Eurozone

Formally established in 1993, the eurozone, often referred to as the “European Union,” is a political and economic union established after the ratification of the Maastricht Treaty by members of the European Community. It has since expanded to include some Central and Eastern European nations. The establishment of the eurozone provided for the creation of a central European bank and the adoption of a common currency: the euro. The idea behind the eurozone is to create a single geographical market where goods, services, and money can be exchanged freely.


Economic Collapse: Italy Youth Unemployment Hits Record High 44.2%

By Saturday, August 1, 2015
Italy Youth Unemployment Hits Record High 44 PercentImage by Tax Credits
Youth unemployment hit a 33-year high in June, according to the latest data from the Italian national statistics office, signaling the troubled country and the wider eurozone area could be on the verge of economic collapse. It’s the disappointing unemployment rate that indicates the economic collapse would
.

Next Stock Crash: Is Dr. Doom Right This Time?

By Friday, July 24, 2015
Stock CrashMany of us are wondering: when will the next stock crash be? Are we on the brink now? And how bad will it be? Well, Marc Faber (aka Dr. Doom) suggests the next stock crash could range from 20% to as high as 40%. If you have followed the contrarian investor, you would realize that he has long been a bear, even during the amazing bull market that started.

Stock Market Investing: Watch the False Confidence

By Friday, July 17, 2015
Stock Market Investing False ConfidenceWatching the stock market rise for the fourth straight day on Tuesday, I’m left wondering about the false confidence that appears to be on the surface. My view is that the current state of stock market investing should continue to be guarded with caution and selling into strength. Greece and its lenders appear to have a deal in place; .

Stock Market Right Now: 3 Variables That Could Drive It Lower

By Monday, July 13, 2015
Stock Market DownInvestors were jumping into stock buying on Thursday morning. But while it may be an encouraging sign for the stock market, my advice is not to be fooled by this dead cat bounce. We will likely see oversold buying after bouts of deep selling (as we have been witnessing). I doubt there are sustainable market gains around the corner; unless.

Economic Collapse: Greeks Hoarding Hard Assets to Preserve Savings

By Friday, July 10, 2015
Economic CollapseGreeks are rushing to buy hard assets—from ovens, to refrigerators, and dishwashers—any hard assets that can hold their value to protect their savings, according to a recent report in The New York Times. (Source: Greeks Spend in Droves, Afraid of Losing Savings to a Bailout, July 9, 2015.) Greek banks have been shut down since June.
Sep. 4, 2015
Trailing 12-month EPS for Dow Jones companies (Most Recent Quarter) $1014.15
Trailing 12-month Price/earnings multiple (Most Recent Quarter)

17.44

Dow Jones Industrial Average Dividend Yield 2.62%
10-year U.S. Treasury Yield 2.19%

Immediate term outlook:
The bear market rally in stocks that started in March 2009, extended because of unprecedented central bank money printing, is coming to an end. Gold bullion is up $1,000 an ounce since we first recommended it in 2002 and we are still bullish on the physical metal.

Short-to-medium term outlook:
World economies are entering their slowest growth period since 2009. The Chinese economy grew last year at its slowest pace in 24 years. Japan is in recession. The eurozone is in depression. With almost half the S&P 500 companies deriving revenue outside the U.S., slower world economic growth will negatively impact revenue and earnings growth of American companies. Domestically, America’s gross domestic product grew by only a meager 2.3% in the second quarter, which will negatively impact an already overpriced equity market.

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From: Michael Lombardi, MBA
Subject: The $2 Silver Stock Every Investor Should Own!

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