Why We Are Likely to See a DROP in Gold Prices
for the coming months, deflation is the bigger concern than inflation as China and the EU both experience slowing growth, and the inflation figures remain tame in both the US and Japan – [and that means we are likely to see a DROP in gold prices.] Words: 481
Sovereign Debt Defaults Now Possible/Likely?
February 22, 2010 by Editor · Leave a Comment
Governments the world over have spent the past year bailing out, backstopping, insuring, and stimulating their financial sectors and economies throwing around trillions of dollars, euros, yen, and pounds like Halloween candy. Officials have assured us there’s little risk to that strategy but I believe that the opposite is true – that if you borrow and spend too much, all you’re going to do is transform a Wall Street debt crisis into a Washington debt crisis. Words: 882
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