Tag Archive: central-banks

Your Wealth Will Save Central Banks!

Today we ask, what is wealth? As we start a new year many will be looking at their portfolios and wondering what 2023 will have in store for them. Similar to 2022, we suspect there will be a lot of unknowns. As with anything unforeseen, it’s a good idea to have some insurance. This is why there were record levels of gold buying last year, and we expect the same in the coming months; because people want to protect their wealth with the...

Read More »

Week Ahead: Highlights include Fed, US CPI; ECB, BoE, SNB, Norges Bank

MON: UK GDP Estimate (Oct), Chinese M2/New Yuan Loans (Nov).TUE: OPEC MOMR; BoE Financial Stability Report; German CPI Final (Nov), UK Unemployment Rate (Oct)/Claimant Count (Nov), EZ ZEW (Dec), US CPI (Nov), Japanese Tankan (Q4), New Zealand Current Account (Q3).WED: FOMC Policy Announcement, IEA OMR; UK CPI (Nov), Swedish CPIF (Nov), EZ Industrial Production (Oct), US Export/Import Prices (Nov), Japanese Exports/Imports (Nov).THU: ECB, BoE,...

Read More »

Barclays forecasts EURCHF trading around parity for the next few quarters

Barclays Research discusses CHF outlook and targets EUR/CHF around 0.97, 0.97, 0.98, and 1.00 by end of Q1, Q2, Q3, and Q4 of next year respectively.

Read More »

SNB’s Jordan: Monetary policy is is still expansionary

SNB's Jordan, who has been chatting more in the NY session at least of late, is no the wires saying:monetary policy is a still expansionarywe have most likely to adjust monetary policy againinflation is very thorny and there is still a risk that inflation will rise furtherinflation rate is above our target now.

Read More »

SNBs Jordan: IN 2023, sees Swiss growth weaker than this year. USDCHF trades near lows.

SNB's Jordan is on the wires saying that:He sees weaker growth in 2023 than this year.SNB still has credibility that inflation will moderateInflation has broadenedSees limited 2nd round wage effects in SwitzerlandThere is a great probablility that SNB will need to further tighten monetary policy.

Read More »

Federal Reserve speakers coming up on Wednesday, 9 November 2022 – Williams, Barkin

The talking heads at the US Federal Reserve have pivoted to talking about how high rates will go before they top out as against how quickly they will rise.

Read More »

Is Central Banks’ License to Print Money About to Expire?

One of the biggest reasons for people deciding to buy gold bars or to own silver coins is because of the folly of central banks and government. It seems bizarre to most people that we are all aware that money doesn’t grow on trees and yet those responsible for financial stability have forgotten this basic life-lesson.

Read More »

Ep 45 – Danielle Lacalle: The Case for the People’s Zombification

In this latest installment of our Zombie Month series, we welcome Daniel Lacalle onto the Gold Exchange Podcast. Daniel is an economist, fund manager and professor of Global Economics. Daniel discusses the recent fallout in the UK, the pressures building up in the global economy, and the central banks’ creation of zombie firms. Listen to Ben, Keith and Daniel get into everything from quantitative easing to zombie slaying.

Read More »

SNB’s Jordan: Central Bank Independence is crucial to fight inflation effectively

SNB Jordan is on the wires speaks in general terms: Central bank independence is crucial to fight inflation effectively.

Read More »

Ed Steer Gold And Silver – We Ain’t Seen Nothing Yet!

Our guest this week is Ed Steer, expert gold and market analyst and author of the Gold & Silver Digest. We invited Ed onto GoldCore TV to get his take on what is concerning him most in financial markets, movements in SLV and sanctions against Russia. He also draws our attention to central bank purchases of gold.

Read More »

CHF traders – heads up for a SNB speaker Wednesday, 5 October 2022 – Maechler

Swiss National Bank monetary policymaker Andrea Maechler is speaking at 1130 GMT, at an event titled: After the interest rate change: high inflation, rising interest. How will it affect the Swiss economy?

Read More »

SNB’s Maechler: Rising rates was intended to send a clear signal on inflation

Rising rates was intended to send a clear signal on inflation

Read More »

Swiss National Bank meet this week – Goldman Sachs says “We are bullish on the CHF”

Goldman Sachs maintains a bullish bias on CHF going into this week's SNB policy meeting.

Read More »

Swiss National Bank monetary policy meeting preview

The SNB announcement is due on Thursday at 0730 GMT. -This in brief via Standard Chartered:expect SNB to hike by 100bpStan Chart were at +50bp but have ramped their expectation much higher.

Read More »

Swiss National Bank meet this week, a 100bp rate hike on the table – CHF impact

The SNB policy decision is due on Thursday. Via MUFG Bank:CHF has been the top performing G10 currency so far this month as it has strengthened sharply against both the EUR (+2.2%) and USD (+1.5%). It has regained upward momentum against our equally-weighted basket of other G10 currencies after a period of consolidation at higher levels between July and August.

Read More »

Week Ahead Preview: FOMC is the highlight

MON: Japanese Respect for the Aged Day; EZ Construction Prices (Jul), Canadian Producer Prices (Aug), German Producer Prices (Aug). TUE: Chinese LPR, Riksbank Policy Announcement, RBA Minutes (Sep); Japanese CPI (Aug), EZ Current Account (Jul), US Building Permits/Housing Starts (Aug), Canadian CPI (Aug).

Read More »

We Didn’t Print Money… Honest We Didn’t And More Baseless ClapTrap from Central Banks

One of the reasons people choose to invest in gold bullion or to buy silver coins is because they are simple and they are finite; basically the opposite of fiat currency. The complexity of fiat-driven markets and infinite possibilities to create money works to the advantage of central banks.

Read More »

BOC’s Rogers: We are not where we were in July, but a long way from where we need to be

Bank of Canada's Senior Deputy Gov. Carolyn Rogers: We are not where we were in July, but we are a long way from where we need to be.

Read More »

More from SNB’s Jordan: No comment on currency invention. We don’t rule anything out

Looks at series of models to gauge Swiss francs value; market has to live with some volatility, no comment on currency intervention.

Read More »

SNB’s Jordan: We must ensure price stability over medium-term

SNB's Jordan is on the wires after the ECB hike rates by 75 basis points today: ECB 75 basis point rate hike not fully surprising.

Read More »