https://www.youtube.com/watch?v=j4_tyEl84IQ At the heart of the European debt crisis is the euro, the currency that tied together 18 countries in an intimate manner. So when one country teeters on the brink of financial collapse, the entire continent is at risk. How did such a flawed system come to be? Bloomberg Television and Jonathan Jarvis present
Monthly Archives: July 2015
Iron ore price collapse deepens as mining industry inquiry abandoned
The cancellation of the inquiry in the mining sector was not a good news for some characters in the industry. Fortescue Metals Group Ltd., one of the biggest players in the iron ore industry at Western Australia failed to convince the government to execute the widely popular investigation in the mining business, making possible the attainment of reliable data.
The Mining Industry is wounded
All the markets around the world are in expectation because the severe problems in the European continent. Many indexes were truly hurt in the last couple of days. Specialised media has talked about all the ups and downs in the equity markets but the commodities are being ignored quite a bit.
Yes or No? Greece Again on the Brink: Greek Debt Crisis (Episode 1)
For the past five years, Greece has been struggling with a financial crisis that has led the country to the brink of an exit from the euro and an economic collapse. VICE News took to the streets of Athens in an effort to understand what this critical moment for the country might mean for its
As Greece officially defaults on loan repayments, IMF releases figures for Greek continuation of the Euro.
As Greece officially defaults on their previous loan terms, the IMF have concluded in order to sustain Greece until 2018, a total of 50 billion euro would need to be provided. The only other alternative would be a short term loan of 29 billion which is estimated to last Greece through to October 2016.
Terminology to understand before you buy physical precious metals
Precious metals are easy to buy, but there are a few terms to understand to really know what you are doing. Most buyers have no idea about these terms and they go straight ahead to buy what they want, while forgetting that buying bullion is actually a need, that need is to preserve wealth and attain precious metals as close to the global market price as possible
History: Fiat money inflation in France – Part 2: Assignats
Max Keiser, of maxkeiser.com, James Turk, Director of The GoldMoney Foundation and Pierre Jovanovic, jovanovic.com, tell the story of the introduction of Fiat Money to France. In this episode we look at the use of Fiat Money during the French Revolution and how monetary mismanagement made an already delicate situation even worse, destroying the nation’s
History: Fiat money inflation in France – Part 1: John Law
Max Keiser, of maxkeiser.com, James Turk, Director of The GoldMoney Foundation and Pierre Jovanovic, jovanovic.com, tell the story of the introduction of Fiat Money to France. They discuss John Law and how his money printing fix was seen by the French Regent as a way out of the kingdom’s debt troubles — accumulated by past
Gold Recovery and China-PBOC’s Trouble
The economy at an international scale has a stubborn flu. The European Union and Greece situation, denominated by the media as the “Grexit”, is impacting on all the markets and making falling almost all indexes. Even the strong and disciplined Asian potencies are being affected in a way or another. We can see precious metals having weeks of constant sinking and nobody do something about it. Maybe India can be responsible for the recovery of gold, silver and jewellery markets.
Gold is losing the race against the Dollar
These are not good days for gold prices. Too many important and relevant events eclipsing the precious metal market are going on. From America to Greece, there is big news in the economic matter. At every side, gold prices are getting hit and the fall continues.
