April 15, 2013
Gold, Silver Hammered; End of the Precious Metals Bull Market? What’s Next?
View post: Gold, Silver Hammered; End of the Precious Metals Bull Market? What’s Next?
Hard hitting global and local news
Hard hitting global and local news
View post: Gold, Silver Hammered; End of the Precious Metals Bull Market? What’s Next?
Originally posted here: Demographics in Pictures: Peak Earning (and Peak Spending Years)
Read More: "Wise Men" Propose Theft to Bail Out Banks
Former Portuguese Prime Minister Says "Portugal Cannot Pay Its Debts", Calls for "Argentine-Style Default" It’s rare to hear any bit of common sense from political leaders, but today I have a sterling example. Mário Soares , Prime Minister of Portugal from 1976-1978 and 1983-1985, and the 17th President of Portugal from 1986 to 1996 speaks the truth. Soares says " Portugal Cannot Pay Its Debts "
Even diehard supporter of the eurozone now see it cannot work. For example, please see Eurointelligence Founder Wolfgang Münchau, Once a Staunch Euro Supporter, Now Welcomes the Anti-Euro Party "Alternative for Germany"
See the article here: Eurointelligence Founder Wolfgang Münchau, Once a Staunch Euro Supporter, Now Welcomes the Anti-Euro Party "Alternative for…
In another interview from the Wine Country Conference, Chris Martenson says S&P 500 May Fall More Than 40% By Fall . Even though the S&P 500 and Dow Jones Industrial Average are hovering at all-time highs, Chris Martenson, author of PeakProsperity.com and the “Crash Course” Series, is forecasting a major market correction
Whether out of complete stupidity or pressure from the IMF or Brussels (I suspect all three) Cyprus to sell around 400 mln euros worth of gold to partially fund its bailout. Cyprus has agreed to sell excess gold reserves to raise around 400 million euros and help finance its part of its bailout, an assessment of Cypriot financing needs prepared by the European Commission showed.
View article: Germany’s Net Foreign Assets Exceed €1 Trillion; 10 Compete Failures of the Eurozone
See the original article here: EU Warns Portugal on Austerity Measures; Portugal Faces Fresh Spending Cuts; Second Bailout Coming Up