Brexit: This Should Terrify Investors Everywhere Prime Minister David Cameron is threatening Paris, Berlin, Rome and 24 other European capitals with a referendum over his country’s membership in the European Union (EU). Americans may feel shielded from European events, but Britain’s departure from the EU, nicknamed the Brexit,…
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 be…
There’s increasing noise that questions whether gold prices are being manipulated. Given the current events in the eurozone especially, along with what’s happening elsewhere in the global economy, gold prices aren’t moving higher. In fact, they are going down. The complete opposite of what conventional wisdom says; the…
On Sunday July 5th, Greece’s referendum went in favor of Prime Minister Alexis Tsipras, prolonging market uncertainty and stoking fears of an economic collapse in the Mediterranean region. With most ballots counted, 61% of the country overwhelmingly voted against an austerity program from the European Union and the…
The Bank of England is warning that a Greek debt default could ripple across global financial markets, possibly triggering a global economic collapse and stock market crash in 2015. In the Financial Stability Report, U.K. central bank Governor Mark Carney said, “the risks associated with Greece and its failure so far…
While central bankers and media outlets try to prop up financial markets with upbeat rhetoric, investors should be worried about a Greek economic collapse and possible stock market crash as early as next week. At least, that’s according to billionaire investor Jim Rogers. In an interview with Russia Today…