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EU To Limit Cash Withdrawals to 100-200 Euros per day If a Bank Goes Down

The model in Cyprus of limiting cash withdrawals from banks is being adopted in the EU for the entire system. The European idea of socialism is the sustainability of the government – not the survival of the people. Europe continues to destroy its economic future by undermining public confidence in their entire financial system, http://translate.google.com/translate?sl=de&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fdeutsche-wirtschafts-nachrichten.de%2F2013%2F08%2F07%2Fneue-eu-regel-sparer-muessen-um-guthaben-unter-100-000-euro-bangen%2F

European Economy Continues to Implode

The French government plans to pump billions more in aid desperately trying to save the Peugeot factory in Aulay. Hollande refuses to realize that raising taxes causes economic decline and a greater proportion of money goes to government. The Peugeot production facility is unprofitable and the operation is functioning more like a communist organization rather than […]

The Euro & the Hamiltonian Model

The Euro & the Hamiltonian Model is a special report looking at the structural design of the Euro and why it has collapsed. The political dreamland has been simply insane. This report compares the structure to the Euro and its fatal flaw in contrast to the Hamiltonian Model that succeeded in creating a single nation […]

Fundamentals & Gold & The Euro

Gold tumbled about 3% after positive US jobs data sent the dollar rallying and rekindled worries the Federal Reserve could be tempted to scale back its monetary stimulus later in the year. I have warned that the US economic outlook is bullish into 2015.75. The dollar will rise and that will help turn the US […]

Gold & Euro – Here we Go Again.

One reader writes making a statement that clearly we are so influential and that is why only a fool does not read our work. Some people assume simply because I said Friday was a low in gold and we should get a 3 day reaction rally and it does, that this is all influence. This […]

Gee Wiz! The Euro Crisis is not Over? Who would have guessed?

The Euro has plummeted dropping to 12900 zone. Our Daily Bearish on the spot lies at 12940. Portugal interest rates have jumped to 8% and will move higher. Austria has closed 25% of all the branches of their bank in crisis, and we are waiting for the first crack in German banks. The EU Commission […]

Europe on Time & Track for Disaster – No Place to hide in the Euro

The European Troika has now provided Greece with a new ultimatum. Greece must show by the end of the week that it can adhere to the agreed terms of the bailout. Both the layoffs in the public sector than in the privatization process has seriously lagged behind the agenda in Greece and to receive the next […]

Germany – The Worst of the Banking Crisis in Europe?

Since 2010, members of the German Parliament have been using the iPad in the office, and the Parliament approved the iPad as a paper-replacement for reading speeches. But that said, improvements economically have not taken place. German net worth per family is among the LOWEST in Europe because of excessive regulation and high taxation. The socialist […]

US Warned by Europe NSA Spying Must Stop Immediately

Congress is circling the wagons to protect the US spying effort against everybody everywhere. The pretense or terrorism is absurd. They do not need to be storing every possible phone call and email in Utah, which is in fact what they are doing. The revelation that the NSA is even spying on the European politicians […]

European Politicians Are Realizing – Blackmail is the Game

A revelation is dawning that the excuse of the NSA looking for terrorists but taking absolutely everything, is at last causing a light to go off. European politicians realize that they are targets and the name of the game is to blackmail anyone that the NSA simply does not like. They realize that the New […]