Commodity Trade Mantra

Posts Tagged ‘European Union’

Gold and Silver Are on Fire! Uncertainty Abounds!

Both gold and silver are on fire & have been moving significantly higher over the past week, proving to the world again that they are a true safe haven in times of historic uncertainty, despite what the mainstream media & the financial elite would have you believe. Uncertainty will be the name of the game going forward, & if there is one market that loves uncertainty, it’s the gold and silver market.

Silver Breakout Confirms that Gold and Silver Prepared to Move a Lot Higher

The price of silver has just surged to a high it hasn’t seen since January of 2015. In the aftermath of Brexit, this as a good sign that the prices of both gold and silver are about to really break out and begin moving up in significant bursts. Now that gold is holding steady above $1,300 an ounce, investors who have been waiting on the sidelines to buy should consider acting soon.

Brexit or Not - No Dearth of Solid Reasons For Gold Prices to Surge

Should the British reject devolution, gold prices might briefly move a little lower – even though, in the days running up to today’s referendum, the financial markets may already have “priced in” a no-vote. In the event of a Brexit victory we will likely see official demand for gold pick up as the appeal of holding central bank reserves in pound- and euro-denominated assets diminishes.

Gold is Worried More About a Broken Financial System, Than Just a Brexit

Speculative money is there for a good time — not a long time — so the gold price is at risk from a pullback as some of the Brexit fear unwinds. But if it continues to hold up in the event of a ‘remain’ vote, that will be very positive for gold’s longer term prospects. It will tell you that gold is worried more about a broken financial system. That’s what gold is really worried about.

Global Capital Markets Are A Tale of Two Crises

A crack-up was always just a matter of time. Is this the time? Both have the potential to ignite a global systemic meltdown. Are China and Greece the snowflakes that start the avalanche? Probably not. The system is fragile and these crises are urgent. But they are also amenable to government responses ranging from plain vanilla bailouts to more extreme bail-ins.

Gold Tumbles Despite UK Mint Seeing Europeans Rush To Buy Bullion

European investors are increasing purchases of gold & customers globally added 1.4 metric tons of gold to their account, the biggest increase since 2012. More people want their gold stored in Switzerland, a country that isn’t in the European Union. But despite this demand, gold prices are gettiung hammered after an initial spike.

Why Is EU Forcing European Nations To Adopt Bail-In Legislation?

The European Union says that any nation within the EU that does not enact bail-in legislation within the next two months will face legal action. Is there a reason for this & thus also the hard deadline? Are they anticipating that something really bad will happen in September or thereafter? Why such a rush?

ECB - European Central Bank is Getting Tougher on Greek Banks

ECB now wants to impose further control for Greek banks looking to secure emergency loans. It makes you wonder if they’re interested in keeping Greece in the European Union at all. The ECB’s move to limit the amount of money Greek banks can access will only increase the chances of Greece falling further under Putin’s spell.

Gold And Silver Decline – Banker Insanity Grows

The central bankers are on a path of self-destruction, and they will take down the masses with them. The bankers want to destroy the gold and silver markets for the masses. They want to destroy all hope for higher prices, all justification for holding them as an alternative to their artificial, worthless fiat paper.

TODAY Greece Decides: Europe... Or Russia

At precisely the same time as the FinMin is in Brussels discussing the fate of Greece in the Eurozone, the new Greek foreign minister will be in the Kremlin, getting instant updates from Brussels and perhaps discussing the fate of Greece in the Eurasian Economic Union. Put in the simplest of terms, today Greece will decide: Europe, or Russia.

Probability For A Lower Gold And Silver Low Has Increased

An area of resistance in silver and gold held to push price lower, last week, though volume and price activity has a positive bias. Physical gold and silver are being bought for a specific purpose, and price is not the objective…security is. Remember: “if you do not hold it, you do not own it” has proven to be true in too many cases.

End Of The Era Of Central Banks

Central banks’ maniacal money printing schemes were the only way to keep history’s largest Ponzi scheme growing; & now that confidence in them is failing & the need for gargantuan QE programs just to prevent instantaneous collapse has arrived, it won’t be long before Central banks will have as much relevance as buggy whips.

ECB Will Be Big Factor in 2015’s First Half

A widely hoped for positive decision at the January 22 ECB meeting could well have a result similar to stimulus announcements in the U.S., China, and Japan. However, another meeting ending with no action, only more of the familiar promises of action ‘if necessary’, could well be devastating as markets lose patience.

Why Russia Will Halt the Ruble’s Slide and Keep Pumping Oil

Fall of the ruble has accompanied a precipitous decline in oil prices. Russia, a resource-based economy, is hurt by oil weakness. But oil is traded nearly everywhere in US dollars, which are presently enjoying considerable strength. Russia can sell their oil in dollars but pay their expenses in devalued rubles & make capital improvements.

Swiss Gold Referendum Fails: 78% Vote Against "Protecting The Country's Wealth"

The Swiss population overwhelmingly rejected a referendum to force the Swiss National Bank to hold some 20% of its reserves in gold in a landslide vote, with about 78% voting against what AP politely termed “protecting the country’s wealth by investing in gold.” None of the 23 Swiss regions had a majority vote for the gold initiative.

Swiss Anti Gold Propaganda Questioned - Gold Protects Purchasing Power

A “YES” vote for the gold referendum is a first step towards redressing the imbalance that exists between the SNB & people of Switzerland. In a direct democracy, decisions on taxation, membership in trade / political unions & autonomy of currency should be determined by popular vote not decreed or circumvented by central bank edict.

We Have Just Witnessed The Last Gasp Of The Global Economy

I believe that the admissions of financial danger by internationalists, the sharp drop in stocks at the beginning of fall, the reversal of the political theater, and the fact that mainstream investors now recognize the illegitimacy of the markets yet continue with the scam anyway, signals the last gasp of the global economy.

As the Eurozone Stalls, China Cuts the Red Tape

Compared to many Eurozone nations, China is relatively young. There’s huge growth potential in this region, especially now that Premier Li has resolved to cut red tape & balance monetary and fiscal policy. In 10 years’ time, the 35-to-45 cohort, a well-educated group with good salaries & credit, will expand dramatically.

3 Factors that Shape Every Gold Investment Strategy

Let’s look at 3 reasons why gold is trading in the $1,200 range & how these are the clue to our gold investment strategy. The first is the value of the dollar. The second thing that determines the gold price is physical gold demand. The third element that drives the price of gold is fear – real or imagined, political and financial fear.

Greece Recovery? 60% Of Greeks Live At Or Below Poverty Levels

A report from Greece’s State Budget Office found that three in every five Greeks, or some 6.3 million people, were living in poverty or under the threat of poverty in 2013 due to material deprivation and unemployment. Greece also ranks fourth among EU states in poverty disparity, after Spain, Romania and Bulgaria.

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