Commodity Trade Mantra

Posts Tagged ‘Common Currency’

Eurozone Wants to Force Common Fiscal Control, Eurobonds - Jim Rickards

Greece now has to run its government according to German dictates. Greece has already outsourced its monetary policy to the ECB & now it’s sort of outsourced its fiscal policy to the German finance ministry. So you’re on a path to unified fiscal policy & ultimately the Eurobonds – bonds backed by full strength & credit of not just any one country but the entire Eurozone.

I Haven't Lost any Conviction on Gold and Silver: Eric Sprott

Of course it has been a very, very tough game for the last four years here. So far, everyone in the press is downplaying gold and silver but I haven’t lost any conviction whatsoever. There are lots of signs that the economy is not strong & it could fall apart pretty seriously all of a sudden. So you had better be prepared. Have some ‘good’ currency — gold and silver.

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