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…
Euro Crisis “Gets Worse Every Day”, Britain May Get “A Lot More QE”, Gold Jewelry Preferred to Platinum in China
London Gold Market Report U.S. DOLLAR prices to buy gold climbed to $1779 an ounce Wednesday lunchtime in London – 0.5% down from last week’s close –amid suggestions that central bankers in London and…
Technocrats Now, Strong Man Next?
The trouble is, this freedom thing has simply gone too far. Apparently… YOU REMEMBER the Lisbon Treaty, right? Rejected by voters in three of the five European Union states to be asked,…
Gold Bounces on “Physical Demand”, Bond Market Attention “Shifting Spain’s Way”, Europe “Needs Political and Fiscal Union”
London Gold Market Report U.S. DOLLAR gold prices bounced to $1771 an ounce Tuesday lunchtime in London – still nearly 1% down on where they started the week after sharp falls yesterday and…
Dollar Rally sees Gold Fall, Merkel calls for “More Europe”, Chinese Gold Demand hits “New Levels”
London Gold Market Report U.S. DOLLAR gold bullion prices dropped to $1775 an ounce Monday morning London time – a 0.7% drop from Friday’s close. “We see very light volume today,” says one…
The size of Greece’s debt
Hi everyone. Here is an interesting visualization of Greece’s debt. It boggled the mind just how much money that is. Most of us can’t quite wrap our minds around abstract numbers like…
Bullishness Rises in Gold Derivatives, Analyst Survey, as Indian, Turkish Demand Jumps
London Gold Market Report WHOLESALE QUOTES of the gold price cut early gains in London trade today, heading into the weekend 0.6% higher from last Friday as world stock markets also rose…
Is a return to the gold standard on the horizon?
by Jack Crooks I’m not trying to scare you. But here are a few popularized quotes from Jon Maynard Keynes that you should pay attention to: Keynes on fiat currency: “There is…
Costless, Limitless, Meaningless Money, Part II
If this risks sounding metaphysical, so it should… SO a DOLLAR is still a Dollar, just as Richard Nixon told US citizens it was 40 years ago this summer. Whether the Euro…