Articles in the Currency Category

Will Gold Hit $3,000 on Euro Collapse?
Posted in Currency, Economics on 5 May 2010

One analyst seems to think it might happen. David Rosenberg, analyst at Gluskin Sheff, says the breakdown of the euro could well drive the price of gold to $3,000. Today the euro dropped to $1.28, and it is down over 12% from its high of $1.51 against the US dollar.
In a note to investors, Rosenberg [...]

Is The UK Bankrupt?
Posted in Currency, Economics on 3 October 2009

Daniel John Hannan is a British politician (representing the Conservative Party) and a Member of the European Parliament. In this scathing MUST-SEE speech in March 2009, he tells the UK Prime Minister, Gordan Brown, that the UK has negative equity, has run out of money and that he’s a “devalued prime minister of a devalued [...]

Jim Rogers: Why You Should Invest In Asia And Commodities
Posted in China, Currency, Inflation, Silver on 22 September 2009

Jim Rogers is one of my favorite investment “gurus”. Unlike many others, he’s made billions from investing as opposed to peddling investment advice and he puts his money where his mouth is. He has recently moved his family and household, lock, stock and barrel to China and believes Asia is the economic powerhouse for the [...]

HyperInflation In The US: Possibility Or Reality?
Posted in Currency, Economics, Gold, Headline, Inflation, Silver on 10 September 2009

Here’s an exceptionally well made video by the National Inflation Association. If you don’t believe in hyperinflation (or even if you do) this eye-opening video will entertain and educate you regarding the historical currency devaluation that several other countries have faced and the total break down of economies like Zimbabwe. It also goes to explain [...]

China To US: “We Hate You, We Hate You”
Posted in China, Currency, Economics on 6 September 2009

This is a quote from the video below,
We hate you, we hate you. You’re spending a trillion dollars and effectively devaluing your currency.
No wonder the Chinese government hates the US! They own a few trillion US dollars worth of currency and bonds and when we devalue our currency, they take a multi-billion dollar haircut. The [...]