zerohedge.com / by Tyler Durden on 02/27/2015 20:20
A month ago, we wrote about a bizarre situation involving Denmark’s now totally broken monetary system, where as a result of an unprecedented scramble to weaken the currency in order to preserve the peg to the Euro the central bank unleashed a historic rate-cutting scramble, where in […]
news.goldseek.com / Julian D.W. Phillips for the Gold & Silver Forecasters / 27 February 2015
Gold Today –New York closed at $1,208.40 up $3.80. London Fixed the gold price at $1,205.00 down $15.00 and in the euro, at €1,073.592 down €0.68, while the euro was down almost 1.5 cents at $1.1224. Ahead of New […]
mises.ca / by Tom Cullis / February 25th, 2015
Arnold Kling asks economists to fill in the blank:
“Greece will achieve economic success when ____”
There is an answer from the Austrian perspective, but first I want to highlight some thoughts from other prominent bloggers.
Option A: Paul Krugman of The New York Times […]
news.goldseek.com / By Graham Summers / 26 February 2015
The global economy is literally imploding.
Investors believe that China’s economy is chugging along, but the non-fraudulent data says otherwise.
China’s GDP numbers are a total fiction. And Chinese Government officials even ADMIT it! Back in 2007, no less than current First Vice Premiere of […]
caseyresearch.com / Chuck Butler / February 26, 2015
In This Issue.
* Day 2 for Yellen, no changes. * N.Z. posts Trade Surplus! * Chinese announce new plans to help economy. * German Unemployment drops by 20,000!
And Now. Today’s A Pfennig For Your Thoughts.
Gold Shines Brightly On This Tub Thumpin’ Thursday!
Good day.. […]
news.goldseek.com / By Harley Salt / 26 February 2015
The Greek Eurozone creditors that have been keeping Greece afloat since 2010 have extended the country’s bailout by four months however it is only the beginning from what we see as a number of key flash points facing the Eurozone which will in turn support […]
marctomarket.com / by Marc Chandler / February 26, 2015
Sterling and the dollar-bloc currencies are firm, but the euro and yen remain confined to well-worn ranges. The US dollar is vulnerable to poor economic news in the form of a negative year-over-year CPI print, especially given that Fed hike expectations have not been rebuilt […]
Image credit: Matt Collins
acting-man.com / Pater Tenebrarum / February 25, 2015
Money Supply Growth Surges Across the World
Michael Pollaro has recentlyupdated his global TMS data up to the end of December 2014 (more up-to-date figures aren’t available yet). He delves into far more details than we usually do, and there are a […]
zerohedge.com / by Tyler Durden / 02/24/2015 – 09:00
Just over a week ago, Yanis Varoufakis would have crushed and mangled anyone who would dare suggest that Greece would extend its current bailout program, because, the myth went, the new Syriza government had a mandate to end the Troika (since renamed to “Institutions”) and to […]
goldswitzerland.com / by Moderator GoldS / February 23rd, 2015
“Governments impose price on markets; there is no price discovery anymore”
PODCAST INTERVIEW: In this 38 minute interview Lars Schall, for Matterhorn Asset Management, speaks with Dr Pippa Malmgren, a US financial advisor and policy expert based in London. Dr Malmgren has been a member […]
marctomarket.com / by Marc Chandler / February 23, 2015
The US dollar caught a strong bid to start the week. The prospects that Yellen will keep the June rate hike in play after the FOMC minutes were seen as diminishing it may be lending the dollar support., though US rates are only slightly firmer. […]
gata.org / By Mehreen Khan, The Telegraph, London / February 20, 2015
Denmark’s central bank is ready to impose capital controls to stop the inflow of money that has threatened its currency peg with the euro.
The country’s central bank has already made a series of drastic moves to protect the value of the krone […]
zerohedge.com / by Tyler Durden / 02/20/2015 07:17 -0500
This is what peak bluffing looks like.
Moments after there was much hope for a deal, suddenly ze Germans yanked the carpet from under any potential leverage Greece may have though it had when the Maltese foreign minister said:
GERMAN-LED BLOC WILLING TO LET GREECE […]
zerohedge.com / by Tyler Durden on 02/19/2015 21:30
With reports of near mutiny in Syriza’s ranks amid the back-bending they have done to try to meet Germany’s demands – only to be abjectly denied by a non-ultimatum-setting Schaeuble – it is perhaps time to prepare (ahead of tomorrow’s apparent “G” day) for the possibility […]
zerohedge.com / by Tyler Durden on 02/19/2015 22:20
Goldman recently warned that they are “more worried than we have been since the start of the Euro area crisis,” and judging by the extraordinary surge in “Grexit” headlines, it appears this time is different from 2012…
davidstockmanscontracorner.com / by David Stockman / February 19, 2015
The global financial system desperately needs a big, bloody sovereign default—-a profoundly disruptive financial event capable of shattering the current rotten regime of bank bailouts and central bank financial repression. Needless to say, Greece is just the ticket: A default on its crushing debt and exit […]
davidstockmanscontracorner.com / by Eric King / February 18, 2015
David Stockman Interview At King World News
David Stockman: The clock is ticking. The carnage is coming soon and it’s not merely Greece and whether it stays in the euro or not….“But it’s symptomatic of what I believe is the gathering crisis in the world, […]
trueeconomics.blogspot.com / by Constantin Gurdgiev / Wednesday, February 18, 2015
The key premise behind the risk of deflation is the argument that faced with a prospect of declining prices, consumers will withhold current consumption in favour of the future consumption and producers will delay current investment in favour of lower cost future investment.
The problem, […]
news.goldseek.com / by Julian D.W. Phillips for the Gold & Silver Forecasters / 18 February 2015
Gold Today –New York closed at $1,208.50 down $14.00. In Asia the gold price was lifted to $1,210.45. London Fixed the gold price at $1,206.50 down $15.25 and in the euro, at €1,059.356 down €13.201, while the euro was […]
zerohedge.com / by Tyler Durden on 02/17/2015 12:37
Now where have we seen this before? Surprise contradictory headlines that occur shortly after vehement statements by leaders:
*GREECE AIMS TO REQUEST LOAN ACCORD EXTENSION TOMORROW: OFFICIAL
This comes after Varoufakis and Tspiras specifically saying that they will not extend the current loan accord: “Salvation will […]