Silver as an investment

Category Archives: European Commission

Sharing Risks To Counter Germany’s Plans Seeing Target2 Collaterilazation With Gold Reserves

Marcello Minenna, a division head at the Italian securities regulator, emailed his plan to "Cure the Eurozone". Despite being quite soft (there will not be permanent transfers between Member States), the recent proposals of the European Commission to deepen integration in the economic and monetary union could meet the opposition of Germany as soon as […]

Key Events In The Last Week Before Christmas

It might be the last full week before Christmas – with both newsflow and trading volumes set to slide substantially – but there’s still a few interesting events and data releases to look forward to next week. Among the relatively sparse data releases schedule, we get US GDP, core PCE, housing and durable goods orders […]

Key Events In The Coming Week: Jobs, Brexit, PMI, IP And More

The first full week of December is shaping up as rather busy, with such Tier 1 data in the US as the payrolls report, durable goods orders and trade balance. We also get UK PMI data and GDP, retail sales across the Euro Area, as well as central bank meetings including Australia RBA and BoC […]

Denmark’s New Law Could Block Nord Stream 2

Authored by Zainab Calcuttawala via OilPrice.com, A new law passed by the Danish government could authorize regulators to block the passage of the Russian Nord Stream 2 gas pipeline on security or foreign policy grounds, according to a new report by Reuters. Under previous laws, the two reasons above would not have constituted valid grounds […]

From The Caucasus To The Balkans, China’s Silk Roads Are Rising

Authored by Pepe Escobar via The Asia Times, With its focus on Central Asia and Eastern Europe, the Belt and Road Initiative can be seen as fulfilling a strategy of challenging the West that can be traced back to Mao… The 19th Chinese Communist Party Congress made it clear that the New Silk Roads – […]

Cable Crumbles After Government Denies Telegraph Report On Brexit Divorce Bill Agreement

Update: That did not last long. Shortly after The Telegraph report hit the wires, AP reports that Brexit talks between the UK and European Union are continuing as officials played down suggestions that a deal has been reached on the so-called divorce bill.  Reports suggested an agreement in principle has been reached which would see […]

George Responds To Hungary’s “Massive Anti-Soros Propaganda Effort”

Over the past several months we’ve frequently noted the devolving relationship between Hungarian Prime Minister Viktor Orban and billionaire financier George Soros.  Tensions escalated last month when Orban took it upon himself to mail a Soros-related questionnaire to all 8 million Hungarian voters (see: Hungary Launches Anti-Soros Political Campaign) and then followed that up with […]

Putin Blamed For Poland’s Bust-Up With Brussels

Russia-gate blame-scaping is accelerating across Europe… and now it is being embraced by none other than European Council President Donald Tusk. In what is an unprecedented attack by an EU leader on a member state’s sitting government, Bloomberg reports that Tusk explicitly suggests the ruling Law & Justice party is merely a 'puppet of Putin' […]

EU Creates New Defense Pact To Reduce Dependence On US

Authored by Andrei Akulov via The Strategic Culture Foundation, The EU on Nov.13 officially launched a new era in defense cooperation with a program of joint military investment in equipment, research and development, known as permanent structured cooperation, or PESCO. Foreign and defense ministers gathered at a signing ceremony in Brussels to represent 23 EU governments […]

Cable Dumps’n’Pumps As EU Official Says No Brexit Talks Breakthrough

Brexit talks yielded no breakthrough on the financial settlement, and discussions focused on the issue of citizens’ rights, where the two sides are hoping for progress, an EU official told reporters. Bloomberg notes that the anonymous official added that no breakthrough was expected on the bill, as that would require high-level political input, and as […]