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Wednesday, April 24, 2013

Nouriel Roubini : eurozone austerity will not fix the problem

Nouriel Roubini
Famous Nouriel Roubini says that the absent policies which have to boost growth and the eurozone austerity will make things worse rather than fix the problem.
According to Roubini, as he stated at a conference the International Monetary Fund, the peripheral countries in the...

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Monday, April 22, 2013

Peter Schiff talks about gold reserves

According to the CEO of Euro Pacific Capital Peter Schiff,the recent price of gold is just a minor hiccup for the yellow metal. He is convinced that emerging market government will drive the price of the precious metal upwards because they lessen their dependence on bankrupt nations.
Peter...

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Saturday, April 20, 2013

Mario Draghi comments on a banking union

The President of the European Central Bank Mario Draghi has urged the seventeen countries which use the euro as a currency to complete a banking union so as to stabilize the financial sector of the bloc.
Mario Draghi said that it is essential to lay the foundations for a centralized banking...

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Wednesday, April 17, 2013

John Paulson suffers a loss of one billion dollars

Notorious investor John Paulson has lost 1 billion dollars due to the unexpected collapse of the gold price.
The hedge fund manager, who has made billions of dollars by forecasting the US subprime market implosion, had around 973 million dollars wiped off in the past few days of his...

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Tuesday, April 16, 2013

Marc Faber comments on gold

Famous Marc Faber has maintained his optimistic view of gold for the long-term. According to one of his recent articles, he is convinced that the bull market is nowhere near from over.
As far as Faber is concerned, assets which belong to the long-term secular bull market are experiencing...

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Saturday, April 13, 2013

Peter Schiff on David Stockman’s new book and the U.S. government

In his latest video Peter Schiff is defending David Stockman, the former Budget Director who left Reagan administration and who also protected over the failure of Reagan to achieve his mandate including lower spending and taxes.
Even though Schiff does not agree with many of Stockman’s...

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Wednesday, April 10, 2013

Jim Rogers buys gold coins from North Korea

The very idea that someone could invest in or buy from North Korea may outrage some people because the transactions might finance the controversial government. However, that is exactly the thing that famous investor Jim Rogers does.
The founder of the Quantum Fund together with George Soros said...

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Monday, April 8, 2013

T.Boone Pickens on the Strategic Petroleum Reserve

Billionaire T.Boone Pickens said that the U.S. energy will not need the Strategic Petroleum Reserve.
Moreover, he commented that natural gas and domestic oil were moving forward despite the fact that he thinks that the lawmakers in Washington are “incompetent”. Also, he added that the United...

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Saturday, April 6, 2013

Nouriel Roubini comments on the future of the United States and Japan

The chairman and co-founder of Roubini Global Economics  - Nouriel Roubini sees a bright spot in the future of the United States of America.
“Dr.Doom” says that investors should be raveling in U.S. equities for now, adding that the rather slow bul still improving growth, continued Fed...

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Nouriel Roubini comments on the future of the United States and Japan

The chairman and co-founder of Roubini Global Economics  - Nouriel Roubini sees a bright spot in the future of the United States of America.
“Dr.Doom” says that investors should be raveling in U.S. equities for now, adding that the rather slow bul still improving growth, continued Fed...

Read More: Nouriel Roubini comments on the future of the United States and Japan

Thursday, April 4, 2013

Mario Draghi on Cyprus bailout plan

As it was expected, the central bank which was elected so as to leave the benchmark refinancing rate without change at 0.75 and the deposit facility rate at 0 per cent.
The President of the European Central Bank Mario Draghi said in a press conference that he is expecting a gradual recovery in...

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Tuesday, April 2, 2013

Peter Schiff on Ben Bernarke's policy

The CEO of Euro Pacific Capital –  Peter Schiff lambasted the US Federal Reserve a couple of days ago and said that the U.S. dollar will collapse unless Ben Bernarke, the Fed Chairman reverses his policy, namely, unless he stops inflating the money supply.
According to Peter Schiff if Ben...

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