It's an old video, but explains the facts very clearly
About Me
- ASH (Ashutosh Singh)
- Financial Advisor, GTA, Ontario, Canada
- Investment, Insurance, Tax & Estate Planning
Wednesday, December 1, 2010
Tuesday, November 30, 2010
New phase of debt crisis! Striking NOW! Despite rescues!
Sadly, though, even while most Americans were enjoying the holiday or hitting the malls, much of Europe was sinking deeper into a new, more severe phase of its sovereign debt crisis.
This crisis is unfolding despite Herculean rescues by the European Union, the International Monetary Fund and the U.S. Federal Reserve.
It’s striking right now. And it’s threatening to spread to all of the world’s big debtor nations, including the biggest of all — the United States.
New phase of debt crisis! Striking NOW! Despite rescues!
US Mint Sells Record 4.2 Million American Eagle Silver Coins In Nov 2011
The U.S. Mint's American Eagle silver coins sales are set to rise to a record above 4 million ounces in November, as a European sovereign debt crisis and economic uncertainty prompted individual investors to bet on silver and gold as safe havens.
The Bond Bubble Just Popped
U.S investors have been pouring additional money into bond funds, each and every week, ever since December 2008. This historic streak for bond fund inflows has been an enduring sign of post-crisis sentiment, but last week it finally came to an end.
"Bond funds suffered outflows of $4.33 billion, the first week of outflows since December 17th, 2008," according to Citi's Tobias Levkovich in a recent note.
Read more: http://www.businessinsider.com/the-bond-bubble-just-popped-2010-11#ixzz16llL1CbQ
Subscribe to:
Posts (Atom)