Purchases plunged 40% in second quarter to lowest since 2011
Bank’s share of world demand shrank to 9% from 13% last year
In 2016, touch screens are ubiquitous. The idea of a smartphone or tablet not equipped with a touch-sensitive, ‘swipeable’ screen is almost unthinkable. While the technology itself is well-established and reliable, there are a couple of issues that may limit future iterations of the much-used touch screen.
They see almost no chance for a rate increase at the September or November Fed meetings.
Federal Reserve Chair Janet Yellen may struggle later this week to convince financial markets she can steer a divided U.S. central bank to raise interest rates at least once in 2016
In a Fed Staff working paper released over the weekend titled "Gauging the Ability of the FOMC to Respond to Future Recessions" and penned by deputy director of the division of research and statistics at the Fed,
As I have been noting of late, both gold and silver have been trapped in sideways trading patterns for some time now, meaning that there really has not been a whole lot worth saying about the price action in either metal.
This coming autumn, we are likely to see the beginning of the hyperinflationary phase of the sovereign debt crisis. Hyperinflation normally hits an economy very quickly and unexpectedly and is the result of the currency collapsing. Hyperinflation does not arise as a result of increasing demand for goods and services.
The course of events in a hyperinflationary scenario can be summarised as follows: