Tag Archive: Belgium

New Gold Pool at the BIS Switzerland: A Who’s Who of Central Bankers

2017-06-13

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2017-06-13

Bank for International Settlements (BIS) Headquarters
A central bank Gold Pool which many people will be familiar with operated in the gold market between November 1961 and March 1968. That Gold Pool was known as the London Gold Pool.

Sweden’s Gold Reserves: 10,000 gold bars (pet rocks) shrouded in Official Secrecy

2017-04-28

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2017-04-28

In February 2017 while preparing for a presentation in Gothenburg about central bank gold, I emailed Sweden’s central bank, the Riksbank, enquiring whether the Riksbank physically audits Sweden’s gold and whether it would provide me with a gold bar...

Euro Saves Germany, Slaughters the PIGS, & Feeds the BLICS

2017-04-06

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2017-04-06

European Population vs. Total Europe Energy Consumption
The change in nations Core populations (25-54yr/olds) have driven economic activity for the later half of the 20th century, first upward and now downward. The Core is the working population, the family forming population, the child bearing population,...

The Market Has Its Head Buried Deep In The Sand

2017-03-30

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2017-03-30

shutterstock
Several “black swans” are looming which could inflict a financial nuclear accident on the U.S. markets and financial system. I say “black swans” in quotes because a limited audience is aware of these issues – potentially catastrophic problems that are...

Martin Armstrong: “EU in Disintegration Mode”

2017-02-11

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2017-02-11

Net migration into Germany, 2006 - 2015
Famous market forecaster Martin Armstrong wrote a recent article describing the current situation in Europe. Similar to our article, “Trouble Brewing in the EU”, the Armstrong's piece discusses growing discontent and fractures in the E.U. Martin...

Trump Is Set To Label China A “Currency Manipulator”: What Happens Then?

2017-01-11

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2017-01-11

China - BoP
While China has been banging the nationalist drums in its government-owned tabloids, warning daily of the adverse consequences to the US from either a trade war, or from Trump's violating the "One China" policy, a more tangible concern for...

European Central Bank gold reserves held across 5 locations. ECB will not disclose Gold Bar List.

2016-11-17

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2016-11-17

Eurozone
The European Central Bank (ECB), creator of the Euro, currently claims to hold 504.8 tonnes of gold reserves. These gold holdings are reflected on the ECB balance sheet and arose from transfers made to the ECB by Euro member national central banks,...

When It Comes To Household Income, Sweden & Germany Rank With Kentucky

2016-11-01

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2016-11-01

Welfare
Last year, I posted an article titled "If Sweden and Germany Became US States, They Would be Among the Poorest States" which, produced a sizable and heated debate, including that found in the comments below this article at The Washington Post. The...

Central Bank Austria Claims To Have Audited Gold at BOE. Refuses To Release Audit Report

2016-10-27

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2016-10-27

Gold Storage Policy of the Oesterreichische Nationalbank
After years of gradually securing its official gold reserves (unwinding leases) the central bank of Austria claims to have completed the audits of its 224 tonnes of gold stored at the BOE. However, it refuses to publish the audit reports and the gold...

Will The ECB Buy Stocks?

2016-10-05

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2016-10-05

Debate about the ECB’s stimulus options have continued to rage, with an equity purchase plan mentioned as a possibility. We think the ECB could legally buy ETFs that fit its requirements… but it would be controversial and we question the benefits. An...

Europe Debates The Burkini: “We Will Colonize You With Your Democratic Laws”

2016-09-04

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2016-09-04

"We will colonize you with your democratic laws." — Yusuf al-Qaradawi, Egyptian Islamic cleric and chairman of the International Union of Muslim Scholars. "Beaches, like any public space, must be protected from religious claims. The burkini is an...

2 Men, 3 Women 6-Year-Old Kid Burned, Stabbed By 27-Year-Old Attacker On Swiss Train

2016-08-14

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2016-08-14

Seven people are in hospital with stab wounds and burns, police say, after an attack on a train near St.Gallen, Switzerland. The man set the train carriage on fire using a flammable liquid and also stabbed passengers, including a six-year-old child,...

10 Ways The UK Could Leave The EU

2016-06-27

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2016-06-27

Stalemate between Britain and the European Union over what happens next following Britons’ referendum vote to leave has opened up a host of possible scenarios. Here are some

Global Peace Index: Only 10 countries not at war (among them Switzerland)

2016-06-09

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2016-06-09

The world is becoming a more dangerous place and there are now just 10 countries which can be considered completely free from conflict, according to authors of the 10th annual Global Peace Index, among them Switzerland.

Spain Sells 3x Oversubscribed 50-Year Bond

2016-05-11

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2016-05-11

Following a scramble by European nations to issue ultra long-dated government paper, which saw France and Belgium sell 50-year bonds last month, while Ireland and Belgium went all the way and issued century bonds, with even Switzerland locking in 42-...