Tag Archives: greece

Banks in Greece to Reopen Monday with Capital Controls Still in Place, New Problems for Puerto Rico and Jade Helm Begins…

With the European Central Bank finally agreeing to extend the much needed “emergency liquidity assistance” (read: cash), the banks of Greece are set to reopen on Monday. Capital controls are expected remain in place with daily limits on withdrawals set … Continue reading

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In a Burning Building with Copper, New Housing Starts, and the Labor Participation Rate Falling All Around Us

The price of copper has fallen by more than 13% since May and hit a 5 year low last week. You might be wondering, what does copper have to do with gold? As we mentioned back in January, when copper … Continue reading

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China Bans Stock Selling to Stem Meltdown, NYSE Closes on “Glitch”

China has issued a ban on the selling of stocks and bonds for large shareholders for the time being as part of an effort to prevent a complete “1929-style event.” The Shanghai Composite Index has seen a decline of more … Continue reading

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U.S. Mint SELLS OUT of Silver

As we covered at the end of last week, sales of gold and silver coins from the U.S. Mint have recently skyrocketed as a result of increased consumer demand coupled with low prices. Overall sales from the mint increased more … Continue reading

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“Bank Holiday” and Capital Controls in Greece Extended. Banks to Remain Closed.

Imagine going to the bank for some cash and seeing it surrounded by riot police. You try the ATM but it is “out of service”. You’re hungry and low on food so you take what little cash you have left … Continue reading

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Greece Calls for “Bank Holiday” and Capital Controls: Banks Closed for Next Week

Lines are wrapping around the block at ATMs throughout Greece as citizens wait to withdraw their money. A significant number of ATMs are already out of cash.   Last week, many thought that Greece and the IMF were close to … Continue reading

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Is the Stage Being Set for World War 3?

Throughout history there has always been a war going on somewhere, so it is nothing new that right now there are many pockets of the world currently embroiled in violence and unrest. But it is when grander dialogues emerge that … Continue reading

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January 2015 was the Best Month for Gold in 3 Years

Last month, several economic and geopolitical factors drove more investors to buy gold as a safe haven asset, leading to its biggest monthly gain in over three years. Here’s what happened: Uncertainty in Europe Switzerland de-pegged their currency from the … Continue reading

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