Showing 7497 Results for euro
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Showing 7497 Results for euro
Search instead for euro
April 4, 2013
Things have gotten so bad in Cyprus that yesterday the most revered person on the Island, Archbishop Chrysostomos II, accused the Troika of the Cyprus’ impending economic collapse and has called for the country to leave the European Union. As the Archbishop said…and rather succinctly so… There will be no European Union in the future. […]
April 4, 2013
A reader wrote: Yes. I am a “silverbug”. I never attacked you since I am a very open minded silverbug not a fanatic. But now the charts and the prices are showing your theory that in the economy, all the big money goes to the dollar first. So what should be the primary advice for timing […]
April 3, 2013
The Cyprus solution was in fact discussed at G20 levels. Numerous papers are starting to surface from Europe to New Zealand where government is accepting the idea that the next time bankers blow up the world, they can just take the deposits. This is even surfacing in Canada. http://business.financialpost.com/2013/04/02/ottawas-bank-bail-in-plan-targets-certain-liabilities/ We submitted our proposal to save […]
April 2, 2013
One of the most frustrating things is when you really do have to deal with governments and you realize that all those people who spin wonderful conspiracy theories crediting them with such vast knowledge have absolutely no idea how bad things really are. The people in government are largely lawyers. They know the fine detail […]
March 31, 2013
On Friday, U.S. District Judge Naomi Reice Buchwald in Manhattan ruled for the banks, gutting lawsuits about LIBOR manipulation. Judge Buchwald’s nickname is “Buckwild” and she is very much part of the New York crowd. So what part about the court in New York being the most corrupt do people fail to understand? It is […]
March 31, 2013
The opposition parties in Germany are warning each other not to join Merkel. The general hope is if nobody joins in a coalition with here, she will be unable to form a government. There is a rising sentiment in Germany that if Southern Europe can’t pay their bills – no bailouts. This was the reason for taking […]
March 29, 2013
Nobody knows what the hell to make of North Korea. Is he insane? Do we laugh or cry? He can;t reach the USA, but he can reach Japan and South Korea. The one thing talked about behind the curtain is simple. War would be generally conventional. The nuks are there as a backup. If Russia […]
March 29, 2013
From South America a reader has written about the trend down there: “You know the same thing is happening in Latin America. Tons of dollars have been flowing there recently and dollar borrowing rates have skyrocketed as all US benchmark rates reached record lows. Economies are booming and it doesn’t take a genius to see […]
March 29, 2013
The Cypriot politicians will remain in the Euro at least for now. They are listening to Brussels and are afraid of retaliation if they try to leave. We submitted a proposal to try to save Cyprus, but the powers that be are doing as they are told by the European Commission. There is little hope […]
March 29, 2013
Everyone keeps touting the demise of the dollar. They seem to be unaware of the global private debt bubble in dollars and how bullish that can be. During the 1980’s, banks in Australia sold Swiss loans on the basis that was the way to save massive interest with no view of the A$ whatsoever. Then […]