Apparently the desperate search of Republicans for someone they can nominate not named Willard M. Romney continues. New polls suggest that in Iowa, at least, we have already passed peak Gingrich. Next up: Representative Ron Paul. Fred R. Conrad/The New York Times Paul Krugman Go to Columnist Page »Blog: The Conscience of a Liberal In [...]
High-Risk Warning Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in [...]
Gold Declines to One-Week Low as Europe Woes Damp Growth Outlook December 27, 2011, 7:14 PM EST Business Exchange E-mail Print More From Businessweek Oil Climbs From Four-Week Low as Iran Warns of Strait Disruption Funds Wager Wrong Way as Prices Drop Most in Month: Commodities China Gold Hoarding Turns More Traders Into Bulls: Commodities [...]
How often do you watch a youtube multiple times? Especially an educational one? This is one I watched once and it had enough important information that I had to watch it multiple times to see if it really made sense. Michael Maloney explains in this long tube (click here) how the fiat, fractional-reserve monetary system [...]
I follow the US Capital Markets focusing on US Treasuries, Comex gold, Nymex Crude Oil, the euro versus the US sollar, and the major US equity averages. I view myself as an expert on monetary policy, the housing market, and the banking system with my unique dissection of the FDIC Quarterly Banking Profile. My investment [...]
SINGAPORE (Reuters) – While the threat of credit rating downgrades hangs over Europe, a few big emerging market economies are on the upswing. Indonesia provides arguably the starkest contrast. Fitchs upgrade of Indonesias sovereign rating on December 15 restored it to investment grade status for the first time in 14 years. Back in 1997, when [...]
As negotiations on the regional single currency intensifies, the Minister in charge of East African Community affairs, Monique Mukaruliza, has said the country will first study all intricacies involved before joining the single currency zone. It is understood some partner states were pushing for the fast tracking of a monetary union, something the minister said [...]
Way back in April 2010, Obama nominated three economists to fill out empty seats on the Federal Reserves board of governors. Two sailed through, but one, Peter Diamond, was snared in the net of the Senate, where Republican Richard Shelby was unconvinced of the Nobel-winners monetary bona fides. After a long back-and-forth, Diamond withdrew in [...]
What do you get when you mix negative real interest rates with stimulative money supply efforts by global central banks? An exceptionally potent formula for higher gold prices that could send gold to the unimaginable level of $10,000 an ounce. Negative real interest rates and strong money supply growth are two key factors of what [...]
In an interview over the long weekend European Central Bank Governing Council Member and governor of the bank of Italy Ignazio Visco said European monetary policy will be “attentive to the economic cycle.” The comments hint that the ECB is prepared to loosen monetary policy further should the European economy require support. Viscos remarks also [...]