sell gold
Seriously, how smooth is Spain. After asking for direct capitalization of its banks in an effort to bypass the austerity requirements that are commingled with ECB loans, Spain called a last minute press conference today to declare its intention to ask for financing through normal channels in an effort to stave off its growing debt…
The powers that be are circling the wagons in Europe, trying to figure out how to make every effort to convince people of two things, each of which is virtually impossible: 1) That the various disparate European powers actually CAN come to terms on a coherent, consistent financial stabilization plan where all countries are held…
Gold has now outperformed equities for 2012, and though we’re only halfway through the year, there’s good reason to believe that precious metals will continue to hold or outperform stocks. Here are the reasons why: 1) Japan’s aging population and recently renovated-through-natural-disaster infrastructure is under-performing and will directly affect our ability to sell electronics and…
The Germans have started to realize there’s no way out form the currency crisis that is quietly drowning the Eurozone countries one by one. So Angela Merkel suggested a 5-10 year plan!! Seriously? How about a five-week plan? Time is running out for Europe…This is Angela fiddling while Rome financially burns.
In light of the incredible hype machine that propelled Facebook onto every front page and magazine cover and lead story in the nation, the performance of the stock-to-save-mankind could only be described as…uh, well…flat. Analysts were all atwitter (no pun intended) with what was expected to be the greatest IPO in the history of the…