The EU Has Already Broken Up… They Just Haven’t Formalized Yet
I’ve often been labeled as “Gloom and Doom” in the past, but the situation in Europe today is beyond anything I’ve ever seen before. It is highly likely that the…
I’ve often been labeled as “Gloom and Doom” in the past, but the situation in Europe today is beyond anything I’ve ever seen before. It is highly likely that the…
Europe is heading into a full-scale disaster. You see, the debt problems in Europe are not simply related to Greece. They are SYSTEMIC. The below chart shows the official Debt…
As I’ve assessed in earlier pieces, neither the Fed, nor the IMF, nor the EFSF, nor the ECB has the firepower or the political backing to prop up Spain or…
Last year I wrote a piece in which I noted that the EU would implode before the end of 2012. The reason for this was clear as day: EU banks…
The following is an excerpt from my most recent issue of Private Wealth Advisory, my newsletter for private clients. In it, I lay in clear unassailable terms why the Spanish…
The following is an excerpt from my most recent issue of Private Wealth Advisory, my newsletter for private clients. In it, I lay in clear unassailable terms why the Spanish…
Spain’s Bailout is one big lie. I know, I know… Spain is “saved” thanks to a €100 billion bailout. But no one is asking just where this money will come…
The Euro and stocks both gapped sharply up over the weekend on news that EU finance ministers are moving forward with a €100 billion Spanish bailout. A few thoughts on…
The following is an excerpt from my latest issue of Private Wealth Advisory. In it I outline two key developments in Europe which virtually NO ONE is talking about: the…
Talk of QE and rumors of coming Central Bank Intervention pushed stocks and Gold higher on Monday. It’s odd to hear these rumors when every major Central Bank has in…
Europe will collapse before the end of the year and very likely before the end of the summer. When this Crisis hits it will be worse than 2008. And the…
Once again the US economy is tanking and everyone is talking QE 3. Sorry folks, it ain’t coming. Bernanke said point blank that it was less attractive as a monetary…
The following is an excerpt from my latest issue of Private Wealth Advisory. In it I outline how Greece’s decision to pay the bondholder holdouts 100 cents on the Dollar proves…
The following is an excerpt from my latest issue of Private Wealth Advisory. In it I outline how Greece’s parliamentary election could break-up the Second Greek Bailout as well as…
France and other, weaker EU members have begun pushing for “growth.” This in of itself reveals how clueless the political elite in the EU are (economic growth in Europe is…
Today, we are witnessing the investment world’s slow awakening to the fact that the monetary actions taken by the world’s Central Banks have not in fact solved the issues leading…
The following is an excerpt from my latest client letter. The collapse of Europe is occurring just as I forecast. While the media and even the politicians are failing to…
As I’ve noted in previous articles, politics, not economics, rule Europe. What I mean by this is that most major decisions in Europe are determined by political agendas that ignore…
We have entered an extremely dangerous environment: one in which the primary prop for asset prices (Central Banks) are running out of ammunition. This will have profound consequences for all…
With so much hanging in the balance, I went to Paris, France to witness the results of the French elections first hand. I arrived Sunday morning, May 6th, the day…