Don’t be greedy, or a giant catfish might force you to spew out your savings… UNLIKE us – who are so smart today – ancient folk in ancient times used to believe…
Category: Financial Commentary
The Great Western Crackup
By Peter Schiff, CEO of Euro Pacific Precious Metals From World War II until very recently, the West – specifically Europe and the United States – was on a course for greater…
Prechter: “The Trend Is Exhausted”
Robert Prechter explains what’s the real problem with today’s market By Elliott Wave International What is the real problem with today’s market? Watch this excerpt from Robert Prechter’s special, video issue of…
Gift Wrapped Liquidity
Is the ECB about to give Europe’s governments and banks the biggest Christmas present of their lives…? WITH CHRISTMAS a little over three weeks away, the European Central Bank may be about…
Where Would We Be Without Rules?
“Where would be if we didn’t have rules?” “FRANCE!” “And where would we be if we had too many rules?” “GERMANY!” – UK comedian Al Murray, the (very British) Pub Landlord “The…
The Money Crisis’ First Blush
“I cannot think of anything which would more surely lead to a danger of all-round deflation than the collapse of international monetary confidence.” – Roy Jenkins, then British chancellor, debate on the…
Whose Fuse is Shorter?
By: Peter Schiff, CEO of Euro Pacific Capital With fiscal time bombs ticking in both Europe and the United States, the pertinent question for now seems to be which will explode first….
European Debt Crisis Threatens the Dollar
The global economic situation is becoming more dire every day. Approximately half of all US banks have significant exposure to the debt crisis in Europe. Much more dangerous for the US taxpayer…
Is Germany Eyeing the Exit?
German leaders talk about “more Europe”…but are they just buying time…? THIS IS just an idea – but perhaps Germany is only pretending to want more European integration. The rhetoric is real…
Italy: One Step Closer to the Endgame
By: Ben Traynor, BullionVault Is there an alternative to monetizing Italy’s debt…? SO THE Italian government today asked the International Monetary Fund to monitor its reform program. It may or may not…