Tag Archive: Finance

A Problem Emerges: Central Banks Injected A Record $1 Trillion In 2017… It’s Not Enough

Two weeks ago Bank of America caused a stir when it calculated that central banks (mostly the ECB & BoJ) have bought $1 trillion of financial assets just in the first four months of 2017, which amounts to $3.6 trillion annualized, "the largest CB buying on record."

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“Mystery” Central Bank Buyer Revealed, Goes On Q1 Buying Spree

In the first few months of the year, a trading desk rumor emerged that even as institutional traders dumped stocks and retail investors piled into ETFs, a "mystery" central bank was quietly bidding up risk assets by aggressively buying stocks. And no, it was not the BOJ: while the Japanese Central Bank's interventions in the stock market are familiar to all by now, and as we reported last night on sessions when the "the BoJ comes in big, the...

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Where There’s Smoke…

Central banks around the world have colluded, if not conspired, to elevate and prop up financial asset prices. Here we'll present the data and evidence that they've not only done so, but gone too far. When we discuss elevated financial asset prices we really are talking about everything; we're talking not just about the sky-high prices of stocks and bonds, but also of the trillions of dollars’ worth of derivatives that are linked to them, as well...

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Credit Suisse Offices Raided In Multiple Tax Probes: Gold Bars, Paintings, Jewelry Seized

Credit Suisse has confirmed that the Swiss bank, some of its employees and hundreds of account holders are the subjects of a major tax evasion probe launched in UK, France, Australia, Germany and the Netherlands, setting back Swiss attempts to clean up its image as a haven for tax evaders.

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SNB Spent $68 Billion On Currency Manipulation In 2016

While Donald Trump has repeatedly expressed his displeasure with China for manipulating its currency, he appears to have recently figured out that over the past 2 years Beijing has been spending hundreds of billions in dollar to strengthen, not weaken, the Yuan and to halt the ~$1 trillion in capital flight from China.

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Digital Gold – For Now Caveat Emptor

Bitcoin surpasses gold price - a psychological and arbitrary headline. Royal Mint blockchain gold asks you to trust in the UK government. Royal Canadian Mint and GoldMoney blockchain product asks you to trust in government and the technology, servers, websites etc of the providers. Invest in a gold mine using cryptocurrency - but wait until 2022 for your gold and trust the miners that it is there. Blockchain and gold will likely make a "good...

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CS and UBS Tell Wealthy Retail Clients To Buy Stocks…”Here, Can You Please Hold This Bag”

Warren Buffett has frequently advised aspiring investors to take a contrarian view on markets and "be fearful when others are greedy and be greedy when others are fearful." In fact, being dismissive of the wall street 'herd mentality' has resulted in some of Buffett's most successful trades over the years including his decision to load up on bank stocks during the 'great recession'.

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Importance of Hiding Gold Creatively and Securely If Taking Delivery

Why gold retains value? Interesting unknown gold facts. "Prepare your jaws for a sizeable drop!" History, finite, rare and peak gold. "It is beautiful to look at...". 'Heavy metal' - Thud sound of a gold bar (kilo). 'Going for gold' - Olympic gold medals to Chelthenham 'Gold Cup'.

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Video: Interest Rate Differentials Increasing Financial Market Leverage To Unsustainable Levels

We discuss the rate differentials between Switzerland, Britain, Europe, Japan and the United States and how this Developed Financial Markets carry trade is incentivizing excessive risk taking with tremendous leverage and destabilizing the entire financial system in the process in this video.

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Switzerland’s Gold Exports To China Surge To 158 Tons In December

Switzerland's Gold Exports To China Surge To 158 Tonnes In December. Switzerland's gold bullion exports to China saw a huge jump in December, climbing to 158 tons versus a much lower 30.6 tons in November - a jump of 416%.

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80 percent Of Central Banks Plan To Buy More Stocks

Regular readers remember how, when we first reported around the time of our launch eight years ago that central banks buy stocks, intervene and prop up markets, and generally manipulate equities in order to maintain confidence in a collapsing system, and avoid a liquidation panic and bank runs, it was branded "fake news" by the established financial "kommentariat."

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The Psychological Impact Of Loss

For the third time in four weeks, the market was closed on Monday due to a holiday. Not only is this week shortened by a holiday, it is also coinciding with the annual Billionaire’s convention in Davos, Switzerland and the Presidential inauguration on Friday. Increased volatility over the next couple of days will certainly not be surprising.

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Davos (According To Donald Trump)

Bloomberg's Anne Swardson, Zoe Schneeweiss, and Andre Tartar perfectly summed up the state of play right now during their discussion of the World Economic Forum's annual get-together: "Never before has the gap between Davos Man and the real world yawned so widely."

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Declassified CIA Memos Reveal Probes Into Gold Market Manipulation

The CIA recently released a series of declassified 1970s memos relating to the gold market and the newly created SDR. These memos give new insight how the CIA viewed the gold market, the perceived manipulation of gold and the potential for the SDR to become a gold substitute in the international monetary system.

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Lagarde Urges Wealth Redistribution To Fight Populism

As we scoffed oveernight, who better than a handful of semi, and not so semi, billionaires - perplexed by the populist backlash of the past year - to sit down and discuss among each other how a "squeezed and Angry" middle-class should be fixed. And so it was this morning as IMF Managing Director Christine Lagarde, Italian Finance Minister Pier Carlo Padoan and Founder, Chairman and Co-CIO of Bridgewater Associates, Ray Dalio, espoused on what's...

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Gold Bars Worth $800,000 Owned By Prince

Gold Bars Worth $800,000 Owned By Prince. Prince, RIP, owned gold bars worth just over $800,000 according to the statement filed in a Minnesota court last Friday.

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Gold Rises In All Currencies In 2016 – 9 percent In USD, 13 percent In EUR and 31.5 percent In GBP

Gold gains in USD, GBP, EUR, CAD, AUD, NZD, JPY. Gold gains in CNY, INR & most emerging market currencies. Gold surges 31.5% in British pounds after Brexit shock. Gold acted as hedge and safe haven in 2016 … for those who need safe haven. Furthers signs of market having bottomed and bodes well for 2017. What drivers will gold respond to in 2017? EU elections and contagion risk, Geo-politics, terrorism, war and cyber war. Outlook for gold good...

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Gold Market Charts – A Month in Review

BullionStar has recently started a new series of posts highlighting charts relating to some of the most important gold markets, gold exchanges and gold trends around the world. The posts include charts of the Chinese Gold Market, the flow of gold from West to East via the London and Swiss gold markets, and the holdings of gold-backed Exchange Traded Funds (ETFs).

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Davos Staff May Sleep In Shipping Containers As Billionaires Swarm Resort

With January just around the corner, the world's billionaires, CEOs, politicians and oligarchs prepare to take their private planes to Davos, Switzerland for their annual convocation at the World Economic Forum, where they discuss such diverse topics as global warming due to greenhouse gases (which exempts Gulfstream jets) and the dangers of record wealth inequality (which exempts them), while snacking on $39 hot dogs and $50 Caesar salads.

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How to Invest in the New World Order

In our latest Toward a New World Order, Part III we ended by promising to look closer at investment implications from the political and economic shift we currently find ourselves in; and that story must begin with the dollar.

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