Gold jumped to a new 6-week high in the wake of this morning’s disappointing Q2 GDP data. The dollar has already retraced most of yesterday’s bounce, lending ongoing support to the yellow metal. The advance Q2 GDP print was in line with expectations of 2.
LONDON (Reuters) – Gold held near six-week highs on Friday though its recent rally appeared to falter as investors awaited U.S. gross domestic product (GDP) data for more clues about the pace of U.S. monetary policy tightening. Stronger than expected growth would leave the U.S.
Business Insider Baupost Group’s head of public investments, Jim Mooney, warns that high levels of leverage, or borrowings, and low volatility could bring about the next financial crisis. He pinpoints hundreds of billions of dollars of investments that are linked to volatility.
Speaking to ARD television, Brigitte Zypries warned of a trade war between the European Union and the United States. She also said that new US sanctions may harm German companies and hamper Berlin’s ties with Washington.
The International Monetary Fund was perched on a precarious branch that has now been cut down out from under them. The IMF Executive Board met in Washington on the evening of Sept. 14. The biggest issue on their agenda was whether to approve a $1 billion loan disbursement to Ukraine. And they did.
(Pao Chang) In the first paragraph of the article below, it says “we define that it is absolutely necessary for salvation that every human creature be subject to the Roman Pontiff.” This sentence was borrowed from Unam Sanctam, a document written by Pope Boniface VIII.
(Stillness in the Storm Editor) Heather Ann Tucci-Jarraf, OPPT trustee and Treasury Direct Account usage (TDA) promoter was arrested in Washington D.C. recently.
(Stillness in the Storm Editor) Anna von Reitz perspective on the following topics, in my estimation, appears to be worthy of consideration and study. Some of what she presents below I’ve been able to confirm in my own research over the years.
I read with concern Tom Moberly’s report that the British Medical Association is trying to open a debate about mandating vaccines in the United Kingdom [1] having already made a number of relevant observations under an earlier article [2].
Basic Income Earth Network A new local basic income group in the United States–based in New Orleans (a.k.a. the “BIG Easy”)–was formed in summer 2017 and is currently holding monthly meetings.
Known as House Concurrent Resolution (HCR) 89, the bill tasks Hawaii with establishing a working group to focus on establishing basic economic security for the state’s residents.
(ANTIMEDIA) — Visa recently announced its new Cashless Challenge program, which offers $10,000 to restaurants willing to transition into accepting only digital payments. As the largest credit card processor in the U.S., it’s no surprise Visa is spearheading this campaign.
Zero Hedge The largest cryptocurrencies are under presure again today – Bitcoin, Ethereum down around 10% – as it seems some anxiety remains ahead of the August 1st scaling decision deadline, chatter about Russian Bitcoin viruses, and a new report from BofA has raised more questions than an
I will be watching to see what happens. If this mystery investor is correct, it will essentially be like winning the lottery. But just because he has made this wager does not mean that he has some special knowledge about what is going to happen.
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(Matt Agorist) According to the most recent data, Visa — which is mostly owned by banks–accounts for over 50 percent of all credit card transactions and 70 percent of all debit card transactions in the world.
Most people living in the United States and many other industrialized countries consider bartering as an antiquated method for exchanging goods and services. We have all become very accustomed to fiat currency, credits cards and digital transactions, so bartering just seems strange.
As Democrats fear monger over the loss of Obamacare, according to Republican Senator Rand Paul, they need not be scared, as the GOP bill is not a repeal at all.