Category Archive: 6a) Gold and its Price
The Undemocratic Nature of TTIP
Mounting Resistance Thousands of people recently demonstrated in Brussels against free trade deals negotiated by the EU. This happened just days before a meeting of EU trade ministers in Bratislava last Friday, which was considered the last push to salvage the Transatlantic Trade and Investment Partnership (TTIP) between the EU and the United States.
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Crimea: Digging For The Truth
This summer witnessed a renewed escalation between Russia and Ukraine after Russian President Vladimir Putin accused Ukraine of sending saboteurs to attack Russian troops, targeting βcritical infrastructureβ. Kiev denied the allegations and claimed Russiaβs βfantasyβ was nothing but a false pretense to launch a βnew invasionβ.
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Gold Withdrawals From The NY Fed Accelerate, Hit 388 Tons Since 2014
First it was Germany who redeemed 120 tons of physical gold from the NY Fed in 2014; then it was the Netherlands who "secretly" redomiciled 122 tons of gold; then last May, we learned that Austria would be the third "core" European nation to repatriate most of its offshore gold, held primarily in the Bank of England, redepositing it in Vienna and Switzerland.
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Loose Monetary Policy and Social Inequality
It has been almost eight years since former U.S. President George W. Bush warned the world that βwithout immediate action by Congress, America could slip into a financial panic and a distressing scenario would unfold.β The governmentβs response to the crisis was a USD700 billion rescue package that was supposed to prevent U.S. banks from collapsing and encourage them to resume lending, which was soon to be followed by a series of Quantitative...
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BullionStar Perspectives: Bron Suchecki β Intricacies between the Physical and Paper Gold Market
Bron Suchecki shares his insights on how some gold is flowing back to the West in early 2016 and clarifies the nuances of the relationship between the physical gold market and the paper gold market.
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Will Ireland Be First Country In World To See Bail-in Regime?
Deposit bail-in risks are slowly beingΒ realised in Ireland, after it emerged overnightΒ that FBD, one of Ireland's largest insurance companies, have been moving cash out of Irish bank deposits and into bonds.
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Real vs. Nominal Interest Rates
Calculation Problem. What is the real interest rate? It is the nominal rate minus the inflation rate. This is a problematic idea. Letβs drill deeper into what they mean by inflation. You canβt add apples and oranges, or so the old expression claims. However, economists insist that you can average the prices of apples, oranges, oil, rent, and a ski trip at St. Moritz.
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