Euro Banks Don’t Fail Stress Test; Don’t Pass Either
Investor worries remain about the profitability of the European bank sector after the release of the 3rd “stress test” of lenders from across the EU.
Read articleInvestor worries remain about the profitability of the European bank sector after the release of the 3rd “stress test” of lenders from across the EU.
Read articleCentral banks have led the world on a course that could only have one result. And sadly, I believe that we are now very near the beginning of a disaster that will have a bigger impact on mankind than any war, disease or depression that the world has ever experienced.
Read articleInvestors globally have never faced risk of the magnitude that the we are now exposed to. But sadly very few are aware of the unprecedented risks the world is facing.
Read articleIt is no surprise that both commercial and central banks hate gold. Because gold reveals the total mismanagement of the economy and the deceitful actions that the bankers take.
Read articleThere is now a very high likelihood that a major secular decline in the world economy will now start to unravel. The next few weeks and months are likely to be a lot worse than the 2007-9 crisis.
Read articleSince its peak at $51.33 in April 2011, silver has languished in the doldrums, dropping to $13.76 just before last Christmas. Friday’s close of $19.77 going into the 2016 Fourth of July long weekend is its highest level since September 2014
Read articleGold at $1,300 and silver at $18 is a bargain. But the metals will not stay at these low levels for very long.
Read articleAccording to an EU official, the liquidity support program includes up to €150 billion ($166 billion) in government guarantees.
Read articleLittle more than a year after publicly stating that he did not condone a return to the gold standard, Greenspan does now. “If we went back on the gold standard … as it existed prior to 1913, we’d be fine."
Read articleWith this political and economic uncertainty holding sway for the undefinable future, investors will undoubtedly be seeking safe havens for their wealth.
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