Search Results for: Middle East
European markets advanced on Monday; Oil prices spiked overnight
February 15th, 2021
European markets advanced on Monday after a rally in Asia-Pacific overnight, with successful vaccine rollouts fueling hopes of a global economic recovery. The pan-European Stoxx 600 was up 1.1% by early afternoon deals, with media stocks surging 3.8% to ...
Don’t dismiss gold and silver…
January 21st, 2021
There is worrying evidence that 2021 will see the end of fiat currencies, led by the US dollar. US dollar money supply has accelerated at an extraordinary rate, a process that will continue. Signals from the markets that ...
Economic and monetary outlook for 2021
January 5th, 2021
The most important event in the new year is likely to be the Fed losing control of its iron grip on markets. The dollar’s declining trend is already well established against other currencies and commodities, leading to this outcome. ...
British pound plunges
December 22nd, 2020
Concerns about a new strain of coronavirus in the U.K. drove the British pound to its biggest loss since March, though the currency pared much of the loss after Prime Minister Boris Johnson made another offer to salvage Brexit ...
Civil enforcement action filing in $4.75 Million Forex Ponzi Scheme
September 23rd, 2020
The Commodity Futures Trading Commission (CFTC) announced the filing of a civil enforcement action in the United States District Court for the Middle District of Florida against 10 defendants in a multi-level $4.75 million off-exchange foreign currency (forex) Ponzi ...
A critique of modern socialism
September 2nd, 2020
Socialism has moved on from the Marxist version of the state owning the means of production to one whereby production remains in the hands of individuals but are heavily regulated — echoing Mussolini’s fascist-socialist model. But after nearly ...
The pound’s future in a dollar collapse
July 28th, 2020
In recent articles for Goldmoney I have pointed out the dollar’s vulnerability to a final collapse in its purchasing power. This article focuses on the factors that will determine the future for sterling. Sterling is exceptionally vulnerable to ...
MMT —it’s just neo-Keynesian macroeconomics
June 12th, 2020
The doyenne of MMT, Stephanie Kelton, has published a book this week explaining modern monetary theory. This article examines the foundations of MMT which Kelton explained in an earlier video released last year. Introduction Macroeconomics has become so ...
Europe embarks on economic revolution with landmark climate law
March 5th, 2020
Europe wants to make it illegal by 2050 to emit more greenhouse gases than can be removed from the atmosphere. European Commission President Ursula von der Leyen unveiled a draft law on Wednesday that would commit the region to ...
European stocks traded cautiously higher on Friday; These are the stocks on the move
January 10th, 2020
European stocks traded cautiously higher on Friday as world markets rally on the back of easing tensions in the Middle East. The pan-European Stoxx 600 had inched up 0.1% by the afternoon, with travel and leisure stocks surging 1.3% ...
