Monday, 2 February 2015


"Gold Wins In A Global Currency War - Analysts
By Neils Christensen of Kitco News
Thursday January 29, 2014 2:27 PM
(Kitco News) - The race to the bottom in currency markets continues to heat up and in a potential currency war some analysts see gold as the biggest winner.

Singapore’s central bank surprised the markets this week by loosening its monetary policy. On Wednesday, the Monetary Authority of Singapore (MAS), which uses its exchange rate as its main monetary policy tool said it will slow the pace of the country’s appreciation against a basket of currencies. According to the central bank the move was made because of the impact weaker oil prices are having on price pressures. They add that inflation could fall as much as 0.5% in 2015.

Singapore joins a long list of central banks that are trying to encourage higher inflation and stronger economic growth by loosening monetary policy and depreciating their currency. So far this year the list already includes: The Bank of Canada, the Danish central bank, the European Central Bank and theBank of Japan"  Continues


"Panic In Markets As The World Heads Into A Full-Blown Depression

Today a 40-year market veteran sent King World News an incredibly important piece that cautions the panic we are seeing in major markets is a warning sign that the world is now headed into a full-blown depression. This piece exclusively for KWN also reveals which country made a killing shorting the oil market before it collapsed.

By Robert Fitzwilson of The Portola Group

February 2 (King World News) – There is a popular belief that elephants are afraid of mice. Pliny the Elder referenced the phenomenon in Naturalis Historia. Published between AD 77-79, the work is considered to be the first prototype for what we refer to as an encyclopedia.


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