Nov
25
2011 has been year of mixed reactions and sentiments for financial markets. Economies kept on struggling to leap out of sovereign debt crisis but only found themselves in greater mess. US had to increase its debt ceiling yet again this year, Britain’s debt cut measures measurably failed as government had to give up on falling …
Permanent link to this article: http://www.wealthson.com/1766/how-will-financial-events-unfold-in-2012
Nov
17
Larry Lang, chair professor of Finance at the Chinese University of Hong Kong, delivered a lecture to his students where he described the real state of Chinese debts. He asked not to do any recording, audio or video, of the lecture in any way and asked students not to speak about it outside the classroom …
Permanent link to this article: http://www.wealthson.com/1762/chinese-regime-is-already-bankrupt-according-to-a-professor-at-chinese-university-of-hong-kong
Oct
21
Currency markets just saw slide of DOLLAR/YEN to lowest level since World war II. Reasons of the fall are still not clear but I see it is because of expectations of QE3/QE4 (as you may conceive it) which lead to breaking of technical support levels. This lead to Dollar/Yen dive below 75.80 level, never seen …
Permanent link to this article: http://www.wealthson.com/1733/dollar-dumped-dollaryen-falls-most-post-world-war-ii-level
Sep
16
This is Ben Bernanke saying he has no idea where $500 Billion went after they were swap against Euro. Bernanke also failed to tell why the dollar exchange rates changed by 20% during the period when swap was taking place. Here is a video of nervous Bernanke. Hold on Mr. Chairman there is more to …
Permanent link to this article: http://www.wealthson.com/1710/bernanke-has-no-idea-where-half-a-trillion-dollars-went
Sep
15
Wikileaks has uncovered a declassified cable from John Huntsman indicating China’s clear understanding of the growing tension and comprehension of the ability of the US to entirely destroy it economically with one swipe of the Presidential pen via a massive devaluation of the USD or repegging to gold. Evidently, while we may be used to …
Permanent link to this article: http://www.wealthson.com/1708/will-us-peg-dollar-to-gold-again-china-is-afraid-wikileaks
Sep
14
The euro fell toward its weakest level in a decade against the yen on speculation Greece is nearing default and as Italy’s borrowing costs rose at a sale of 3.9 billion euros ($5.3 billion) of bonds. The 17-nation currency fluctuated against the dollar after a statement by a spokesman for French President Nicolas Sarkozy that …
Permanent link to this article: http://www.wealthson.com/1698/euro-at-decade-low-against-yen-on-european-debt-concern
Jul
26
Jim Rogers, in an interview with CNBC, tells how US debts are no more sustainable. Here are some important points he made in the interview: *Jim says all Bernanke know is printing money. *He also raises concerns on QE3 *In case of another financial crisis US will not be able to raise more debt. *He …
Permanent link to this article: http://www.wealthson.com/1472/all-bernanke-only-knows-is-printing-money-jim-rogers
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Name: Hitesh