Central banks


What If the Money Printing Presses Were Poised to Run Faster?
Published by Philippe Herlin | Sep 12, 2013 | Articles

The general feeling, or « sentiment », is leaning toward a tapering of money printing by the large Western central banks, due in part to the official statements of the Fed indicating it might taper its quantitative easing (QE). For now, it’s just an hypothesis invoked by its Chairman, Ben Bernanke, but it was enough to rattle the markets, notably with the outflow of funds from emerging countries, which is putting much downward pressure on their currencies.

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Gold Slowly Getting Its Shine Back
Published by Philippe Herlin | Sep 5, 2013 | Articles

This drop in the price of gold in the first quarter of this year, though significant, will no doubt seem very soon like a glitch, a short pause. The price of gold really started to go up in 2002 when the Fed implemented its laxist policies and now the central banks are stuck with their printing presses, because the « recovery » is not happening. Consequently, gold will keep rising, slowly and surely.

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