Original article from Bloomberg A new potential worry for investors has very quietly emerged in recent days: surging bond yields. Almost out of nowhere, the yield on the benchmark 10-year Treasury bond has quickly shot to five-month highs as investors price in further evidence the U.S. economy is truly recovering and inflationary concerns begin to [...]
TAJ MAHAL AND INDIAN RUPEE Three Currencies Ready for a HUGE Revaluation By Karim Rahemtulla, Senior Correspondent From WALL STREET DAILY See Dr. Pinna’s comments below… Both the U.S. dollar and euro are doomed. Why? Because in addition to being in slow-growth economies, saddled with debilitating debts, they’re [...]
Marc Faber: Right Now a Bubble in Safest Government Bonds From Bloomberg Marc Faber, publisher of the Gloom, Boom and Doom report, spoke to Bloomberg Television’s Sara Eisen and Erik Schatzker and said that investors have created a “bubble” in the “highest-quality” government bonds and should move to equities. Faber said, “People feel so insecure [...]
Gold Traders Most Bullish Since July After Plunge By Nicholas Larkin, from Bloomberg Gold’s biggest slump in three years means traders and analysts are now the most bullish in three months, speculating that Europe’s debt crisis, slowing growth and a bear market in equities will drive demand for bullion. Twenty-two of 25 people surveyed by [...]
Since I am on the Board of Directors of a very busy foreign exchange firm, I find myself watching currencies very closely. In the last month four currencies have leapt upwards as safe havens for investors getting out of the Euro and the U.S. Dollar. The four currencies are: 1. Japanese Yen 2. Swiss Franc [...]
Losing Euro in Defaults Brings No Threat to EU: Matthew Lynn Matthew Lynn should be the head of the E.U. He is the only writer/speaker in the entire area with sanity and brains… “It will be objected that the euro has to be preserved to keep the European Union together. That will certainly be the [...]
Bernanke, Geithner and Obama are the Movie Stars who are fronting for the International Capitalists who have invested Trillions in Asia. When Bernanke sits in a chair in front of a Congressional Committee and wrinkle his eyes and wipes his bald head, he is not thinking or deliberating about finance, he is trying to remember [...]
George Soros warns China of global ‘currency war’ George Soros has warned that a global “currency war” pitting China versus the rest of the world could lead to the collapse of the world economy. GEORGE SOROS He  told BBC Radio 4’s Today programme that China had a “huge advantage” over international competitors because it can [...]
