‘Sunday’s Greek vote for anti-austerity left-wing Syriza shows the people’s eagerness to stop the current bailout scheme and renegotiate a deal that’s more favorable for the Greek economy. In the next several days and weeks, […]
Currency Wars – Russia and Netherlands Buy 30 Tonnes Gold In December Russia and surprisingly the Netherlands were the largest central bank buyers in December – accumulating a significant 30.34 tonnes between them as currency wars intensify. Demand for gold…
Currency Wars – Russia and Netherlands Buy 30 Tonnes Gold In December Russia and surprisingly the Netherlands were the largest central bank buyers in December – accumulating a significant 30.34 tonnes between them as currency wars intensify. Demand for gold…
Euro Gold Surges To EUR 1,168 After Greek Election Landslide The crushing victory of the Greek opposition party Syriza in yesterday’s Greek elections has added to jitters in already jittery financial and foreign exchange markets. The euro tumbled and gold…
‘Every time Eurocrats declare that the economic crisis is over, it comes back with a vengeance. For six years, the Brussels elites have been periodically assuring us that the Eurozone has shaken off the bug; […]
‘Exit polls show anti-austerity party, Syriza, has won Greece’s general election, which can affect the course of austerity policies in the European country. The exit polls announced on Sunday suggest that the radical leftist party, […]
Gold Surges As ECB To Print Trillion Euros and ‘Grexit’ Election Sunday Stocks, bonds and precious metals surged yesterday as markets cheered the latest wave of money printing on a grand scale. Gold surged 3 per cent in euro terms…
‘European Central Bank (ECB) president Mario Draghi unveiled bigger-than-expected quantitative easing measures on Thursday but still faced a fierce fight from Germany over any policy that could mutualise debt in the eurozone. “The combined monthly […]
It may seem surprising that an election in a small country of less than 12 million people could create high anxiety in government ministries in Berlin and Paris and at the European Union (EU) headquarters […]
ECB To Print Trillion Euros – Gold Could Surge 40% In 15 Minutes Against Euro, Other Currencies Mario Draghi is preparing to unveil QE today as the ECB looks certain to announce it’s much anticipated quantitative easing (QE) programme. The…
‘After her mother’s pension was cut over 30 times, Rena Dourou knew that Greece could no longer cope with austerity. Now, as Syriza, her political party, leads the polls ahead of the country’s general election […]
SNB Shock Was ‘Icing On Cake’ For Gold Ahead of Draghi’s Euro ‘Bazooka’ Is gold a safe haven? Mark O’Byrne, executive and research director at GoldCore, told CNBC yesterday that yes it is. He said that the Swiss National Bank’s…
Gold Demand Explodes as Volatility and Fear Stalk Market Although the extent to which the surprise move by the Swiss National Bank last week has damaged financial institutions will not be apparent until the end of the month, it is…
Bundesbank Announces Repatriation of 120 Tonnes of Gold from Paris and New York Federal Reserve The Bundesbank, Germany’s powerful central bank, announced very publicly this morning the further repatriation of some of it’s gold being held in foreign locations –…
‘And just to make things interesting, overnight Russia told a beleaguered Greece, and specifically its hurting farmers, that it “may lift its ban on food imports from Greece in the event it quits the European […]