One week ago, on May 3, we wrote ECB Holds Line on Interest Rates, More Printing regarding the coordinated status of central bank policy. We said:
“The Bank of England will decide next Thursday, May 10, if it will continue printing beyond the ...
Berkshire Hathaway collected some of the most self-deluded investors in the world in the annual pilgrimage to hear the sell-side stock pushers CEO/Chairman Warren Buffet and his benefactor, Berkshire Vice-Chairman Charlie Munger, speak. CNBC chos ...
Renewed sovereign debt crisis in Europe will be a driving force in global economic contraction, as the European Union is the largest destination for Chinese and U.S. exports. The European Central Bank’s (ECB) three-year long-term refinancing operations ...
Bank of Japan (BOJ) continues to take its turn at reflating the global economy via various forms of currency creation. In its semi-annual report, Japan’s central bank announced it would increase the total quantity of printing by an additional 10 tril ...
The commodity metal copper is known in the financial world as “Dr. Copper,” because, historically, the copper spot price has predicted the health of the global economy, as it is an important input resource to a huge number of industrial processes.
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These days, it’s not so much as what the Federal Reserve does , or what it says , that impacts market behavior—it’s largely what people, especially large and institutional investors, think it’s going to do. (See the WealthCycles.com articl ...
Rob McEwen is the original founder of Goldcorp, where he grew the tiny $50 million mining company to over $10 billion in total value. Given such an amazing achievement, and his 29 years of experience in the natural resources space, we turn to the entrep ...
High oil prices have been a major hitch in the so-called economic recovery, hampering the Federal Reserve’s plans to print more dollars. The reason for this is when the market (stocks) perceives a downturn coming, oil follows suit on the anticipation th ...
The B52s’ hit single and music video "Legal Tender" is a perfect example of art imitating life. Although the song is a satiric anthem about a wild youngster setting up a basement counterfeiting operation, it reflects, most likely on a subconscious level ...
In two large spurts, the Federal Reserve's banknote, the dollar, lost much of its sway over the people who comprise some of the largest economies in the world last week.
Turkey agreed to cut oil purchases from Iran by 20%, but was allowed to get awa ...