Silver as an investment

Category Archives: ecb

Let’s Have a Look at the Great Bull Market of 2017 / Dr. Fly / Mar 20, 2017 4:02pm EST We’ve definitely run into some resistance as of late. Part of the recent reticence in stocks is due to the Nov-Dec rally, post election, which caught everyone off guard. Now we’re digesting recent gains, sitting around doing nothing, while Mother Market decides where to take us next. […]

Gold Soars Most Since Brexit As Stocks, Bonds Stumble / by Tyler Durden / Mar 16, 2017 4:04 PM It seems Yellen’s desperate attempt to tell the world that the US economy is doing fantastic BUT not well enough to raise rate more than 3 times appears to have let stocks hope down. Combine that with ECB comments and uncertainty over Trump’s budget and the political […]

Are Germans About to Be Made to Pay for Their Love of Cash? / by Don Quijones / Mar 12, 2017 The ECB would do so at its own peril. Germany loves physical money. According to a Bundesbank study, approximately 80% of payments in Germany are made in cash. Even among millennials, two-thirds say they prefer paying in cash to electronic means, a much higher level than in almost […]

March ECB Meeting and Gold / ARKADIUSZ SIEROŃ / MARCH 10, 2017 Yesterday, the European Central Bank released its most recent monetary policy statement. What does it imply for the gold market? The ECB meeting has probably been the most important event this week so far. The Governing Council decided that the interest rate on main refinancing operations and the interest rates […]

Rising Target2 Balances and Gold / ARKADIUSZ SIEROŃ / MARCH 8, 2017 In January, the Eurozone’s Target2 balances have reached the highest level since the crisis in 2012 when Greece was on the edge of leaving the common currency bloc. What does it mean for the Eurozone and the gold market? Some analysts have recently noted the growing Target2 balances. In short, […]

BIS Admits TARGET2 Is A Stealth Bailout Of Europe’s Periphery / by Tyler Durden / Mar 6, 2017 12:13 PM While debates over the significance of the Eurosystem’s TARGET2 imbalances may have faded into the background now that sovereign yields in the Eurozone remains broadly backstopped by the ECB’s debt monetization generosity, and fears about an imminent European breakdown fall along the lines of populist votes more […]

Draghi & ECB Want to Regulate British Banks doing biz in the Eurozone / by Martin Armstrong /  Mar 4, 2017 The ECB is living itself in La La Land. It is demanding that British Banks wishing to do business inside the Eurozone after BREXIT must obtain a license. While this is the same type of requirement for any foreign bank seeking to do business in the USA, […]

Eurozone Capital Flight Intensifies: Target2 Imbalances Widen Again / Mike “Mish” Shedlock / March 3, 2017 A quick perusal of Target2 Balances for January shows capital flight from Italy and Spain to Germany intensified again. German target2 imbalances exceed levels hit in the Eurozone crises in 2012. Things improved considerably after ECB president Mario Draghi made his famous statement “Within our mandate, the […]

Revenge: Former Italian Prime Minister Seeks to Destroy the Euro / Mike “Mish” Shedlock / March 2, 2017 Former Italian prime minister Silvio Berlusconi resigned in 2011 in the midst of a eurozone crisis after the Italian parliament voted for austerity measures. He blames then ECB president Jean-Claude Trichet for his ouster. Berlusconi was replaced by a technocrat Mario Monti, the first of four consecutive Italian […]

Is the Euro About to Rally to 120? / Graham Summers / March 2, 2017 The biggest trade in the world is staring everyone in the face. According to a Bank of America/ Merrill Lynch fund manager survey, the US Dollar is the single most crowded trade on the planet. *** In a fiat world, the value of a given currency is based on […]