Scoop : Ireland Restructuring its Debt !
Away from the cameras, without invoking a « last chance summit », Ireland just benefited from a restructuration
Read articleAway from the cameras, without invoking a « last chance summit », Ireland just benefited from a restructuration
Read articleVenezuelans have just been experimenting one of the risks associated with paper money. Actually, they just lost 46% of their purchasing power in a single day
Read articleMany large international banks, like Crédit Agricole, Commerzbank and UBS are announcing important losses for the last quarter of 2012
Read articleThe Securities and Exchange Commission (SEC) has forbidden Egan Jones to publish its rating notes on States for 18 months (SEC’s announcement), a stupefying decision
Read articleJapan just crossed another hurdle in its escape ahead by monetization of its debt in what can be called a show of strength by the new Prime Minister, Shinto Abe, against Japan’s central bank.
Read articleThe case for gold as the ultimate wealth preservation investment is irrefutable. Whilst paper money and all assets that were financed by the credit bubble will collapse in real terms, gold will continue to represent stable purchasing power as it has done during 5,000 years.
Read articlehe bank’s board of directors just published a document asking the shareholders (the governments of France, Belgium and Luxembourg) to subscribe to an increase in capital of 5.5Billion euros
Read articleMoody’s has decided on Monday night to downgrade France’s AAA rating. A French debt crisis would jeopardize all of the Eurozone
Read articleEgon von Greyerz think we are going to see a turn in the world economic situation. Gold is the only way to preserve your wealth and your purchasing power
Read articlehe real increase in the price of gold is to come according to Egon von Greyerz. It states that the price of gold adjusted for inflation since 1980 is expected to be around $ 7000 per ounce
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