Silver as an investment

Category Archives: Lloyds

It’s A Wonderful Life Is A Wonderful Lesson To Hold Gold Outside of The Banking System

It’s A Wonderful Life Is A Wonderful Lesson To Hold Gold Outside of The Banking System – Christmas film serves as reminder that savings are not guaranteed protection by banks– Savers are today more exposed to banking risks than ever before– Gold and silver investment reduce exposure to counterparty risks seen in financial system– Basket […]

Financial Times Survey: Banks’ Brexit Relocations By March 2019 Much Lower Than Feared

In the run-up to the recent agreement on phase I of Brexit, there was mixed news on the extent to which jobs in the City of London would be relocated to other European hubs, primarily Frankfurt. On one hand, we discussed the meeting between US Commerce Secretary, Wilbur Ross, and executives of JPM, Goldman, HSBC […]

Risk Of Online Accounts Seen As One of Largest Brokerages In World Temporarily Halts Online Trading After “Glitch”

– ‘Technical issue’ at Fidelity blocks access to online accounts, stops online trading– Fidelity is 3rd largest brokerage by client assets: $1.7 trillion at the end of 2016– NatWest, RBS, Ulster Bank  have experienced online banking “issues” in November– Clients left without access to funds & failed payments & little to no recourse– Social media exposing […]

ECB Preview: Here’s What Draghi Will Announce Today

Today’s ECB meeting is expected to be one of the most important in recent years: Mario Draghi has signaled, and is widely expected to announce a blueprint of what the central bank’s QE tapering will look like beyond 2017, and while no actual tightening will be implemented – either via rates of asset purchases – […]

Frontrunning: October 24

Corker Tells Trump to Stay Out of the Tax Debate (BBG) Food fight? After spats on Twitter, Trump’s having lunch with Senate Republicans (McClatchy) As ‘New Era’ Dawns, Xi’s Party Stays Out of the Sun (WSJ) China enshrines ‘Xi Jinping Thought’, key Xi ally to step down (Reuters) U.S. Set to Resume Admitting Refugees but […]

Previewing The September “Hurricane-Disrupted” Jobs Report

Tomorrow’s hurricane-affected September jobs report will be… confusing. That is the (lack of) consensus from Wall Street analysts, who expect an average print of 80,000 (down from the 3-month average of 185K), however with huge variance on either side, with 4 economists predicting a loss of jobs, three expecting a print higher than 150K and […]

Gold Hedges Against Currency Devaluation and Cost Of Fuel, Food, Beer and Housing

Gold Hedges Against Currency Devaluation and Cost Of Fuel, Food, Beer and Housing  – Gold hedge against currency devaluation – cost of fuel, food, housing– True inflation figures reflect impact on household spending– Household items climbed by average 964%– Pint of beer sees biggest increase in basket of goods – rise of 2464%– Bread rises 836%, […]

Barclays, Former CEO Criminally Charged Over Qatar Fundraising

Two familiar names are in the news this morning, after the UK’s Serious Fraud Office filed criminal charges against Barclays Plc and four former executives, including former CEO John Varley, for conspiracy to commit fraud regarding the bank’s 2008 capital raising from Qatar. The SFO said Tuesday that former Chief Executive Officer John Varley, former […]

Frontrunning: June 2

Strong U.S. job growth expected in May; wage rise seen moderate (Reuters) Trump’s Paris Exit Leaves Him Isolated From C-Suites to Capitals (BBG) Critics lament Trump climate move, supporters seek new deal (Reuters) Musk, Iger to quit Trump advisory councils after Paris accord decision (Reuters) Yuan Forecasters Getting It Wrong as China Jolts Markets (BBG) […]

Frontrunning: May 18

FBI’s Russia Probe Gains Credibility With Mueller In Charge (BBG) Trump storm hits stocks again but dollar steadies (Reuters) Flynn stopped military plan Turkey opposed – after being paid as its agent (McClatchy) Kremlin declines to comment on probe of Trump ties with Russia (Reuters) Trump To Announce $350bn Saudi Arabia Arms Deal – One […]