Tag: central banks

Big Ben’s Ghost of QE Past, Present, and Future

| December 24, 2012 | Articles: General

Dollar bills glide effortlessly to the ground, dropped from the giant QE machine in the sky. All is quiet, all is calm. There is peace on earth, well, at least in Washington D.C. and on Wall Street. And then with a horrible crash, another Mortgage Backed Security (MBS) explodes and collateral damage spreads far and wide. Cut to three am in the Big Ben bedroom …

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Fed Continues Monthly $ 85 Billion Bond Buying – Gold Price Volatile

Fed Continues Monthly $ 85 Billion Bond Buying – Gold Price Volatile

The US Fed decided on today’s FOMC meeting to continue with its monthly $85 billion bond purchases AND keep interest rates near zero until unemployment drops. The gold price reacted initially with a short rally, but closed the day flat. Reuters commented as follows on the Fed announcements: Bullion benefited after the Fed officials revised lower their forecasts for economic growth and inflation next year. The Fed also replaced a more-modest expiring stimulus program with a fresh round of $45 billion Treasury debt monthly purchases on top of the $40 billion per month in mortgage-backed bonds they started buying in September. In a surprise move, the Fed also adopted numerical thresholds for […]

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BIS Sees Bond Bubble Bursting

| December 12, 2012 | Articles: General

The bond market is a bubble and is about to burst. That’s the conclusion of a new report published by the “mother of all banks”, the Swiss based Bank of International Settlements, as reported by ArabianMoney.net. Obviously, the burst of the bond bubble has potentially catastrophic effects, comparable to a 2008 crash, as it is “the largest liquidity pool on the planet.” We have reported numerous time in the recent past about the growing bubble in the bond market. In an earlier article, we wrote about the bond bubble that is ready to burst and the gold bubble ready to inflate, about the folly of the bond and paper market. The […]

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10 Days Left For The End Of Times? What Did We Learn?

In exactly ten days, the Mayan calendar is ending a super cycle of 5125.36 years. The fuzz that was created about the end of the “world” was successful for the popular media. In reality, the world will still exist in 2013 but the point is that times could be changing. To answer the question what could be changing, the first step is to look back and try to see the key learnings of what we human beings have realized. Gary Christenson gives his view on the subject from a macro economic, monetary point of view. Yes indeed, this affects all of us and, more importantly, our future. The world will not end […]

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Gold Price Manipulation Proven On The Intraday Charts

| November 30, 2012 | Articles: Insights
Gold Price Manipulation Proven On The Intraday Charts

GoldSilverWorlds had the honour to do a Q&A with Dimitri Speck who is the author of the best-selling book “Geheime Goldpolitik”. He is chief financial engineer of Staedel Hanseatic and runs SeasonalCharts.com, offering a wealth of intraday trend charts. He is also one of the people who increased the pressure to create transparency in the German’s gold holdings. A lot has been written lately about the gold price manipulation and the real amounts of gold reserves of the central banks. There are several views on the same topic, the most rational one being purely statistical. As it’s easy to get caught by emotions, we have chosen in this article to […]

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Gold Price Manipulation Makes You Go Hmmm …

| November 29, 2012 | Articles: Insights

Grant Williams was one of our guests recently, as we had the honour to conduct an interview about his views on QE and the prospects of gold. He is the editor of the newsletter Things That Make You Go Hmmm …, an electronic magazine that is full of economic insights (the true ones, not the ones that are manipulated or created by one or another propaganda machine). In the latest edition, he writes an exclusive and in-depth section about the role of the central bank in the gold market. It is linked to one of the articles we published ealier about the “dusty” situation of the central banks’ real gold reserves and their involvement […]

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Marc Faber Explains Unintended Consequences Of Money Printing & Favors Gold

Marc Faber is one of the very successful investors on earth. He recently explained his view on the monetary policies of the developed regions in the world. Obviously he is no fan of the  Keynesian way of thinking which is applied by the central banks in the developed regions. The Keynesian policy considers easy money as a way out of economic recession and deflation. They argue that money creation smoothens out the business cycle. In his presentation, Marc Faber demonstrates that these kind of interventions achieve exactly the opposite: they make the business cycles much more violent, create extreme fluctuations in economic activity and result in far more financial volatility. In […]

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2012 Is The Tipping Point – Results Are In, Bankers Lost

| November 20, 2012 | Articles: Experts Talk
2012 Is The Tipping Point – Results Are In, Bankers Lost

