Tag Archives: european central bank

Ireland’s Minister of Finance Ditches His Stocks for Gold

The Irish newspaper The Independent reported yesterday that Michael Noonan, Ireland’s Minster of Finance has given the finger to his European stocks to invest in gold. Members of the Irish legislature, the Oireachtas, are required to annually declare any investments they hold … Continue reading

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Currency Wars Intensify; China Declares Renminbi the “New World Currency”

Day by day, the currency wars continue to heat up. With the European Central Bank’s Quantitative Easing program now underway and the end of the euro in sight, many other countries around the world have joined the race to the … Continue reading

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European Central Bank Begins Bond-Buying Program

The European Central Bank has begun its bond-buying program as part of an effort to prevent a triple-dip recession and enhance the current stimulus plan, the bank announced today.  Mario Draghi, the President of the ECB, has announced that he … Continue reading

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