Sunshine Profits

Greeks voted to stay in the European Union with a narrow victory for the center-right New Democracy party.

We have all seen the newspapers headlines about the troubles in Greece, Spain, Portugal, Ireland and the entire eurozone.

The reasons for the gold’s decline given in the press were a case of “round up the usual suspects.”

There is all the talk of Greece leaving the eurozone and we are already seeing a slow-motion runs on Greek banks.

Gold, traditionally a safe-haven asset, has been moving in tandem with riskier assets such as equities, industrial metals and oil this year, as investors for some reason which is difficult to fathom, have turned to the supposed “safety” of the dollar.

All eyes are on Greece which is heading toward national elections six weeks after the last vote

So far, 10 European political leaders out of 17 have been ousted out of office like a falling dominos in a little more than a year.

We’re getting whiplash from all the political changes in Europe, neo-Nazis in an unstable government in Greece and a changing of the guard in France– “adieu” to Nicolas Sarkozy

One of the questions that we receive on a regular basis is whether one should invest in junior or senior mining stocks.

Lately, gold has been a disappointment to many investors while it has been mostly treading water

The New York Times reported on a growing phenomenon in Europe: “suicide by economic crisis.”

The Reserve Bank of India on Tuesday surprised investors with a bigger-than-expected half-percentage-point cut to its key lending rate, sending it to 8%, saying the state of India’s economy is “a matter of growing concern.”