ECB

In the European Union (EU), the European Central Bank (ECB) is the institution that administers the monetary policy of the eurozone member states, giving it great power as a world central bank. Headquartered in Frankfurt, Germany, the ECB was established in 1998 by the Treaty of Amsterdam. As one of its primary tasks, the ECB controls and issues the currency of the EU; the euro. Mario Draghi is the current President of the ECB.


Why the Euro and Dollar Could Reach Parity Soon

By Thursday, May 21, 2015

ECBOn Tuesday, May 19, the euro fell almost one percent against the U.S. dollar. This was mainly due to a top-ranking executive at the European Central Bank (ECB) signaling that the central bank will increase the pace of its bond buying. (Source: Financial Times, May 19, 2015.)The ECB has embarked on quantitative easing (purchasing bonds). Read More

Three Statistics That Say No Economic Growth Yet

By Friday, January 23, 2015

ECB Money PrintingLook at any newspaper or watch any financial news channel and you will hear someone saying the U.S. economy is growing. To prove their point, they will refer to gross domestic product (GDP) figures and unemployment data.Yes, the GDP numbers and the unemployment picture do look better, but our economy is still in very big trouble.U.S.. Read More

Gold Market Setting Up to Reward Investors

By Wednesday, November 19, 2014

Gold Market Setting Up to Reward InvestorsI’ve been singing the same song to my readers all year: look at dips in the price of gold bullion as an opportunity to buy more of the metal.When gold fell below $1,150-an-ounce in early November and so many analysts came out with the prediction of $1,100 or $1,000-an-ounce gold, I was writing about what a bargain gold stocks had become.. Read More

The Nine-Month Check-Up

By Wednesday, October 1, 2014

Nine-Month Check-UpWith nine months behind us this year, today we look at how two popular forms of investment have done in 2014 and where I think they are headed for the remainder of the year.Starting with stocks, the Dow Jones Industrial Average closed yesterday up 2.8% for the year. Given the risk of the stock market, 2.8% is no big gain. I wrote at the beginning. Read More

The Only Sector I See with a Ten-to-One Return Potential

By Friday, June 27, 2014

Shattering the Myth Behind Interest Rates and GoldWe are hearing more and more about interest rates getting ready to rise. The Federal Reserve itself has said it expects the federal funds rate to increase to 1.5% by the end of next year and to 2.25% by the end of 2016.Before the Fed came out with its forecast, I was writing about how the Fed will have no choice but to raise interest rates because. Read More

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From: Michael Lombardi, MBA
Subject: Golden Opportunity for Stock Market Investors

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