Silver as an investment

Category Archives: ecb

S&P Futs Near All Time High On Strong Euro Data; Oil Drops On Trump’s SPR Sale Plans

zerohedge.com / by Tyler Durden / May 23, 2017  7:05 AM S&P futures rose alongside European stocks as Asian shares posted modest declines. The euro set a new six-month high and European bourses rose as PMI data from Germany and France signaled that the ECB will have to tighten soon as Europe’s recovery remains on track, with the […]

It’s Really Crazy What This ECB Has Wrought

wolfstreet.com / by Wolf Richter / May 14, 2017  In the land of NIRP refugees and “Reverse Yankees,” who will get crushed? At the end of the week, something special happened, something totally absurd but part of the new normal: the average yield of euro-denominated junk bonds – the riskiest, non-investment-grade corporate bonds – dropped to the […]

Ticking, (Short-Fuse) Time Bombs For The “Challenging” Central Banking Industry

milesfranklin.com / by Andrew Hoffman / May 9, 2017 In yesterday’s “who’s more bullish for Precious Metals – Macron or Le Pen?,” I started with nearly five pages of cold, hard facts – proving across-the-board market manipulation of essentially all Western markets.  Which, for the sole purpose of prolonging a terminally ill monetary status quo – in […]

“Brexit Is A Time Bomb…” UBS Chairman Warns “Europe’s Not Out Of The Woods With Macron Win”

It appears the chairmen of UBS have plenty to say on Europe.Following former UBS chairman Peter Kurer's comments that "to the elites, the EU is a means to get rich quickly and export their problems," UBS current chairman Axel Weber has warned bankers that Europe is not "out of the woods" from its political risks […]

Macron And Le Pen Move To The 2nd Round: What Happens Next, According To Goldman And Citi

zerohedge.com / by Tyler Durden / Apr 23, 2017 5:11 PM Most of the results are in, and while it remains close, Macron will likely be the winner of the first French presidential round and is set to face Marine Le Pen in the runoff. What does that mean for various asset markets and the bigger macro picture?  […]

We’re All Yen Traders Now

Authored by Kevin Muir via The Macro Tourist blog, Today’s post will have no answers. I am not sure anyone truly understands the strange day to day squiggles of the increasingly intertwined global financial system, but I wanted to highlight a relationship that cannot simply be monkeys typing Shakespeare. Let’s start with the market developments […]

Softening Eurozone Inflation and Gold

sunshineprofits.com / ARKADIUSZ SIEROŃ / APRIL 5, 2017 The inflation rate in the euro area fell in March. What does it mean for the gold market? Euro area annual overall inflation is expected to be 1.5 percent in March. It means a decline from 2 percent in the previous month, as one can see in the chart […]

Spain’s Most Italian Bank Still “Solvent,” Claims Finance Minister

wolfstreet.com / by Don Quijones / Apr 4, 2017 It just doesn’t let up with this bank. The future continues to look bleak for Spain’s most Italian bank, Banco Popular, which ironically once bore the slogan “Our Past and Our Present Guarantee Our Future.” Things have gotten so bad that when the country’s Minister of Finance Luis de […]

Breslow: “The Pain Trades Are Giving Traders Headaches”

Richard Breslow, former fund manager who currently writes for Bloomberg, starts of the week with a recap of how traders are reacting to the so-called key pain trades, and refuse to accept a shift in sentiment when it comes to the “dovish yet hawkish” Fed or the “hawkish yet dovish” ECB. The Pain Trades Are […]

Frothy and Anti-Frothy

milesfranklin.com / By Andrew Hoffman / Mar 30, 2017 I just got home, just as the markets were closing with LOL, gold at exactly its 200 week moving average of $1,252/oz; and silver, at $18.20/oz a mere $0.10/oz from its own.  Trust me, the Cartel is not happy; as after yesterday’s farce of a “12:00 cap of […]