Articles tagged with: Europe

University of Maryland Professor Calls for $3,000 Gold
Posted in Economics, Gold on 10 November 2011

With the failure of Italy and the European Union imminent, Dr. Peter Morici, professor of economics at the Richard Smith School of Business at the Univesity of Maryland is calling for gold prices to hit $3,000 per ounce.
“With the implosion of Italy,” says the University of Maryland’s Peter Morici, “Portugal and Spain would not be [...]

Why Gold Could Appreciate For Decades
Posted in Economics, Gold, Inflation on 18 May 2010

Here’s a great video of Robert Cohen, portfolio manager and Goodman & Co, an investment fund in the top 2% in terms of returns.

He explains the reasons for the recent spike in gold prices and says that he expects gold to continue to appreciate for at least another decade if not several more.
If you [...]

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 [...]