Tears of the Moon: 09/04/14

Thursday, September 4, 2014

Gold Jumps 1% in Euros on ECB cutting rates

From the ECB's monetary policy decision:

At today’s meeting the Governing Council of the ECB took the following monetary policy decisions:

The interest rate on the main refinancing operations of the Eurosystem will be decreased by 10 basis points to 0.05%, starting from the operation to be settled on 10 September 2014.

The interest rate on the marginal lending facility will be decreased by 10 basis points to 0.30%, with effect from 10 September 2014.

The interest rate on the deposit facility will be decreased by 10 basis points to -0.20%, with effect from 10 September 2014.

The President of the ECB will comment on the considerations underlying these decisions at a press conference starting at 2.30 p.m. CET today.

In reaction gold price in Euro has jumped 1% mainly due to a decline in the EUR:USD rate

Alasdair Macleod - "3 reasons to invest in gold"

From

John Butler - We live in exceptional, interesting times

From GoldSwitzerland

Published on Sep 1, 2014

In this 3rd of a series of London interviews that Lars Schall conducted for Matterhorn Asset Management this summer, Lars sits down with John Butler, CEO of Amphora Capital, and they talk about 3 of this year's highlights in the world of international finance: 1 - the Launch of the BRICS Development Bank, 2- the Sino-Russia energy deal and 3- the Ukraine crisis.

Keiser Report: Islamic State Startup

From RT

Published on Sep 2, 2014

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the Islamic State resembling the Taliban with oil fields - ie a whole lot like Oklahoma. They also discuss the new Misery Index, which shows labor force participation and velocity of money plunging. Meanwhile, back in America naked incidents are on the rise and, in Europe, suicide tourism rises four-fold.

In the second half, Max continues his interview of bitcoin mogul, Trace Mayer, about bitcoin, central banking and geopolitics.

Exactly how the US trained and armed ISIS

From RT America

Published on Sep 3, 2014

As soon as ISIS (ISIL, Islamic State, etc) popped up, people began to claim the US was responsible for creating them. At first it was just fringe news sites, but now even the MSM can't deny the connection between ISIS and the US. The Resident discusses.