|
|
Michael Snyder: Most Americans have no idea how much economic trouble is heading our way. Most of them just assume that everything will eventually “return to normal” just like it always has before and Read more…
Stoyan Bojinov: Domestic equity indexes started off in the gutter on Tuesday so to speak after the latest housing market data sparked a wave of profit taking across Wall Street. Investors fretted over worse-than-expected housing starts in February; this figure came in at 698,000 versus the previous Read more…
Dominique de Kevelioc de Bailleul: On Friday, it’s now official: Greece defaults. Zerohedge called the event: The biggest debt writedown in human history. Strangely, or not, there was no press conference by the ECB, no bold-letter headlines about the event. Nothing. There was nothing but an Read more…
Michael Snyder: Well, it is official. The restructuring deal between Greece and private investors has been pushed through and the International Swaps and Derivatives Association has ruled that this is a credit event which will trigger Read more…
NASDAQ:EUFN, NYSE:EWG, NYSE:EWI, NYSE:EWP, NYSE:GREK, NYSE:IEV, NYSE:VGK
Dominique de Kevelioc de Bailleul: Speaking with King World News, Goldmoney’s James Turk reiterated his $70 silver price target—but brazenly violates the rule of ‘responsible crystal balling’ by adding a date along with his price prediction. Turk expects a double within 90 days. Read more…
Michael Snyder: I wish that I had an “aha moment” to share with you today, but instead all I have is an “ack moment” to share. As I was analyzing all of the info coming out of Europe (NYSEARCA:VGK) in recent days, I came to the following realization: “Ack! They are actually going to let Greece default!” Read more…
Tim Seymour: There is a new parliament in Athens and Nicolas Sarkozy says the European Union has found a “solution” for Greek debt that involves private investors. But where do we — and the euro — go from here? Read more…
Most Comments