Commentary

This Is What Gold Does In A Currency Crisis, Euro Edition

January 23, 2015 0

by John Rubino on January 22, 2015  Today the European Central Bank acknowledged that the currency it manages is being sucked into a deflationary vortex. It responded in the usual way with, in effect, a massive devaluation. Eurozone […]

Financial

The Politics of Economic Stupidity

January 21, 2015 0

JosephEStiglitz Joseph E. Stiglitz, a Nobel laureate in economics and University Professor at Columbia University, was Chairman of President Bill Clinton’s Council of Economic Advisers and served as Senior Vice President and Chief Economist of […]

Commentary

The End Of The World Of Finance As We Know It

January 19, 2015 0

 January 18, 2015  Posted by Raúl Ilargi Meijer  DPC Longacre Square, soon to be Times Square 1904  I’ve said before, and quite a while ago too, – more than once-, that the world of investing as we’ve come to […]

Financial

What In The World Just Happened In Switzerland?

January 16, 2015 0

By Michael Snyder Central banks lie.  That is what they do.  Not too long ago, the Swiss National Bank promised that it would defend the euro/Swiss franc currency peg with the “utmost determination”.  But on […]

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