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  • Europe Braces Itself for Grexit Chaos

    From handelsblatt.com

    As European leaders meet later on Tuesday, for yet another summit, to discuss Greece, currency traders are wondering how to react. So far things have been relatively calm. The euro had drifted down to $1.0969 on Monday, but had risen to $1.1025 on Tuesday. Stock markets too were relatively steady, given the political turmoil in Europe. “The market reaction has been quite muted so far,” Nick Stamenkovic a macro stratetegist at securities broker RIA Capital Markets in Scotland told Handelsblatt Global Edition. “We are not in the same position as 2011 and 2012. The European Central Bank has firewalls in place, and ... (full story)

Its great is it not! Work hard all your life, miss a payment and the banks come down on all of us so hard, with penalties, credit reference marks against us, and when its them that cant pay its people, do they get to claim default fee's for not getting ones own money out?

This world is seriously screwed up and we are just slaves to all the huge corporations out there. While I see things like this happening far afield it makes me wonder when will the time come it happens to us? I will just keep buying silver and gold physically no matter what anyone says a hedge to this corruption, never will a bank or any government demand my hard precious metal.........
  •  Guest
  • | IP XX.XXX.86.73
What's important to note is that of all this talk about Greece and Euro, the one that's tumbling down is GBP. Euro is not under any pressure, while GBP is being mauled by USD and JPY - just look at your charts they don't lie. Try explaining where is the logic ?
  •  Guest
  • | IP XX.XX.144.186
except they will demand your gold just like the USA did in 1933.
Euro will tank...Market Makers are gonna get bargain prices at lower levels...Get ready for 1.0500..Thats me just saying
If there is no enemy within, the enemy outside can do us no harm...
"This world is seriously screwed up and we are just slaves to all the huge corporations out there."

Oh but even silver and gold will be counted as worthless in the coming future. (Zeph 1:18; Ezek 7:19) Nothing is really SAFE. The same "brilliant" minds that have currency in this situation will do the same for anything deemed as "valuable". Keep it in perspective.
Quoting Guest
What's important to note is that of all this talk about Greece and Euro, the one that's tumbling down is GBP. Euro is not under any pressure, while GBP is being mauled by USD and JPY - just look at your charts they don't lie. Try explaining where is the logic ?

UK budget tomorrow.
Quoting Guest
except they will demand your gold just like the USA did in 1933.
they can demand all they like, i wont be stupid enough to give it to them, back then people had faith in the Government, do you have faith in the Government now a days?

2 days after people turned in their Gold, gold prices went up
Quoting Nut
UK budget tomorrow.
Bad UK data, hit a daily supply level and bounced a little, nothing more demand being respected supply being removed , it is still bullish longer term, if your highest time frame is up to the 4 hr chart then I agree bearish, I am short the gbp at the moment
Quoting FxMaximus
"This world is seriously screwed up and we are just slaves to all the huge corporations out there."

Oh but even silver and gold will be counted as worthless in the coming future. (Zeph 1:18; Ezek 7:19) Nothing is really SAFE. The same "brilliant" minds that have currency in this situation will do the same for anything deemed as "valuable". Keep it in perspective.

gold and silver will never be worthless, it cant be printed it cant be made, all electronic devices need gold / silver, just take a page from history, gold and silver have always been around and always will be, never believe the crap anyone spews about precious metals being worthless
Quoting Nut
UK budget tomorrow.
Ah yes, I forgot that.

I was blaming what looks like a leak of the UK manufacturing figures.
Carbon-Dioxide: the gas of life!
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  •  Guest
  • | IP XX.XXX.230.154
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