With journalists attention to Mr. Trump’s favourite Bible passage in mind and the gold price stagnating as bond yields keep falling even after the first federal funds rate rise in some years, a Bible passage from Genesis 47,15 about the devaluation of money comes to mind. And when money failed in the land of Egypt, … More Gold, Bread and The Bible
January 22,2015 Well they were saying a Q.E. in Europe could take up where the Q.E. in America stopped. I guess they were right as Europe will be purchasing 50 billion Euros a month till 2016 or when inflation appears, probably never: Deflation ( CPI-wise if you believe in the CPI things are cheap; if … More Mr. Draghi’s Euro Q.E.
November 7, 2014 Today was one more eventful day in the investment world; after several days of bond yields tip toeing higher after falling back to QE levels just about when the U.S. Federal reserve announced an end to its QE, buying its own U.S. government bonds; then rumours of a possible Europe QE program with Japan leading the way … More One More QE Maybe?