If the implications of the recent Greek tragedy were not so serious it would have been seen more as a Greek comedy (of fiscal errors). In fact, however, to deploy another metaphor, Greece's sovereign debt is seen as the proverbial....
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Posts Tagged ‘ Greece ’
Debt Default ‘Deferral’ of Greece a Dangerous Precedent – Got Gold?
Piigs-Less Euro at the Door
Natural forces are at work in Europe, powerful forces, in fact forces that are not evident. It is amazing how little the financial analysts notice the forces at all. Since the year 2007, a hidden force began to put pressure on the European Union financial underpinning.....
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Roger Wiegand: EU Bailout Just Delays Inevitable
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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Why the Euro Must Die (To Save the Eurozone)
As Ludwig Von Mises long ago predicted, there is only one choice left for Europe. To save the eurozone economy, the euro currency must be destroyed…
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Despite Spiraling Contagion Fears, Spain Debt Worries Are Overblown
By Martin Hutchinson, Contributing Editor, Money Morning
It had a huge housing boom, and is now dealing with the fallout. It has a left-of-center government and a big budget deficit, but relatively low debt in relation to its gross domestic product (GDP). And it has a worrisome current account deficit.
I’m talking,...
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Greece Economic Depression Resulting in INFLATION NOT DEFLATION Surge
Greece, Europe's Achilles Heel continues to implode under its budget deficit and total debt burden sending a series of strengthening shock waves across Europe's credit and financial markets.....
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Gold Is Finally Transforming Into the Ultimate Currency Once Again
The stock market plunged hard after S&P downgraded Greek debt to junk status and cut its ratings on Portugal sovereign paper. What may have taken most observors by surprise is the spike up in gold that occurred, even with a move higher in the U.S. dollar. Gold has been transitioning...
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If Germany Is Forcing Fiscal Restraint on Greece
Germany's Prime Minister, Angela Merkel, was in the news today defining the conditions upon which Germany would provide financial assistance to Greece. Included in the list of requirements is a plan.....
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TWO SIGNPOSTS & STEALTH RUN
While the multitudes debate over whether an economic recovery is coming to the United States, signals sound loudly in harsh tones. While they point to the recent rise in the USDollar, signals sound loudly in harsh tones....
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Greece Exposes Future & Opportunity
Greece Exposes Future & Opportunity
By Neil Charnock
goldoz.com.au
We are looking at a high probability of a rally in the gold price in the coming weeks which will spur gold stocks into upward motion yet again. This is suggested due to fundamental and technical reasons. Inflation (of the money supply), increasing...
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