Silver as an investment

Category Archives: Sovereign Risk

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 […]

Stocks Sink On ‘Quad Witch’ As Dollar Suffers Worst Week In 8 Months

One. Big. Squeeze…   It was quite a week for 'uncertainty' as Europe's VIX crashed to record lows, and FX and Rate vols plunged after the Fed move and Dutch elections…   Small Caps were the week's biggest winners (and Trannies the losers)… The Dow clung to the week's gains   Financials had the 2nd […]

Gold Jumps To 3-Month Highs Amid China Tightening, Europe Turmoil, & Trump

OK – so, China tightens (worried about leverage), European sovereign risk spikes (Election uncertainty everywhere), Yen surges (BOJ tested again), gold spikes, Treasury yields tumble.. but US stocks are flat and VIX tumbles…   Off the post-Fed-rate-hike dip, Gold is up almost 10%, Dow's flat, and bonds are up…   Chinese stocks sank overnight after […]

Gold Spikes As European Election Anxiety Spreads

We're gonna need more "whatever it takes"… Merkel is under election pressure in Germany as economic uncertainty soars…   and German sovereign risk has spiked to its highest since Brexit this last week…   And DAX is slipping.. Stoxx 600 falls 0.5%, hitting session’s low, with FTSE MIB down 1.8% and DAX 1.1% lower.  Banking […]

German Default Risk Spikes To Highest Since Brexit As Merkel Lead Plunges To Multi-Year Low

Germany’s Social Democrats narrowed the gap with Chancellor Angela Merkel’s bloc to the closest in more than four years, reinforcing a poll bounce after they chose outsider Martin Schulz to challenge Europe’s longest-serving leader. As Bild reports, the 6-point surge in opposition support was the biggest ever recorded for the party… and may explain why […]

What Happens Next In Italy: Here Is Goldman’s Take

While the market overcame its initial scare following yesterday’s counter-establishment Italian referendum vote, and European stocks proceeded to not only make up all losses, but soar in the overnight session by the most since Trump’s presidential victory, what happens next in Italy is largely unknown. What follows are Goldman’s snap thoughts on the Italian next […]

Raoul Pal: Business Cycle Tinder For A Global Banking System Fire

Submitted by Aaron Chan via MacroVoices.com, This week, Raoul Pal, founder of Real Vision TV and Global Macro Investor, joined the MacroVoices podcast for a full-length feature interview wherein he sweeps through a plethora of convergent global financial issues. In addition to his thoughts on his long U.S. dollar thesis, the recent sell-off in bonds, gold, central bank policy, and […]

The Secret Global Court: Why Corporate Criminals & Corrupt Politicians Desperately Want TPP

Submitted by Mike Krieger via Liberty Blitzkrieg blog, Obama needs to ensure he gets well compensated after leaving office for a job well done protecting, defending and further enriching the global oligarch class. This is precisely why he’s so adamant about passing the TPP during the upcoming lame duck session of Congress, when he knows “representatives” who no longer […]

Is Portugal The Next “Shoe To Drop” In Europe?

The fate of Portugal rests in the hands of DBRS, the last remaining credit rating agency assigning an investment grade rating to its sovereign debt (Fitch, Moody's and S&P have all lowered the country's debt rating to junk).  Due to a requirement that participant countries have an IG rating from at least 1 rating agency, […]

European Bank Stress Test Preview: What To Expect And How To Trade It

While the main event in today’s European bank stress test was leaked moments ago, when Monte Paschi board member Turicchi said that the bank has finalized a bank consortium for a critical capital hike, suggesting that contrary to last minute jitters the bank has found the needed number of willing banks to provide €5 billion […]