The European Central Bank is considering a smaller-than-normal cut in the deposit rate if officials decide to take it negative for the first time, according to two people with knowledge of the debate.
Sudden drop in the precious metal on the day it emerges that a UK regulator is investigating alleged rigging of the price raises questions about the market.
The People’s Bank of China said the country does not benefit any more from increases in its foreign-currency holdings, adding to signs policy makers will rein in dollar purchases that limit the yuan’s appreciation.
AUDIO TRANSCRIPT: “This is Tom Cloud with the Midweek Precious Metals Market Update. This week has been very uneventful as we’ve seen the price continue to go down after the figures came out on Friday that stated that 204,000 jobs were created when the experts had predicted 120,000. For those of you on my email blast, you received Paul Craig Roberts, the head of the treasury under Ronald Reagan, statement of how the numbers were wrong, and there was not even 120,000 jobs created.” KEEP READING >>
A US congressional advisory panel sounded a warning Wednesday about China’s military buildup, predicting Beijing could possess the largest fleet of modern submarine and combatant ships in the western Pacific by 2020.
The United States and its key intelligence allies are quietly working behind the scenes to kneecap a mounting movement in the United Nations to promote a universal human right to online privacy.
The phone, internet and email records of UK citizens not suspected of any wrongdoing have been analysed and stored by America’s National Security Agency under a secret deal that was approved by British intelligence officials, according to documents from the whistleblower Edward Snowden.
Department of Defense Conducting Military Training Exercises Over Phoenix
Many people report seeing lots of helicopters flying around over central Phoenix and surrounding areas.
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Topic: On this week’s program, Jerry Robinson reports on the connection between the markets new all-time highs and the Federal Reserve’s unprecedented stimulus efforts.
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