Economics



Facing an Enormous Public Debt, Japanese Starting to Change Attitude Toward Gold
Published by Philippe Herlin | Mar 27, 2014 | Articles

Up until now, Japan was the exception among Asian countries that are hungry for gold (China, Vietnam, Thailand, Indonesia), and even seemed odd, because Japanese people would get rid of their gold, to the point that Japan was showing a negative balance. These days seem like they are over and that awareness has risen in the course of 2013. Does this bode for a big change?

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Interview with Jean-Pierre Chevallier on the banks’ situation in France
Published by Fabrice Drouin Ristori | Mar 25, 2014 | Articles

Risk is high, in any case, for any deposit above 100,000 euros. Let’s not forget that, in French law, banks wield much power. In particular, titles owned by their client are not entirely theirs : banks consider themselves to be the real owners of said titles. In case of forced selling, the bank could sell its clients’ titles, and the clients would only obtain a financial counterparty for the value of those titles when ceded.

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How QE and Stock Buybacks Reinforce Each Other
Published by Philippe Herlin | Mar 13, 2014 | Articles

Funny how the Fed and Big Business are not true to their primary function (guarantee the value of the money, invest and increase profits) and would rather manipulate the tools at their disposal, for which they are responsible, that must be used to establish objective measures (dollars, stocks)in the economy. They’re acting as if there were nothing else left than subterfuges with this depressing situation in the real economy...

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