Banking

With European demographics getting more challenging by the year the eurozone, problems don’t seem to be going away for the euro. Will the shrinking euro be able to revert its course, or is Europe doomed to become the next Japan?

Full implementation may take a few years but, as CIPS gains strength, its use will spread outward...[and] the more it spreads, the greater the Chinese influence over such entities as the IMF.

Canada has surprisingly often been the place where the future happens first - and it’s happening again. Last Monday, Canadian voters swept the ruling Conservatives out of power, delivering a stunning victory to the center-left Liberals led by Justin Trudeau in a clear rejection of the deficit-obsessed austerity orthodoxy that has dominated political discourse across the Western world. The Liberals ran on a frankly, openly Keynesian vision, and won big.

The Chinese yuan continues to gain stature on the world financial stage, overtaking the Japanese yen to become the 4th most-used currency for global payments, boosting its claim for reserve status.

Even the slightest movement made by China can create a ripple effect on fragile global markets. On August 11 China devalued its currency by 1.9% and has made some smaller changes since then. Today’s infographic looks at the reaction in currency markets in three time frames after the event: 24 hours, one week, and one month after.

To believe that the chances of financial calamity are non-existent is a fool’s fantasy that’s just begging for people’s life savings to get wiped out.

1. Is gold a safe-haven or a hedge, and what is the difference between them? 2. What is gold supposed to be a safe-haven or a hedge in relation to? 3. Does gold protect investors from a stock market crash, bond market volatility, inflation, or a systemic crisis? 4. Do the safe-haven properties of gold depend on the country and the time horizon?

This article addresses what the mainstream press has been ignoring, and why the Fed is reluctant to raise interest rates.

This past weekend the Islamic State’s so called media center, the al Hayat, released a video (see here) announcing that it is in the process of taking on the Fed itself with 'the return of the gold dinar.'"

About a month ago, I warned of an emerging “liquidity squeeze“, and now analysts all over the financial industry are talking about it. Could it be possible that the next great financial crisis is right around the corner?