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Tag Archives: Romania

FX Daily, November 9: Falling Yields Give the Yen a Boost

Swiss Franc The Euro has risen by 0.09% to 1.0587 EUR/CHF and USD/CHF, November 9(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Reports that the Fed’s Brainard was interviewed for the Chair helped soften yields a bit, not that they needed extra pressure, on ideas she is more dovish than Powell. In turn, the lower yields saw the yen rise to its best level in nearly a month and led the major currencies higher...

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Real Life in Romanian Socialism – The Story of Tudors Family

An incredibly fascinating and gripping story of the modern age. Agenda:– Who was Ceausescu? (10min)– What happend? (30min)– How was life under his regime? (20min)– Q&A Join here: https://meet.jit.si/socialismkills About the speaker:Tudor is probably the best historian and tour guide combination one could ask for.– an unbreakable libertarian spirit and– specialist for socialism with a focus on Romania / Eastern Bloc– has close ties thanks to family members who were active in...

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Real Life in Romanian Socialism – The Story of Tudors Family

An incredibly fascinating and gripping story of the modern age. Agenda:– Who was Ceausescu? (10min)– What happend? (30min)– How was life under his regime? (20min)– Q&A Join here: https://meet.jit.si/socialismkills About the speaker:Tudor is probably the best historian and tour guide combination one could ask for.– an unbreakable libertarian spirit and– specialist for socialism with a focus on Romania / Eastern Bloc– has close ties thanks to family members who were active in...

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Emerging Markets: What Changed

Summary China State Administration of Foreign Exchange (SAFE) disputed press reports that it was slowing or halting purchases of US Treasury bonds. Korean officials warned that it will take stern steps to prevent one-sided currency moves. Bulgaria is talking “intensively” with the ECB and other EU representatives about entering the Exchange Rate Mechanism by mid-year. Hungary announced general elections on April 8....

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The Oscars – Gold Plated and Debased Like Dollar

The Oscars - Worth Their Weight in Gold? 89th Oscars to air this weekend Oscars have been dipped in 24 karat gold since 1929 If the Oscars were made of solid gold they would weigh 330 ounces 330 ounces of gold is worth $408,210 at today's prices (nearly €400k & £330k) Oscars cannot be sold, making them a tricky investment piece Steven Spielberg keeps his gold Oscar with the Academy for ‘safe-keeping’ Shows importance of owning gold in safest ways Price of gold has climbed from $20.67...

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Nomi Prins’ Political-Financial Road Map For 2017

As tumultuous as last year was from a global political perspective on the back of a rocky start market-wise, 2017 will be much more so. The central bank subsidization of the financial system (especially in the US and Europe) that began with the Fed invoking zero interest rate policy in 2008, gave way to international distrust of the enabling status quo that unfolded in different ways across the planet. My prognosis is...

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Central Banks & Governments and their gold coin holdings

Within the world of central bank and government gold reserves, there is often an assumption that these gold holdings consist entirely of gold bullion bars. While this is true in some cases, it is not the fully story because many central banks and governments, such as the US, France, Italy, Switzerland, the UK and Venezuela, all hold an element of gold bullion coins as part of their official monetary gold reserves. These...

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