Several crucial thresholds were crossed in the week before the flash crash in Britain's pound. China's yuan and India's rupee, two countries with vastly different situations yet both sinking in the same ($) boat along with New Zealanders and also the Brits. But why? It's not about the dollar rising, but what makes it rise. Even Paul Krugman can see it's not the Fed. Eurodollar University's Money & Macro Analysis Twitter: @JeffSnider_AIP eurodollar.university www.marketsinsiderpro.com...
Read More »Business cycle signals: SNB regional network – Q3/2022
Third quarter of 2022 Report submitted to the Governing Board of the Swiss National Bank for its quarterly monetary policy assessment. The appraisals presented here are based on discussions between the SNB’s delegates for regional economic relations and company managers throughout Switzerland. In its evaluation, the SNB aggregates and interprets the information received. A total of 209 company talks were conducted between 19 July and 6 September. Key points Turnover...
Read More »Revolut is Now a Fully Registered Crypto Service Provider in the UK
Digital money app Revolut has been approved by the United Kingdom’s Financial Conduct Authority (FCA) to offer cryptocurrency products and services in the country. The company was previously providing crypto buying, selling and trading services under the the FCA’s temporary registration regime which allows service providers to continue operating while their applications were being reviewed. CoinDesk received confirmation from an FCA spokesperson that Revolut has...
Read More »The U.S. Destroyed Iranian Democracy
NOTE: Our upcoming online Zoom conference “End Inflation and the Fed” kicks off on next Monday, October 3, at 7 p.m. Eastern Time with Richard Ebeling. Richard teaches economics at the Citadel and is co-host of FFF’s weekly Internet show, the Libertarian Angle. He is former president of The Foundation for Economic Education and former Ludwig von Mises Professor of Economics at Hillsdale College. He is also the author of FFF’s book Monetary Central Planning and the...
Read More »Coinbase Gets Greenlight to Operate Its Crypto Exchange in the Netherlands
Coinbase has secured regulatory approval from the Dutch central bank as a crypto service provider, allowing it to offer its full suite of retail, institutional, and ecosystem products to customers in the country. This makes Coinbase one of the first major global crypto exchanges to be approved by the De Nederlandsche Bank to operate in the country, alongside eToro and other platforms such as BitPay and Okcoin. Coinbase currently serves customers across almost 40...
Read More »Episode 5 of The M3 Report with Steve St. Angelo
Is the energy crisis something that can be resolved? Was it always inevitable? Will renewable energy make it all OK? Are Western financial policies to blame? All this and more in today’s The M3 Report! If you’re not already subscribed to GoldCoreTV then click here right now to make sure you’re all set to watch the fifth episode of our flagship show. [embedded content] Featuring Mr. Energy himself Steve St. Angelo as well as a short explanation from Brent Johnson on...
Read More »Market Currents: Banks are Keeping Oil Prices High
Who is really keeping oil prices high? Alhambra CEO Joe Calhoun says it’s the banks. [embedded content] [embedded content] Tags: Alhambra Research,commodities,economy,Featured,Markets,newsletter
Read More »Loonshots and Collapse
The momentum of franchise success and centralization of power are fatal. Loonshots are like moonshots, only crazier and trickier to commercialize. Author Safi Bahcall titled his book on how to nurture change-the-world innovations Loonshots: How to Nurture the Crazy Ideas That Win Wars, Cure Diseases, and Transform Industries. But as Bahcall persuasively argues, loonshot innovations aren’t enough. You also need to nurture franchises that commercialize the innovations...
Read More »Credit Suisse forced to address restructuring concerns
Troubled Swiss bank Credit Suisse has sought to quieten rampant speculation about its upcoming strategic revamp following leaks to the media and concerns of its staff. The bank is due to announce restructuring details when it announces its third quarter earnings results on October 27. On Monday Credit Suisse took the unusual move of issuing a statement ahead of its planned strategic review update next month, mentioning a “high level of media and market...
Read More »"People Should Use Gold to Measure Everything Including the Dollar." | Keith Weiner.
#gold #silver #dollar #money #banking #currency Today I had the pleasure of speaking with Keith Weiner the founder and CEO of Monetary Metals. Monetary Metals website: https://monetary-metals.com/ Video Chapters: 00:00 Introduction 01:23 How Keith got involved in gold and silver after 2008 05:20 Monetary Metals and making gold capital again 15:11 Gold should be at the center of the monetary universe 21:27 Gold and silver basis and backwardation 33:35 Keith's view of the dollar,...
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