You are here
No limits to central banking, ECB president declares
So tell us something we don't know.
* * *
'There Cannot Be a Limit' to Stimulus, Says ECB President Mario Draghi
By Agence France-Presse
via The Telegraph, London
Friday, December 4, 2015
Mario Draghi has said the European Central Bank would intensify efforts to support the eurozone economy and boost inflation toward its 2-percent goal if necessary.
Speaking a day after the ECB's moves to expand stimulus fell short of market expectations, the central bank president said that he was confident of returning to that level of inflation "without undue delay."
"But there is no doubt that if we had to intensify the use of our instruments to ensure that we achieve our price stability mandate, we would," he said in a speech to the Economic Club of New York.
"There cannot be any limit to how far we are willing to deploy our instruments, within our mandate, and to achieve our mandate," he said. ...
... For the remainder of the report:
http://www.telegraph.co.uk/finance/economics/12034607/There-cannot-be-a-...
Direct Ownership and Storage of Precious Metals
Outside the Banking System in Zurich and Singapore
Goldbroker.com is a precious metals investment company that enables investors to own and store gold directly in their own name (no mutualized ownership) in Zurich and Singapore.
Goldbroker's clients are not exposed to any counterparty risks. They own gold and silver in their own names (the ownership certificate cites the name of the investor and serial number of his bars) and they have storage accounts opened in their own name as well. So Goldbroker.com's storage partner knows the exact identity of each investor. Goldbroker.com doesn't store in the name of its clients; rather, Goldbroker's clients store personally. All investors have direct access to their gold and silver bars.
Goldbroker.com was launched in 2011 so that investors would avoid any counterparty risk when investing in physical gold and silver.
Goldbroker.com is listed among GATA's recommended monetary metals dealers:
To invest or learn more, please visit:
Support GATA by purchasing DVDs of GATA's London conference in August 2011 or GATA's Dawson City conference in August 2006:
http://www.goldrush21.com/order.html
Or by purchasing a colorful GATA T-shirt:
Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:
http://gata.org/node/wallstreetjournal
Help keep GATA going
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit:
