Silver as an investment

Category Archives: ecb

Will QE Prove the Needle That Bursts the Bond Bubble in 2018?

gainspainscapital.com / Graham Summers / December 22, 2017 If you wanted more evidence that Central Banks will stop at nothing to induce inflation, consider that yesterday Bank of Japan stated that it will continue with its QE program and with negative rates for as long as it takes to achieve 2% inflation. Mind you, Japan’s economy has […]

“In The End, There Was Absurdity” – The Great Crash Of 2018?

zerohedge.com / by Tyler Durden / Dec 20, 2017 12:55 PM Crises always take longer to arrive than you think, and then happen much quicker than they ought to. – Rudiger Dornbusch An eerie calm has taken over the world markets. Volatility is crashing, and economic and political shocks come and go without any noticeable effect on the asset […]

ECB Trapped: Steinhoff Liquidity Collapses As Lenders Pull Credit Lines

zerohedge.com / by Tyler Durden / Dec 19, 2017 11:15 AM When yesterday we discussed the latest troubles facing embattled retailer Steinhoff, whose bonds are owned by none other than the ECB, we said that while the company’s bonds mature in 2025, its bankruptcy is at most months away. In retrospect, and in light of the latest news, that may […]

What Happens to the $200 TRILLION Bond Bubble When Rates Normalize?

gainspainscapital.com / Graham Summers / December 14, 2017 I believe 2018 will be the year inflation arrives. The reason, as I’ve noted throughout mid-2017, is that multiple Central Banks, particularly the European Central Bank (ECB), Bank of Japan (BoJ) and Swiss National Bank (SNB) have maintained emergency levels of QE and money printing, despite the fact that globally the economy […]

Premium for Dollar-Funding is not Helping Greenback Very Much

marctomarket.com / by Marc Chandler / December 15, 2017 The cross-currency basis swap continues to lurch in the dollar’s direction, especially against the euro, and yet the dollar is not drawing much support from it.  The increasing cost reflects pressure for the year-end and does not appear to reflect systemic issues.  Dollar auction by the ECB […]

Asian Metals Market Update: December-14-2017

news.goldseek.com / By: Chintan Karnani, Insignia Consultants / 14 December 2017 Traders had priced in four interest rate hikes for next year. The Federal Reserve says three. This resulted in the US dollar falling and gold and silver getting a boost. All is not over. The European central bank and the Bank of England meetings can […]

A Gift From The Oldies

By Chris at www.CapitalistExploits.at I bumped into a friendly bloke at my local gym last week. Jim is his name. Jim tells me he just started because, and I quote, “my doctor says I’m going to die unless I do something”. Now, I assure you it doesn’t take a doctor to figure this out. One glance in […]

Bailins Coming In EU – 114 Italian Banks Have NP Loans Exceeding Tangible Assets

goldcore.com / By jan skoyles / December 5, 2017 Bailins Coming In EU – 114 Italian Banks Have NP Loans Exceeding Tangible Assets – Italy opposes ECB proposal that holds banks to firm deadlines for writing down bad loans – Italy’s banks weighed down under €318bn of bad loans – New ECB rules could ‘derail’ any recovery in […]

US Household Debt Is Rising 60% Faster Than Wages, And One Rating Agency Is Worried

zerohedge.com / by Tyler Durden / Nov 30, 2017 11:19 AM In a report released today by DBRS titled “Consumer debt and debt burden”, the rating agency which is best known for keep Italian debt eligible for ECB monetization at the peak of the European banking crisis, looks at the latest Quarterly Report on Household Debt and Credit issued by […]

US Dollar Comes Back Bid, but Brexit Hopes Underpin Sterling

marctomarket.com / by Marc Chandler / November 30, 2017 The US dollar is broadly firmer.   The rise in US yields yesterday has seen the greenback extend its recovery against the yen.  It briefly pushed through JPY112.40, after dipping below JPY111.00 at the start of the week, for the first time since mid-September.  Since the end of […]