It is highly unlikely the Mayan predictions of the end of the world referred to the bankers’ world of credit and debt. Nonetheless, with only one month remaining until December 21, 2012—the end date of the Mayan 5,125 year Mesoamerican calendar—the concomitant end of the bankers’ 300 year ponzi-scheme of credit and debt should not be dismissed as mere coincidence. The world has entered a paradigm shift of immense proportions; and the collapse of the bankers’ economic world is a part of that shift. The bankers’ credit fueled a 300-year global expansion which transformed the world. The bankers’ credit, however, has now become debt which increasingly cannot be repaid. Economics […]

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Big Inflation Coming

| November 10, 2012 | Articles: Insights
Big Inflation Coming

Well, Americans voted and the winner is inflation. Half our voting populace inexplicably decided to award a second term to Obama. Four more years of mind-boggling record deficits and record national debt growth! Obama’s Administration spent roughly 50% more than the government took in, which can essentially only be financed in two ways. Borrowing from foreigners and running the printing presses. The latter of course is pure inflation. And the Fed bent over backwards with its quantitative-easing campaigns to buy massive amounts of the Treasury debt Obama ran up on our children’s credit cards. It created trillions of new fiat dollars out of thin air to purchase Treasuries to finance […]

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Peter Schiff About Infinite Inflation And The Safe Havens Gold & Silver

In his latest article, Peter Schiff explains the negative effects of interventions of monetary stimulus by the central bank. In particular, inflation is the result of money printing and although governments claim inflation is under control, it is an inevitable effect longer term. It is shortsighted to think that monetary interventions come without (negative) effects. The acclaimed decline of unemployment by the creation of money is not realistic in Peter Schiff’s opinion. Obviously a lot of other thinkers and commentators share the same view. After the announcement of QE3 (also dubbed “QE Infinity”) created yet another round of media chatter about a recovery, the Fed’s Open Market Committee has decided […]

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Darryl Schoon’s Five Favorite Books

We had the honour this weekend to do a Q&A with Darryl Schoon. What was intended to be a short talk about a limited number of specific questions, became a long and in-depth conversation about the fundamentals of modern life (economy, money and currency, precious metals, psychology, history). The world through the lens of Gold as Darryl sees it … that’s how we would describe the unique conversation. We would like to thank Darryl for the time he spent with us and the timely knowledge and wisdom he shared. Of course, readers will benefit from his insights as well, as we’ll publish several resumes in the coming weeks, starting with Darryl’s […]

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Central Banks’ Paper Gold vs Physical Gold: Is The Dust Settling?

| October 26, 2012 | Articles: General

Much has been written lately with regard to the central banks’ gold holdings. One of the triggers was the news out of Germany, where the debate about Germany’s real gold holdings became very hot this week. Among others, financial journalist Lars Schall came out with the results of his “field research”. His findings were that institutions like the German Bundesbank, the Bank of England, the US Federal Reserve and the IMF, refuse to reveal figures about  their real physical gold holdings. It’s a confirmation of what was already known, but it caught the attention of mainly the alternative media as well as GATA and increases the pressure for transparency. The “good news” from […]

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Michael Pento Confirms Gold Is The Answer To Excessive Money Printing And Inflation

Michael Pento’s latest commentary on the markets is published below. Mr. Pento is the founder and President of Pento Portfolio Stragies, a company that offers (separate) managed accounts. In a nutshell, he explains why the stock markets are going up while economic data clearly show there is no growth in the economies all over the world. Basically the Central Banks are destroying the value of their currencies with their monetary policies, which leaves investors with one valuable option on the longer run: gold, silver, energy, agriculture. An anecdote worth mentioning: during a recent interview on King World News, Michael Pento mentions a quote from Ben Bernanke in which the Chairman […]

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Fed QE and Gold, Silver

| October 6, 2012 | Articles: Insights
Fed QE and Gold, Silver

After the Federal Reserve launched QE3 last month, investors and speculators are growing excited about its future impact on gold and silver. Though the Fed’s QE3 campaign started out relatively small, its open-ended nature is utterly unprecedented. Thus an unknown amount of future inflation will be spawned. Naturally gold and silver thrive in such environments, as they proved during QE1 and QE2. Of course QE stands for quantitative easing. Even as a lifelong student of the financial markets, I don’t recall hearing this term before late 2008’s epic stock panic. Central banks are notorious for trying to cloak their actions. So although “quantitative easing” was universally derided historically, it was […]

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