Central Bankers, Please Do Not Unite on a Neo-Plaza Accord
Editorial by Anthony Wile     
We read on Bloomberg that central bankers ought to get together to create a new Plaza Accord, similar to the one that formally devalued the US dollar back in the mid-1980s relative to a number of countries, most notably Japan. Of course, central bank activities are already "coordinated" by the Bank for International Settlements out of Switzerland. The mainstream media doesn't mention this much because under the BIS's watchful eye, central banks act as a kind of cartel – inflating the money ...
Gold Sector Analysis: The Big Reversal Toward Higher Highs
Trend and Sector Report     
Like a yo-yo, the market drops and climbs. This Week's Monetary and Industrial Trends: The Fed signaled yes on a rate hike Thursday and ...
The Economist's Departure Is Bloomberg's Gain?
Staff News & Analysis     
One way to look at this move is to see it as a benefit for both publications. That's because there is not a lot of difference between ...