Europe

Source: Brian Sylvester of The Gold Report (6/29/11). In this exclusive interview with The Gold Report, Doug Groh, senior analyst with Tocqueville Asset Management, likens the gold price to a mirror that reflects peoples’ concerns about global economic and political events. And he likes what he sees in the long-term prospects for gold equities.   … 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

Economic sentiment rose to a 28 month high in Europe after the panic sell off earlier this year when the Euro collapsed.  A major rally has ensued after the most severe financial panic in the Euro’s history.  Now the rally is pushing higher, but have the concerns dissipated?  I am extremely concerned about this rally … Continue reading

Currency Crisis Will Drive Gold By Neil Charnock goldoz.com.au We have a really big flightless bird Down Under called the Emu.  I will not draw absolute parallels between the European Monetary Union (EMU) and the Emu, even in jest, however the Euro looks like it will appear flightless at best this year.  Perhaps the myth … Continue reading

This year will initially see a continuation of the trends established in 2009. I understand that this seems like a bland statement. The stock market reads future trends and outcomes at times and has factored (government sponsored) growth this year. Thanks to the vast overflow and after effect of the stimulus capital flows this will come to pass initially and therefore I consider that the highest probability is that the stock market rally will continue in the first half.