Debt Politics in the (Formerly) Free World

Debt Politics in the (Formerly) Free World

May 20, 2011 by · 1 Comment 

COMMENTARY—Prospectingjournal.com—The US debt has skyrocketed to such a ridiculous level that it’s almost tempting to cheer it on, like when you near the rain-record in summer and actually start rooting for it, despite the misery. Well here I am in Canada, nervously standing on top of a nation that, proudly or not (I‘m guessing not), [...]

IMF Chief Waits for Bailout—The Irony

IMF Chief Waits for Bailout—The Irony

May 18, 2011 by · Leave a Comment 

COMMENTARY—Prospectingjournal.com—What happens when the man responsible for your bailout needs a bailout? This is the current irony sweeping through Greece and the Eurozone, as the recent arrest of the man behind the EU bailouts toyed with the euro, frightened traders and reignited debate on international currency markets. Known as the “sheriff” behind Greece’s bailout, IMF [...]

GOLD BREAKS $1500: THE PSYCHOLOGY OF SUCH BULLISHNESS

April 20, 2011 by · Leave a Comment 

COMMENTARY – ProspectingJournal.com – While the bears are out there circling and declaring the precious metals market to be yet another bubble waiting to be burst like the infamous tulip-bulb market, the price of gold broke through a major psychological barrier today. Intraday prices flirted with and finally broke the $1500/oz price point yesterday, while [...]

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