Replacing most of Europe's colorful notes and various coins less than a decade ago, the euro is on the brink of extinction, according to Trader Tracks' Roger Wiegand, sharing news and views of Euroland's critical condition with Gold Report readers in this exclusive interview. Roger says the euro at $1.20 is the "line in...
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Posts Tagged ‘ Default ’
Roger Wiegand: EU Bailout Just Delays Inevitable
Over-Arching Sovereign Debt Crisis
Neither the US financial press nor the US bank leaders take the sovereign debt crisis seriously. Even the USCongress seems totally unaware of the growing global intolerance for government debt out of control. The issue is rollover of short-term debt....
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My Interview with Dave Skarica
Yesterday I interviewed friend and colleague Dave Skarica, of addictedtoprofits.net. We discussed Treasuries, the Sovereign Debt bubble, the US Dollar, Gold and Gold Stocks.
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My Interview with Todd Harrison
Last week I interviewed Todd Harrison, founder and CEO of Minyanville. The main topic of our conversation was currencies and how action in the currency market (specifically the US$) could be a trigger for the next phase of this crisis, which has also morphed into a socioeconomic crisis. We talked about the chances of...
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Bespoke: US Gov Spent $1.90 for Every $1 in Income
Don’t we all wish we live like that? Folks, it is simple why Gold and Silver are rising. It is because of sovereign debt default concerns. How can the US and the UK finance growing these record budget gaps when spending is increasing and tax receipts are stagnant? And as we mentioned in previous...
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More Evidence Gold is Being Hoarded
Futures exchanges like the Comex are giving buyers and contract holders paper and not metal.
The full story is here.
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