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• Archives

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  • Trichet calls for tougher euro rules September 10, 2010
    The ECB president travels this weekend to Basel, Switzerland, were he will chair talks on new “Basel III” capital rules for banks. He refused to comment in detail ahead of the meeting, but warned banks that they could not in future expect the world’s taxpayers to put at stake such huge sums in rescue packages as in the past three years. “We cannot do that tw […]
  • Richard Russell - Graveyard of Fiat Money September 10, 2010
    In Richard Russell’s commentary this week, the Godfather of newsletter writers discusses a decade of losses, fiat money being put to the test, ending an era of frivolity and real money (gold). In a time of great uncertainty, sometimes it is a good idea to turn to those with decades of market experience. As usual Russell kept his eye on the big picture. Here […]
  • HEDGING CHAOS WITH GOLD September 10, 2010
    The nasty fiscal arithmetic of imperial decline that Harvard professor Niall Ferguson refers to is America’s unsustainable debt. Growing levels of debt according to Ferguson are now about to drive the US, like other great powers before it, over the edge of chaos; an event Ferguson believes will come sooner rather than later. […]
  • Marc Faber on the global economy September 10, 2010
    […]
  • This week Max Keiser and co-host, Stacy Herbert, look at the scandals of no fiscal or monetary ... September 10, 2010
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