Recession, It Doesn’t Feel Like A Recession

Ever since Lakshman Achuthan made the call for Recession by mid 2012 back in September of 2011, people have been looking around and puzzling about the apparent lack of recession. But even back in 2011 Mr. Achuthan clarified the timing of the recession and said that we might not know until the end of 2012. Even in the face of declining unemployment rate and rising housing prices. In the most recent U.S. current account deficit report, the making of a … Read More »

Germans Tracking Their Gold Reserves Worldwide

According to a German federal court, annual audits and physical inspection should be done by the country’s central bank for its Gold Reserves worldwide, as well as reserves that are in the custody of the Federal Reserve Bank of New York. Apart from the FRBNY, German gold reserves are held by London, Paris and Frankfurt. The physical presence of the gold in the nation will not make any significant difference unless the central bank of Germany decides to utilize the … Read More »

Germans Stock Up Gold Reserves

Where do the Germans stock up their Gold Reserves? In Germany of course, you might say! It is indeed a silly question! All of Germany’s gold reserves are likely to be packed off safely in a deep vault, at a secret location in the city of Frankfurt, surrounded and protected by the topmost security systems they have! However, as has been revealed in recent times, this is far from the actual truth! Surprisingly, most of Germany’s gold reserves, which happens … Read More »

Greece Prime Issue for Euro Zone

The downward spiral in Greece resurfaced as a prime issue of the Euro Zone. Both economists as well as analysts are warning that the country is closer than it was ever before to running out of cash reserves. Therefore, the fate of the coalition government that assumed power five years ago is seriously at stake. According to the head of the European G10, Thanos Vamvakidis, Greece is running out of cash really fast. The currency strategies simply aren’t working and … Read More »

Guess the Price of Gold in January 2014

There are various long-term graphs that clearly depict a correlation between the price of gold and other monetary forms. Most of the graphs show that one form surpasses the other, until the other gears up. However, let us consider the current scenario that is the US monetary base expansion, since the financial crisis broke out in 2008. The Federal Reserve Bank of St. Louis has announced “QEternity”; so it is reasonable to infer that the monetary base expansion will go … Read More »

Protest Against Lost Money by Spaniards

Going by the reports of The Wall Street Journal, Spaniards, who had to face Lost Money on bonds, are protesting against banks like novagalicia for misguiding them about the complex securities. Every day, people are gathering in huge numbers, in front of the bank, to mourn their loss and in quest of justice. They want the banks to return their money. The customers are targeting Branch Managers who influenced them to invest in complex securities. The Branch Managers told them … Read More »

European Debt Crisis Effecting Growth Projects for 2013

The intensifying of the European Debt Crisis has brought about quite a few unfavorable tweaks in the growth projections for 2012 and 2013. For instance, the International Monetary Fund or the IMF has reportedly cut its growth forecast figures. The IMF has also issued warnings with respect to the prevalence of even slower rates of expansion, unless of course the underlying reasons responsible for the economic threats prevailing in Europe and America are effectively addressed. The IMF has urged the … Read More »

Lackluster Performance for Global Stocks

As analysts have observed, Global Stocks have been registering performances that can be best termed as “lackluster” in the recent past and some believe that the dismal performance could in fact be proof of an “air pocket” in the market, heralding the onset of another global recession. However, there could be a different explanation for the same as well! It could also be attributed to the recent activism by the Central Bank that has forced the markets to deviate substantially … Read More »

World Economy Headed Towards Recession

The governor of the Bank of Israel, Stanley Fischer, has declared that the world economy is clearly headed towards a Recession, which is literally breathing down our necks! Fischer also supports the increases in quantitative easing by the Federal Reserve, stating that this move has succeeded in strengthening the credibility of its policy! In a recent interview given in Tokyo, which will be aired on Bloomberg Television, Fischer explained that although significant progress has been made in improving the global … Read More »

Financial Markets Feel Full Impact of 2008

The Financial Markets finally felt the full impact of the Doomsday Cycle in 2007-08, in the backdrop of the fall of giants like Lehman Brothers, banks in Ireland and Iceland. To add to this, there were too many lending programs by the European Union and the IMF for countries like Italy, Spain, Portugal and others. Today, in 2012, many analysts believe that the worst is behind us. Others, however, tend to believe that the hopefuls are simply in denial mode. … Read More »