Commodity Trade Mantra

Posts Tagged ‘European Markets’

There’s More to the Gold Rally Than European Market Fears

You’ve probably read that gold’s breakout is resultant of what’s currently happening in Europe, but there’s much more to the story. If the dollar or any other fiat currency were universally acceptable at all times, central banks would see no need to hold any gold. The fact that they do indicates that such currencies are not a universal substitute.

Buckle Up, the European Crisis Will Be Back Soon

Expect the European Crisis to hit back with a vengeance – When you consider the European banking system which is leveraged at 26 to 1, it’s clear that there’s only one outcome possible here: Implosion

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