Euro

The Greek population is in constant revolt with another 48 hour national strike underway against ever expanding announcements of economic austerity though to date little of which has actually been implemented and therefore risks at the very a least a delay of the latest tranche of Euro 12 billion in what has now become … Continue reading

Will a hidden link between the Greek debt situation and the U.S. banking system ignite the next global credit crisis? The odds of the “next” global credit crisis are increasing with each new day, and with each new revelation. And escalating fears are hitting worldwide stock markets hard. Just yesterday (Thursday), Greece’s leaders revealed that … Continue reading

Many gold bulls argue that gold remains very strong in various currencies such as the Euro.

There has been a lot of speculation about just what the JPMorgan note that claims the Portuguese government can fall as soon as tomorrow, says. The speculation can now end. “The likelihood that the Portuguese government will fall this week looks high. This suggests that the sovereign will likely access the EFSF in the … Continue reading

Remember last year, when I kept wanting the markets to stop lumping the risk assets together and get back to the fundamentals of each risk asset….

The global banking system that publicly went bankrupt during September 2008 prompting government interventions in the form of capital injections, buying of toxic assets, insurance of bad debts and even outright nationalisation’s has started to bankrupt the states that bailed them out, starting with the smaller states with Iceland setting the ball rolling, and this … Continue reading

Economic data is coming in mixed today. While initials jobless claims dropped to the lowest level since July 2008, median home prices fell to a 7-year low. With such conflicting data, the question naturally arises: Will the U.S.  economy recover, especially without real estate leading the way? To get a glimpse of what awaits us, we should turn to Europe. Ireland … Continue reading

The past week and a half has been as choppy as it gets for the stocks market. Thankfully the herd mentality (fear & greed) stays the same. Understanding what others think and feel when involved in the market is one of the keys to making money consistently from the market. The crazy looking chart below … Continue reading

These past few weeks as the equity markets rallied based on the belief of further quantitative easing by the Fed in November’s meeting, the dollar has collapsed which I warned readers about a couple of weeks ago.  Since that time gold and silver have had a historic and parabolic rise as investors feel the Fed … Continue reading

Two weeks ago, we’ve posted an essay in which we’ve analyzed i.a. the Euro Index. We’ve stressed that a slight move lower may be seen in the short-term…..