016  With the 655th rate-cut globally since Lehman, the Bank of Korea stunned the market tonight and cut rates 25bps to 1.25% (a record low). Only 1 of 18 economists expected a rate cut […]

“The BoJ’s NIRP Will Result In More Currency Wars And Global Growth Slowdown”

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. / by Tyler Durden / 01/29/2016 03:23 -0500 As reported previously the Bank of Japan, which not even the most optimistic central bank watchers had expected would unleash anything remotely as aggressive to prevent price discovery, stimulate asset prices and boost […]

Migrant Crisis Has Europe Shaking On Its Foundations: “Only Alternative To EU Is War”

This article was written by Tyler Durden and originally published at Zero Hedge. Editor’s Comment: The EU is now asserting its authority as an instrument of stability, and telling member states to fall in line, lest more severe consequences should arise – namely war. Does this amount to a threat, or do EU bureaucrats merely […]

Markets On Hold Awaiting The Fed’s Non-Announcement As Central Banks Ramp Up Currency Wars / by Tyler Durden / 10/28/2015 07:00 -0400 We would say today’s main event is the culmination of the Fed’s two-day meeting and the announcement slated for 2 pm this afternoon, however with the 90 economists polled by Bloomberg all expecting no rate hike, today’s Fed decision also happens to be the least anticipated in years […]

Canada Joins the Currency Wars / by Norman Mogil via SOBER LOOK / 09/08/2015 Devaluation is now the preferred tool to reinvigorate slowing economy. On a traded-weighted basis, the US dollar is at its highest level in over a decade. Resource-based countries have seen their currencies tumble by as much as 25% and manufacturing-based economies as much as 20% in the last 12 months. The […]

Gold Set for Best Month Since January as Stock Market Rout Lifts Safe Haven / By Mark O’Byrne / August 31, 2015 August has been a tumultuous month with stocks seeing sharp losses and gold has again protected investors from sharp losses. Gold has had a 3.36% gain for the month so far (see table below). Gold is on track for the best monthly advance since January after most market […]

Gold Price Rises After Currency Wars Reignite As China Devalues / By Mark O’Byrne / August 12, 2015 DAILY PRICES Today’s Gold prices were USD 1,116.80, EUR 1003.23 and GBP 717.18 per ounce. Yesterday’s Gold prices were USD 1,113.25, EUR 1008.97 and GBP 713.74 per ounce. [LBMA AM prices] *** Gold in USD – 1 Year Gold and silver rose on the COMEX yesterday – up 0.5% […]

CNBC’s Alfred E. Neuman Luncheon Club—–Beyond Clueless / by David Stockman / August 11, 2015 I just heard one of CNBC’s cheerleaders admonishing viewers not to worry about China’s full-on plunge into currency wars. You see, the US is growing strongly at 2-3% in the second half, jobs just keep on coming, and, besides, the USA is completely “decoupled” from whatever troubles […]