Ukraine Lurches to Full Scale War as Russia Drastically Reduces Gas Supply to EU Vladimir Putin has ordered the Russian state energy giant Gazprom to cut natural gas supplies to and through Ukraine to the EU in a little reported…
Ukraine Lurches to Full Scale War as Russia Drastically Reduces Gas Supply to EU Vladimir Putin has ordered the Russian state energy giant Gazprom to cut natural gas supplies to and through Ukraine to the EU in a little reported…
‘Central banks lie. That is what they do. Not too long ago, the Swiss National Bank promised that it would defend the euro/Swiss franc currency peg with the “utmost determination”. But on Thursday, the central […]
Market Chaos as Swiss Franc Surges 30% In 13 Minutes, Gold Rises Sharply Chaos was seen in financial markets today as participants were thrown a curveball when Switzerland surprised the world by removing its three-year cap on the Swiss franc,…
Oil Collapses and Copper Crashes 8% in Day – Great Recession Cometh? Oil prices fell another 1 per cent this morning and continue their collapse – down 57% in just over 6 months. Copper crashed 8% on the London Metal…
Gold In Euros Up 7.2% In 2 Weeks – Surges Over EUR 1,050 Per Ounce Gold priced in euros surged through the €1,050/oz barrier to a high of €1,052.04 per ounce this morning. It’s up 7.2% this month, outperforming gold…
Gold Prices Rise on Unexpected Fall in US Hourly Earnings Today’s AM fix was USD 1,222.00, EUR 1,035.77 and GBP 808.09 per ounce. Friday’s AM fix was USD 1,211.25, EUR 1.025.09 and GBP 799.61 per ounce. Spot gold climbed $13.20…
‘Why is the ECB sounding and acting like common thugs? They are heavily leaning on Greece like old school loan sharks. Europe is in a desperate situation which calls for desperate measures. They cannot allow […]
OUTLOOK 2015 – Uncertainty, Volatility, Possible Reset, Diversify! Introduction Gold – Positives and Negatives Ultra Loose Monetary Policies Globally Risk of Bail-Ins in 2015 and Beyond Currency and Gold Wars Eurozone Debt Crisis Again – ‘Grexit’ and ‘PIIGS’ Global Debt…
Savage Slaughter In Paris Shows West and Freedom Itself Vulnerable The savage attacks on the satirical magazine, Charlie Hebdo, in Paris leaving 12 dead yesterday shows how vulnerable western societies and economies are to the twin threats of terrorism and…