Greece “No” Vote Sets Stage for New Negotiations

Greece sent a resounding message to the EU powers that be overnight, with an overwhelming majority of the Greek people, backing the “No” camp which called for the rejection of the bailout proposals tabled by the country’s creditors last week. Faced with years of looming austerity including savage cuts to pensions and other social programs, … Continue reading Greece “No” Vote Sets Stage for New Negotiations

The Fed’s Insidious Monopoly of Money

In the business world, there is no force more powerful or coveted than that of a natural monopoly. Monopolies occur when a company draws upon its competitive advantage or position to such an extent that it is able to corner the market for a particular good or service. Competitive advantages such as location, pricing, innovation … Continue reading The Fed’s Insidious Monopoly of Money

Markets show Resilience in face of Greek Woes

The situation in Greece continues to dominate the attention of financial markets, and with events occurring thick and fast in Europe, digesting all of the latest announcements and their implications going forward is an increasingly muddlesome task for analysts. Markets reacted strongly yesterday to a another twist in the Greek story, as a leaked letter … Continue reading Markets show Resilience in face of Greek Woes

Looming Greek Default Sparks Market Turmoil

After years of endless political negotiations and crisis summits, it looks increasingly certain that Greece is set to default on its current debt obligations, a move that would almost certainly trigger a broader exit from the EU altogether. News flow on the Greek situation has been fluid over the weekend, with the Greek government rejecting … Continue reading Looming Greek Default Sparks Market Turmoil

Oil Prices Remain Steady in face of Greek Crisis

Crude oil prices continued to form a broad base of support around the $64 per barrel mark overnight, as a report from the EIA showed inventories fell for the eighth straight week in a row. Falling crude inventories are being welcomed by analysts as a sign that the supply glut which has led to savage … Continue reading Oil Prices Remain Steady in face of Greek Crisis

The Bond Market Time Bomb

One of the most glaring consequences of the easy money policies which have been enacted all over the world, is the unprecedented formation of bubbles in “paper ” assets. Faced with a glut of cheap liquidity, and concentrated buying via central banks via the help of their respective printing presses, government bonds in particular have … Continue reading The Bond Market Time Bomb

27 Surprising Uses of Silver

Gold often takes center stage when it comes to precious metal investing and analysis, but there is a growing realization that silver may actually represent the best long term value going forward due the rapidly increasing demand for silver from a variety of different manufacturers. Unlike gold, which is usually hoarded away as part of … Continue reading 27 Surprising Uses of Silver

Top 10 Gold Holding Nations

As the world’s economies continue to lurch into increasingly dangerous territory, it comes as no surprise to find many of the world’s most powerful nations trying to increase the quantity of their gold reserves as means of insuring themselves against the growing threat of an unravelling of the fiat based global currency system. Should government … Continue reading Top 10 Gold Holding Nations

Rising Gasoline Stokes Inflation

The recent inflation data released by the labor department showed a sharp increase in inflation across the board for the month of May, with prices rising 0.4% on a monthly basis versus 0.1 percent in April. May’s increase was the largest monthly rise in over two years, largely on the back of stabilizing prices throughout … Continue reading Rising Gasoline Stokes Inflation

How Greece is Affecting Wall Street

Concerns of a looming default by Greece have led to a growing sense of uneasiness amongst investors in recent days, exacerbated by the fact that negotiations by the Greek government and its creditors have largely failed to find common ground on key issues. The current negotiations center around Greece’s funding requirements for an immediate $1.8bn … Continue reading How Greece is Affecting Wall Street