What happens when SNB is stopped out?
We have brought up the Swiss National bankers and what they have been doing for last several months by buying Euros in their attempt to weaken the Swiss Franc but...
The Best Signal of All: Railroad Stocks
It’s increasingly likely that stock prices will keep their positive bias going into 2011. That is, if there isn’t a major shock to the system like a new war...
Will the Euro Fall to $1.20?
Filed under: Forecasts , Market Matters , Currency The euro is a single currency holding 16 member nations together. Before the Greek crisis, countries’ sovereign...
Greek Deputy PM: "Debts exist to be restructured"
Call it a Freudian slip, or perhapsit was one of the first honest statements by a European politician regarding the sovereign debt crisis.According to ekathimerini.com,...
Citigroup (NYSE:C) Right on $1,300 Gold?
Citigroup (NYSE:C) said last week if we hear the phrase “quantitative easing” used by the Federal Reserve this week, we’ll probably see gold prices...
Panama: the next Singapore?
In its recent special on Latin America, The Economist notes that “Panama, which has embarked on a $5.25 billion scheme to expand its canal, has a chance of...
Gold Prices Today Hit Another Record as Rally Continues
Gold prices today surged to another record, as mixed economic data, European sovereign debt, and probably most importantly, fears over a return to quantitative easing...
Gold Prices Reaching for New High Today
Gold prices today have soared on the news the so-called stress tests of the European banks probably didn’t accurately portray the level of government debt...
Fed Up with the Fed and the Welfare State
When we have a look at markets today, well…it’s depressing. Day after day we all have to put up with the fraud of serious looking men and women in suits...
Ignoring Sovereign Default Damages Credibility of EU’s Bank Stress Tests
The European Union (EU) bank stress tests failed to account for a sovereign default, meaning results show a healthier banking sector than actually exists. The tests...
Gold Slips, Silver Gains with Stocks, – The Midas Touch
“We are left searching for a new anchor for gold prices,” says new commodities-market analysis from French bank and London bullion dealer Natixis today. “In...
Moody’s Cuts Portugal’s Sovereign Debt Rating
Filed under: International Markets , Economic Data , Financial Crisis , Currency Moody’s Investors Service cut Portugal’s sovereign debt rating . In...

