Politics



Gold Is Good – Greed Is No Good
Published by Egon Von Greyerz | May 22, 2018 | Articles

It can’t happen here! What is happening in Venezuela and Argentina cannot occur in Western economies. That’s at least what markets believe with stocks and most bubble assets remaining in cloud cuckoo land. Rates in Argentina have just gone to 40% to protect the currency. Anyone who believes that rates in the US will remain at current low levels or that German and Japanese rates will remain negative has a massive shock coming.

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Going Ahead With the European Banking Union: As For Deposit Guarantees, Every Man for Himself
Published by Philippe Herlin | May 3, 2018 | Articles

As stated by La Tribune, “Emmanuel Macron wishes the implementation of the European Banking Union – a system for joint management of bank failures – to be finalised as soon as possible in order to draw lessons from the Euro zone’s debt crisis.” Well, alright, but why is it so urgent? Is the French President aware of any disturbing report on the French banks?

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