09
Dec
2016

ECB ‘Bazooka’ Reloaded Until At Least December 2017 – Euro Gold Rises 1%; 13% YTD

ECB ‘Bazooka’ Extended – Will Buy EUR 60 Billion Per Month Until At Least December 2017 The ECB’s ‘Bazooka’ is back and ‘Super Mario’, the European Central Bank’s monetary magician did not disappoint QE addicted markets yesterday by extending ultra loose monetary policies and quantitative easing until at least December 2017. The euro fell and gold rose […]

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08
Dec
2016

UK £6 Billion Worse Off After Multi Billion Pound Gold “Accounting Error”

Oops! Experts’ £6 Bln blunder sends UK trade deficit soaring UK failed to measure huge imports of gold coins and bars after Brexit vote By Philip Aldrick Economics Editor The Times, London Britain’s trade deficit with the rest of the world is £6 billion larger than previously thought — and at a record high — […]

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07
Dec
2016

Buy Silver – May Replace Gold As Money In India

Buy Silver – May Replace Gold as Preferred Money of India Silver replacing gold as India’s preferred investment option again after 100 years? by Fergal O’Connor, Senior Lecturer in Finance, University of York The Indian government has been trying to reduce its citizens’ demand for imported gold through a number of means over the last […]

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06
Dec
2016

Shariah Gold Standard Approved for $2 Trillion Islamic Finance Market

Shariah Gold Standard Approved for $2 Trillion Islamic Finance Market by Jan Skoyles, Editor Mark O’Byrne The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) and the World Gold Council have made an important decision which was announced yesterday at the World Islamic Banking Conference in Bahrain. This decision is about one of the most […]

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05
Dec
2016

Potential “Systemic Crisis In Eurozone” After Italy Votes No, Renzi Resigns

Italy Votes No, Renzi Resigns – Potential “Systemic Crisis In Eurozone” Italy’s Prime Minister Matteo Renzi has said he will officially resign Monday, after voters apparently rejected his proposals for constitutional reform. What should investors keep an eye out for after his defeat? Although the referendum on Sunday was officially on Renzi’s plan for legislative […]

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02
Dec
2016

Gold and Silver Will Protect From Coming Financial Crash – Rickards

Gold and silver coins will protect from the coming financial crash – James Rickards, author of The Road to Ruin told Sean O’Rourke in a must listen to RTE Radio interview this week. Rickards is the best selling author on finance and money and advises the US intelligence community on international economics and financial threats. His advice […]

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01
Dec
2016

Blockchain Technology – What Is It and How Will It Change Your Life?

Blockchain technology – What is it? Latest developments – Royal Mint Gold & CME, Goldman Sachs and Santander Why do we need it? It’s about value Blockchain is an extension of economics Blockchain allows us reduce uncertainty and risk How will it change your life? By @Skoylesy . Editor @MarkTOByrne For those of you who follow […]

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30
Nov
2016

RBS Fail Bank of England Stress Test

Ulster Bank Parent RBS Fails Bank of England Stress Test “Royal Bank of Scotland (RBS)(RBS.L) will cut costs and sell assets to boost capital levels, it said on Wednesday after failing this year’s Bank of England stress test, which warned of a “challenging” outlook for Britain’s financial system. The state-backed lender rushed out a statement […]

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29
Nov
2016

Peak Silver – Supply Deficits Mean Higher Prices

Peak Silver – Supply deficits continue meaning higher prices May have experienced a peak in world silver production Global silver market suffered another large net supply deficit in 2016 Peak silver likely as global silver production will decline to 887 million oz (Moz), down from 893 Moz in 2015 “While forecasted global silver production for […]

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28
Nov
2016

Bail In Risk – €4 Trillion Banking System In Italy Poses Contagion Risk as Referendum Looms

Bail in risk – €4 Trillion Italian banking system at risk as referendum looms Sunday according to Financial Times Concerns of multiple bank failures – Eight banks at risk of failure and bail ins Monte dei Paschi di Siena, third largest by assets and mid-sized banks Popolare di Vicenza, Veneto Banca and Carige and four smaller banks […]

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