Monthly Archives: February 2016

29
Feb
2016

Irish Bonds Fall as Election Creates Political and Economic Uncertainty

Irish bonds fell today and the yield on ten-year Irish bonds rose to 0.908 pc, up from 0.891 pc in early trading this morning after a divisive general election and inconclusive result threw Irish politics into disarray and created considerable political and economic uncertainty. Irish 10 Year Government Bond – 1 Day (Bloomberg) The nation […]

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26
Feb
2016

“Buy Gold” As “Insurance Is Warranted” – Deutsche Bank

Buy gold as “insurance is warranted” Deutsche Bank have advised in a note issued today. The embattled German bank has said that rising economic risks and market turmoil mean investors should buy gold for insurance. Market Performance – 2016 YTD via Finviz.com  “There are rising stresses in the global financial system; in particular the rising […]

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24
Feb
2016

It’s Us – Not Politicians Or Rich People – Who Create Jobs And Drive Economy

When business lobbies warn that voting Left would lead to a period of political instability that would hurt the economy, it’s easy to understand cynicism from the Left-wing parties. Someone should remind business lobbies, corporations and banks that it was the people at the commanding heights of banks and business who ruined the economy last time. […]

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23
Feb
2016

Allocations To Gold Should Be “Increased To 20 Percent”

Slowing economic growth globally has led for some rough days on Wall Street lately. The Dow Jones industrial average and the Standard & Poor’s 500 index are both down by 6 percent so far this year. It’s sometimes hard to figure out where to park one’s money during an economic downturn. Still, analysts have a […]

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22
Feb
2016

Silver and Gold Will Protect From Coming Bail-Ins

Josh Sigurdson and John Sneisen of World Alternative Media interviewed Mark O’Byrne, co-founder of GoldCore, late last week. The value of silver and gold during bail-ins and in a financial crisis was covered and other topics covered included – History of gold and silver as money – How gold retains value while paper money always reverts […]

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19
Feb
2016

“Own Some Solid Currency, In Other Words … Gold” Warns Faber

“Leave a million dollars with a bank, and in a year, you get only something like $990,000 back,” Marc Faber, respected publisher of the Gloom, Boom & Doom Report, told Bloomberg by phone yesterday. “I would rather want to own some solid currency, in other words … gold” warned Faber. Gold bears for years fed off […]

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18
Feb
2016

ABN AMRO Predict Gold At $1,300 By Year End, Up From $900

Gold is holding solidly above $1,200, brushing off news of the freshly released Fed minutes. Iranians cautiously welcome the Saudi-Russian oil production pact, while stating that they support cooperation to achieve higher oil prices, they also have domestic pressure to ramp up export of supply and cash in after years of being locked out of the […]

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17
Feb
2016

Gold Stabilises Above $1,200; Asia Markets Run Out Of Steam

Global economic turmoil continues to rumble on as major economies seek to come to grips with a changing monetary environment, sagging growth, low inflation, pockets of deflation and uncertainty over the future of Europe post Brexit. Japanese shares sold off after their gains on Monday, falling 1.8% in today’s trading sessions. European shares rising 1.6% this […]

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16
Feb
2016

Euro Bond Crisis Returns As Germany Pushes Euro Sovereign Debt Bail-in Clause

European Banks holding European sovereign debt may have to take haircuts and be part of bail in plans should that same debt default, according to a plan being pursued by German government advisers. In another attempt to shelter German tax payers from the largess and excess of fellow European neighbouring countries’ national banks, the move […]

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15
Feb
2016

Gold Price Pulls Back As “Bad Actor” Fed Signals Slower Rate Hike Cycle

Volatility, loss of confidence and central bank impotence stalk the capital markets. Gold pulls back in an expected retrenchment. Equity markets are still digesting what the world looks like: absence of a strong Chinese domestic economy, developing economies losing their easy credit, oil prices adjusting to demand levels indicative of economic activity and, most tragically, the […]

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