Tag Archives: commodities

Prediction: A Three Year Grexit Will Commence After “The Last Chance” EU Summit

Soon the wait will be over. Greece submitted a final compromise plan to the EU on Thursday, and the European finance ministers will meet now to discuss the proposal. This will be followed by an emergency summit for all 28 EU nations on Sunday to make a final decision on Greece’s future. The summit on Sunday is being billed as

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The Myth the Economy is Recovering

The Dow hit a new record high yesterday, topping 14,264. The previous record was 14,198.10, set in October 2007, when investors were squarely focused on the Federal Reserve (Fed). The Fed had cut rates for the first time in four years and bought over $40 billion a month of toxic debt from banks because the housing implosion was hitting consumers and

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Sign of Another Meltdown Approaching: Gold rises and breaks record

Gold rose to a record in London and New York as other commodities gained on speculation demand for raw materials will increase and as investors bought the metal to protect wealth from Europe’s financial turbulence. Get ready folks this is a sign another meltdown is on it’s way. If you’re an astrologer you know why I’m saying this. Read more at: http://www.bloomberg.com/news/2010-06-21/gold-rises-to-a-record-on-buying-from-investors-seeking-to-protect-wealth.html

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