Citizens in Italy rebel against their central bank by printing their own Euro currencies for use in commerce
One of the most important functions of a central bank is to ensure there is enough currency in an economy to support the needs of consumers. However, with the advent of...
Pound, Dollar, Euro And Yen Will Be Worthless Within Five Years
By Egon von Greyerz
The new US Administration has taken over with the conviction that they will “make America great again”. I really wish they will succeed because a strong US would be good for the world. Sadly, the odds of...
Janet Yellen's use of one word tells us something has gone wrong
David Rosenberg, Contributor
In a truly seminal speech on March 29th, Janet Yellen used the title, The Outlook, Uncertainty, and Monetary Policy.
I have been in this business for 30 years and have never seen a central bank...
U.S. Dollar, Technical-Chart Support To Be Keys For Gold Direction Next Week
By Allen Sykora of Kitco News
Friday April 01, 2016 14:12
(Kitco News) - Gold traders will be keeping close tabs on the U.S. dollar and some important technical-chart levels next week to gauge where the yellow metal...
Dollar continues to strengthen after upbeat Fed comments
By Sara Sjolin and Hiroyuki Kachi
Published: Mar 24, 2016 4:46 a.m. ET
Pound drops further on ‘Brexit’ fears
The dollar climbed against most other rival currencies on Thursday as hawkish comments from Federal Reserve...
Posted March 10th, 2016 at 11:10 PM (CST) by Bill Holter & filed under Bill Holter.
“There is a tide in the affairs of men, Which taken at the flood, leads on to fortune. Omitted, all the voyage of their life is bound in shallows and in miseries. On such a full...
Stocks Turn With Bonds and Euro as Draghi Plan Gets Second Look
Eddie Van Der Walt EdvanderWalt
March 10, 2016 — 5:01 PM CST Updated on March 11, 2016 — 4:48 AM CST
Yuan erases losses for the year as PBOC boosts fixing
Commodities rally, boosting Aussie, Russian ruble...
German 'bail-in' plan for government bonds risks blowing up the euro
'If I were a politician in Italy, I'd want my own currency as fast as possible: that is the only way to avoid going bankrupt,' said German 'Wise Man'
The London Debt Conference in 1953, when much of Germany's debt was...
Iran sticks it to the U.S. by ending the petrodollar and selling oil in euros
Photo by Spencer Platt/Getty Images
Barack Obama's foreign policy woes have showed up once again as on Feb. 6, recently unsanctioned Iran announced that all current and future oil sales will be done in the...
Euro Rises Against Dollar in Longest Winning Run Since September
January 27, 2016 — 6:15 PM CST Updated on January 28, 2016 — 4:58 AM CST
The euro rose for a fourth day, headed for its longest winning streak since September.
The shared currency erased its earlier...
The Shrinking Global Economy, In Three Charts
by John Rubino on January 10, 2016 · 13 Comments
Regular contributor Michael Pollaro offers three more charts which tell a story that’s both disturbing and apparently misunderstood by a lot of mainstream analysts.
The US trade deficit (exports...
Supermarket to accept Deutschmarks again
Published: 30 Dec 2015 16:13 GMT+01:00
It hasn't been legal tender for 14 years, but in January a German supermarket chain will start accepting Deutschmarks again.
Kaufland supermarkets will be accepting the former German currency at their cashiers...