European Bank Bail-ins? Banks ‘As Vulnerable Today’ As Before 2008 Crisis – Euro banks no more stable now than in run-up to 2008 crash – Banks in France, Spain and Italy are “highly vulnerable to failure”. – Low quality bank…
Gold Bullion Buying In Germany Surges As Risks Increase – Global gold demand marginally lower but robust – WGC – Gold investment demand surges 63% as jewellery demand falls – German gold demand spikes 20% in first quarter – France,…
Global Debt Now $200 Trillion! – McKinsey Institute says global debt is $199 trillion and unsustainable – Total global debt is $27,204 for every person living today – All major economies have “higher levels of borrowing relative to GDP” than…
Global Debt Now $200 Trillion! – McKinsey Institute says global debt is $199 trillion and unsustainable – Total global debt is $27,204 for every person living today – All major economies have “higher levels of borrowing relative to GDP” than…
Silver Bullion Buying Outstripping Supply As JPMorgan ( $JPM) Buys – Silver one of most undervalued assets in world today – Fundamentals for silver market very strong – Total demand for silver outweighed demand by almost 22% last year –…
Hyperinflation in Art Investment Market as Picasso Sells for $179 Million – Picasso’s “Les Femme d’Alger” sells for a record $179 million – Most expensive painting ever sold at auction – Hyperinflation in art market as painting appreciated nearly $150…
“This Is A New World Order” – NATO Will Not Allow Greece Leave EU – Faber – Greece will not be ejected from the EU – Faber on CNBC – Greek default will trigger massive losses for ECB and European…
UK election today expected to yield “hung parliament” Election not seen marked decline in pound as was the case in run up to last election Election ‘chaos’ could trigger a ‘Lehman moment’ for pound Recent history shows Labour victory not…
JP Morgan Cornering Silver Bullion Market? – Why is JP Morgan accumulating the biggest stockpile of physical silver in history? – Legendary silver analyst Ted Butler believes JP Morgan are in a position to corner silver market – JP Morgan…
JP Morgan Cornering Silver Bullion Market? – Why is JP Morgan accumulating the biggest stockpile of physical silver in history? – Legendary silver analyst Ted Butler believes JP Morgan are in a position to corner silver market – JP Morgan…
U.S. and UK GDP Fall Heralds New Depression – ZIRP to Continue – U.S. first quarter GDP grew 0.2%, down from 2.2% last quarter – U.K. GDP for first quarter was 0.3%, last than half the previous quarter’s figure –…
Europe’s Largest Airline Falls Prey to $5 Million Cyber-Theft – Europe’s largest airline says $5 million (€4.5m) taken from bank accounts – Ryanair confirms hackers stole via Chinese bank – Cash siphoned from one of its bank accounts – Allegation…
Europe’s Largest Airline Falls Prey to $5 Million Cyber-Theft – Europe’s largest airline says $5 million (€4.5m) taken from bank accounts – Ryanair confirms hackers stole via Chinese bank – Cash siphoned from one of its bank accounts – Allegation…
Gold Rises, Silver Surges on Short-Covering and Physical Demand – Greece, Ukraine, Russia Risks – Gold rises over 2% while silver surges 4.4% – Speculators caught off guard as prices rose forcing them to cover their short positions – Concerns…
Gold Flows East – India and China Import Massive Quantities of Bullion from Switzerland – Singapore, India and China continue to import staggering volumes of gold from the West – U.K. exports of bullion to Switzerland increase 6 fold to…