Tag: European Central Bank

  • A Contrarian’s Case for Precious Metals

    In my estimation, Central Bankers around the world have an acute fear of deflation. Their prescription has been (and continues to be) hefty doses of easy money. A plethora of British Pounds, and abundance of Euros, a deluge of US Dollars, a surplus of Swiss Francs. This is an ongoing and concerted strategy to avoid…

  • As Cyprus Collapses, It’s a Race to the Mediterranean Gas Finish Line

    Cyprus is preparing for total financial collapse as the European Central Bank turns its back on the island after its parliament rejected a scheme to make Cypriot citizens pay a levy on savings deposits in return for a share in potential gas futures to fund a bailout. On Wednesday, the Greek-Cypriot government voted against asking…

  • Global Problem for Bank Workers

    UNI Global Union: Bank workers Demand Their Rights at Demonstration in Frankfurt [box]”Fair Banking Advice? Fair Working Conditions? NOW!”[/box] European bank workers demonstrated in front of the headquarters of the European Central Bank in Frankfurt this past week to call for a radical change in the sales practices of financial service providers. UNI Finance Global…