My colleague, Jim Rickards, has been right about Greece for the past five years. The way I see it, he’ll continue to be right about Greece.
What I’ve said all along, going back to 2010, is that Greece isn’t leaving the euro. There will be no ‘Grexit’. Nobody’s going to get kicked out or quit.
Whatever happens to Greece will have ramifications to the country and potentially other European countries.
If Europe then turns around and calls Greece’s bluff, throwing them out of the Eurozone, it’s likely we’ll get a lot more turmoil and volatility in the months ahead.
With the world economy declining, it’s no wonder politicians are beating on the drums of war.
The most important factor driving the value of an asset or a currency is something happening in a seemingly unrelated matter in another part of the world.
Yes folks, the Grexit is back on. Both sides are digging in. The new Greek government is adamant it doesn't want to continue with the bailout plan...
Investors now worry that if Russia’s oil revenues fall, the Russian government will find it hard to balance its budget and pay debts.
The US Federal Reserve meets this week and will release a statement on Wednesday US time, in which it is expected to end its quantitative easing program.