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The Euro Fiasco Suicide Formula (EFSF)
There is one simple rule for investors: avoid all things beginning with “Euro-“. Eurotunnel ended […]
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Mystery solved: ECB can’t afford the Greek barber shop
Whenever you come across a mystery in finance there always is an explanation. Like the […]
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The Greek (Ministry) Mystery of Finance
The Greek January – September budget deficit was EUR 19.16bn versus 16.65bn same period last […]
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To EFSF or not to EFSF – a Franco-German drama
(with simultaneous translation from Euro-lingo into plain English) 4:05: “Direct help for bank recapitalization from […]
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High Noon at the Swiss National Bank
Tomorrow, Thursday (October 6th), the Swiss National Bank will report its foreign currency reserves for […]
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The Fed, ZIRP and the French boomerang
Ben Bernanke promised to sit, like an elephant, on short-term interest rates for another two […]
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Bundesbank ready to pull the Euro’s ripcord
Something odd is happening. Germans are leaving the ECB. First Weber, then Stark. Why would […]
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Get your half-yearly dose of hopium from the IMF
With the publication of the half-yearly “World Economic Outlook” by the IMF it’s time again […]
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Save the Swiss Gold
According to an article in Swiss newspaper NZZ (Neue Zuercher Zeitung) the SVP party (Swiss […]
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Why China really needs to step up its gold purchases
Central banks own most of the world’s gold (30,562 tonnes compared to 2,158 tonnes in […]