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Tag Archives: Portugal
Time to Convert Fiat Currencies to Gold – Part 1
Japanese Retirees Will Lose Up To Half Of Their Life Savings While Kyle Bass notably remarks that pinpointing the end of a 70-year debt super-cycle is naive, the combination of the resurgence of nationalism (impacting trade with China) and the … Continue reading
The Well Is Dry
The world’s gold supply is drying up. As shown below, people have sold their gold assets and the future looks bleak David DeGerolamo The Portuguese Run Out Of Gold To Sell “Business has gone from great to terrible in a … Continue reading
The Genius of Mutual Indebtedness – Nigel Farage
Transcript: “Another one bites the dust. Country number four, Spain, gets bailed out and we all of course know that it won’t be the last. Though I wondered over the weekend whether perhaps I was missing something, because when the … Continue reading
Posted in Editorial, Financial
Tagged Bailout, ECB, Economic Collapse, Eurozone, Greece, Ireland, Italy, NC Renegade, Nigel Farage, Portugal, Spain
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This Won’t Be Pretty on Monday Morning
Will this be the last straw to decouple gold from the stock market? Unless some very strong measures are finalized over the weekend, next week’s financial markets may become a bloodbath. David DeGerolamo S&P Cuts Credit Ratings for Nine Euro … Continue reading
Posted in Editorial, Financial
Tagged Austria, Cyprus, Downgrade, European Union, France, Italy, Malta, NC Renegade, Portugal, S&P, Slovakia and Slovenia, Spain, Standard & Poor's
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Latest Financial Reports from the European Union Crisis
A flurry of reports on the European Union’s fiscal crisis has been released just prior to the opening of the European stock markets. The following articles detail the latest information from Switzerland, Germany Portugal and Greece. This will not be … Continue reading
Posted in Editorial, Financial
Tagged Contagion, Economic Collapse, European Union, Germany, Greece, NC Renegade, Portugal, Switzerland
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Gold As Bailout Blackmail?
The price of gold has dropped $80 an ounce in the past five days. Has gold lost its luster? Some quick considerations: As reported last week, government central banks were buying gold as a hedge against inflation. Banks are not … Continue reading