What Happens to Europe When Germany’s Economy Slows?
Eurozone is too dependent on Germany
Tag: eurozone
Ragin’ Contagion: When Debtors Go Broke, So Do Mercantilist Exporters
Beneath the endless twists and turns of Greece’s debt crisis lie fundamental asymmetries that doom the euro, the joint currency that has been the centerpiece of European unity since its introduction in 1999. The key imbalance is between export powerhouse…
Ragin’ Contagion: When Debtors Go Broke, So Do Mercantilist Exporters
Beneath the endless twists and turns of Greece’s debt crisis lie fundamental asymmetries that doom the euro, the joint currency that has been the centerpiece of European unity since its introduction in 1999. The key imbalance is between export powerhouse…
When Europe Gets Greece’s Jingle Mail: Dealing with Default
The costs and consequences of Greece exiting the Eurozone may well dwarf the financial losses triggered by Greece’s default. The term Jingle mail originated in the great popping of the housing bubble 2008-2011. It refers to defaulting homeowners mailing the…
Gold Price to Double to Over $2,400 Per Ounce – Demand in Asia to Double in “Asian Century”
Gold Price to Double to Over $2,400 Per Ounce – Demand in Asia to Double in “Asian Century” – Gold price set to soar to new records in ‘Asian century’ – Gold price to double by 2030: ANZ – Gold…
Irish Finance Minister Dumps Stocks to Buy Gold
Irish Finance Minister Dumps Stocks to Buy Gold – Ireland’s Minister of Finance shifted personal wealth out of stocks and into gold – Minister invested in SPDR Gold Shares ETF, Portuguese government bonds and other ETFs – Maintained holdings in…
Germany says Greece may face exit from eurozone
‘Germany’s finance minister says Greece may leave the 19-member eurozone if the administration in Athens fails to clinch a final agreement with its international creditors. Speaking in an exclusive interview with German-language Austrian public broadcaster, […]
Gold Up 11 Per Cent In Euros This Year As Currency Wars Deepen
Gold Up 11 Per Cent In Euros This Year As Currency Wars Deepen – Gold has risen 11% versus the euro in 2015 – Builds on 12% gains against the euro in 2014 – Sentiment poor despite reasonable performance –…
Deutsche & Santander Fail ‘Stress Tests’ – Risk of Bail-Ins
Deutsche & Santander Fail ‘Stress Tests’ – Risk of Bail-Ins – Largest banks in Germany and Spain fail Federal Reserve’s ‘stress tests’ – Stress tests designed to assess whether lenders can withstand another financial crisis – U.S. subsidiaries fail…
Apple Gold Demand – Bloomberg View Misrepresents GoldCore
Apple Gold Demand – Bloomberg View Misrepresents GoldCore – Bloomberg View’s Mark Gilbert misrepresents our widely read Apple gold demand – CNBC quoted extensively and favourably from our market update – Gilbert quoted selectively from our piece to misrepresent “gold…
‘BREXIT’ Poses Risks To London Property, FTSE and Sterling Assets
‘BREXIT’ Poses Risks To London Property, FTSE and Sterling Assets Political uncertainty beginning to impact bond and property markets UK bonds and stocks at all time record highs and ‘bubbly’ FTSE looks overvalued and ripe for sharp correction “Air of…
Currency Wars Deepen – IMF Concedes End to Dollar Hegemony
Currency Wars Deepen – IMF Concedes End to Dollar Hegemony – Dollar has declined as reserve currency over past decade from 70% of global reserves to 61% – Chinese yuan is growing in stature as international currency – IMF deputy…
Apple Major New Gold Buyer – Propel Gold Higher?
Apple Major New Gold Buyer – Propel Gold Higher? – There is a major new buyer in the gold market – Apple – New Apple watch could use up to one third of total annual gold supply – Apple expects…
“Cyber Security Loophole”- Bank Hackers “Unfettered Access” To Accounts
“Cyber Security Loophole”- Bank Hackers “Unfettered Access” To Accounts – Bank accounts at majority of banks in Britain and Ireland are vulnerable to hacking says Financial Times – Two-step authentication process used by most banks is inadequate – Vulnerabilities identified…
“Cyber Security Loophole”- Bank Hackers “Unfettered Access” To Accounts
“Cyber Security Loophole”- Bank Hackers “Unfettered Access” To Accounts – Bank accounts at majority of banks in Britain and Ireland are vulnerable to hacking says Financial Times – Two-step authentication process used by most banks is inadequate – Vulnerabilities identified…