The Greek debt crisis is on every front page. Behind many of the headlines is an assumption that a Greek default and exit from the euro would be an unprecedented, unthinkable disaster. However, Athens’ problems are hardly unique. Little more than a decade ago, Argentina’s economy went through a similar process. Like Greece, Argentina fixed [...]
China is on the edge of a massive prize fight with global central banks. The prize is domination of the world’s gold supply. The fight has already begun. This, coupled with investors taking on more risk again, and the biggest winner in 2012 could be a surprise … gold exploration stocks. Gold exploration stocks can [...]
Today I’m going to cast my eye across the oceans to Greece . The announcement of the $130 billion bailout has not ended Greece’s problems by any stretch of the imagination. I am sure you have already read about the fact that the optimistic outcome is that Greece will have a debt to GDP of [...]
There’s no mistaking it. Uranium is a touchy subject, and it’s been exposed to some wild swings. After rising aggressively in 2010, the uranium spot price dropped after the Fukushima Daiichi nuclear disaster. It fell straight to $50, before bouncing and then re-testing this level again five months later in August. In the six months [...]
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