Archive - May 18, 2015 - Blog entry
European Bank Bail-ins? Banks 'As Vulnerable Today' As Before 2008 Crisis
Submitted by GoldCore on 05/18/2015 15:01 -0500New research shows that European banks are as likely to fail today as they were preceding the global economic crash 7 years ago. Bail-ins are now the rule.
Why Central Banks HATE Cash and Will Begin to Tax It Shortly
Submitted by Phoenix Capital Research on 05/18/2015 12:27 -0500As far as the Central Banks are concerned, this is a good thing because if investors/depositors were ever to try and convert even a small portion of this “wealth” into actual physical bills, the system would implode (there simply is not enough actual cash).
Gold is Breaking Out Against the Euro and Yen… is the US Dollar Next?
Submitted by Phoenix Capital Research on 05/18/2015 08:47 -0500The Greek mess has lit a fire under Gold again, which appears to have bottomed in both the Euro (blue) and the Japanese Yen (red). The one exception is Gold priced in US Dollars mainly because the US Dollar has been so strong for much of the last 9 months.
World’s Worst Economies
Submitted by Pivotfarm on 05/18/2015 08:43 -0500It takes a lot to kick a dying ailing man in the guts as he is already agonizing on the floor, but nobody wants to do it to poor old Uncle Sam, do they?
Platinum Bullion Stocks To Be Completely Depleted?
Submitted by GoldCore on 05/18/2015 06:33 -0500The World Platinum Council do not believe that platinum stocks will be completely depleted and reach zero because the amount includes long term holdings by private investors, sovereign wealth funds and hedge funds. It said that stocks typically held in vaults, excludes ETFs.
Falling Yield, Rising Asset
Submitted by Gold Standard Institute on 05/18/2015 00:58 -0500There's little interest, forcing retirees to spend down their principal. It's no accident, as Keynes called for the “euthanasia of the rentier.” Fed Chair Yellen is a New Keynesian.
