Tag: rescue

Bailout Euphoria Is Evaporating

Filed in Gold, Gold Prices by on May 11, 2010 0 Comments
Bailout Euphoria Is Evaporating

Chief markets economist Kevin Gaynor  of RBS says the E.U.’s strategy  is “Bailouts rather than integration”. It is not solving the problem, E.U.  are just throwing money at it. Marek Belke, the E.U.  head at the IMF, compare the rescue package to a dose of morphine with the purpose to stabilize the patient. The real

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Mid-Day Report Euro Extends Recovery against Dollar on Greek Optimism – Forex

Filed in euro, Gold Holdings, Gold Investing by on April 29, 2010 0 Comments

Euro’s recovery against dollar extends today on hope that the rescue package for Greece will be finalized soon.European Union Economic and Monetary Affairs Commissioner Olli Rehn said the European Union should complete talks within days while Germ Mid-Day Report Euro Extends Recovery against Dollar on Greek Optimism – Forex

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Greece Grasps for Rescue Package as its Borrowing Costs Shoot Higher

Filed in Debt, economy, euro, Gold, Gold Investing, silver, sov, sovereign debt by on April 25, 2010 0 Comments

Eurostat, the European statistics office, recently reported that the Greek budget deficit is even higher than previously believed and, as a result, Greek 10-year bond yields shot up to almost 9 percent. For perspective, that’s nearly three times Germany’s rate. This new exorbitantly high cost of refinancing Greece’s sovereign debt has forced the Greek government into Greece Grasps for Rescue Package as its Borrowing Costs Shoot Higher originally appeared in the Daily Reckoning . The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today’s markets. Its been called “the most entertaining read of the day.” Check out our new special report Investing in Offshore Oil

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Greek debt crisis: Lehman 2.0?

Filed in Debt, euro, Gold Investing, Gold Prices, sov, sovereign debt by on April 24, 2010 0 Comments

“The Greece crisis has let to increasing scrutiny of sovereign debt, and could be a small-scale sketch of other large nations, including the U.S., which carry increasing levels of debt. All this could all end horribly, if governments refuse to cut spending and markets refuse to fund that spending,” said Dian Chu in this guest blog.

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The EU And IMF Step Into Rescue Greece! 29-3-2010

Filed in Gold Investing by on March 29, 2010 0 Comments

The EU And IMF Step Into Rescue Greece! Friday’s trading saw the announcement by the EU on a plan to support Greece with some help from the IMF.The agreement will be in the form of bilateral loans from the EU and the IMF.The help is The EU And IMF Step Into Rescue Greece! 29-3-2010

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Greece to Sell Eurobonds Next Week in Rescue Test FT Says

Filed in Debt, euro, Gold Investing by on March 27, 2010 0 Comments

Greece is planning to sellEurobonds next week, a move that will test the rescue plandevised by euro-zone leaders, the Financial Times said, citingan interview with Petros Christodoulou, head of the public debt-management agency. The country would li Greece to Sell Eurobonds Next Week in Rescue Test FT Says

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A Free Speech Landmark — Campaign-finance reform meets the Constitution.

Filed in Gold, Gold Bullion prices by on January 21, 2010 0 Comments

Freedom has had its best week in many years. On Tuesday, Massachusetts put a Senate check on a reckless Congress, and yesterday the Supreme Court issued a landmark decision supporting free political speech by overturning some of Congress's more intrusive limits on election spending. In a season of marauding government, the Constitution rides to the rescue one more time. Justice Anthony Kennedy wrote yesterday's 5-4 majority opinion in Citizens United v. Federal Election Commission, which considered whether the government could ban a 90-minute documentary called “Hillary: the Movie” that was set to run on cable channels during the 2008 Presidential… Original Article: Forum: News/Activism

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Greek Bonds Recover as Papaconstantinou Says No Rescue Needed

Filed in Gold Investing by on January 21, 2010 0 Comments

Greek two-year notes rose, snappingseven days of declines, after Finance Minister GeorgePapaconstantinou said the country won’t need a rescue package tocut the budget deficit. Gains for the two-year security reduced the yield from thehighest since A Greek Bonds Recover as Papaconstantinou Says No Rescue Needed

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“No Despot Fears The President And No Demonstrator In Tehran Expects Him To Ride To The Rescue”

Filed in Gold, Gold Bullion prices by on December 31, 2009 0 Comments

I don't think you will find a better article on the foreign policy of Obama other then Fouad Ajami's stuff at the WSJ. In it he gets right to the meat of the matter. No despot fears the president and no demonstrator in Tehran expects him to ride to the rescue. After a year in office the world knows what to expect. A bunch of “soaring” rhetoric about democracy and freedom but NO action whatsoever. In essence, Obama is intending to stay about it all and withdraw from any and all action on the world stage. With year one drawing… Original Article: Forum: News/Activism

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Rum Rescue Calls Out to Captain Morgan / TITAN Salvages and Crowley Maritimes Herculean Efforts get Shipment to Safety

Filed in Gold Holdings, Gold Investing by on November 20, 2009 0 Comments

PENNSAUKEN, N.J., Nov. 20 /PRNewswire/ Captain Morgan abandoned rehearsals for a very a special music awards event on the west coast to welcome to safety a barge containing 90,000 gallons of his finest rum that is to be used in his latest line exte Rum Rescue Calls Out to Captain Morgan / TITAN Salvages and Crowley Maritimes Herculean Efforts get Shipment to Safety

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This Stock Market Rally Is Rented, Not Owned

Filed in Debt, economy, Uncategorized by on October 19, 2009 0 Comments

Nearly every economic and corporate development over the past few months has been translated into a reason to buy stocks. But underneath the elation over Dow 10,000 lies the palpable feeling that this rally is to be “rented,” not “owned.” As cool weather descended upon the Northeast U.S., risk appetites started to wane

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