Chart usGOLD   Chart usSILVER  
 
Food for thought
The opinion of 10,000 men is of no value if none of them know anything about the subject
Marcus Aurelius  
Search for :
LATEST NEWS  :
MINING STOCKS  :
Subscribe
Write Us
Add to Google
Search on Ebay :
PRECIOUS METALS (US $)
Gold 1285.80-3.48
Silver 19.550.08
Platinum 1421.201.50
Palladium 895.402.15
WORLD MARKETS
DOWJONES 17080-39
NASDAQ 4558-12
NIKKEI 15425-35
ASX 56253
CAC 40 43748
DAX 94664
HUI 2423
XAU 1011
CURRENCIES (€)
AUS $ 1.4126
CAN $ 1.4310
US $ 1.3190
GBP (£) 0.7954
Sw Fr 1.2060
YEN 137.1460
CURRENCIES ($)
AUS $ 1.0710
CAN $ 1.0848
Euro 0.7581
GBP (£) 0.6030
Sw Fr 0.9143
YEN 103.9750
RATIOS & INDEXES
Gold / Silver65.77
Gold / Oil13.54
Dowjones / Gold13.28
COMMODITIES
Copper 3.150.02
WTI Oil 94.950.40
Nat. Gas 4.03-0.02
Market Indices
Metal Prices
RSS
Precious Metals
Graph Generator
Statistics by Country
Statistics by Metals
Advertise on 24hGold
Projects on Google Earth
In the same category
European Bailout!
Published : February 23rd, 2013
409 words - Reading time : 1 - 1 minutes
( 0 vote, 0/5 ) Print article
 
    Comments    
Tweet

Read the Thursday Afternoon Wrap-Up for 2/21/2013 and the Friday Morning Commentary for 2/22/2013

Irrespective of Mario Draghi’s plan to do “whatever it takes” to save the Euro…

ECB’s Mario Draghi unveils bond-buying euro debt plan

…the European economy is in FREEFALL; as validated by last week’s announcement the ENTIRE CONTINENT is in recession…

Europe’s recession deepened in 4th quarter as economy shrank 0.6%

…featuring its lowest automobile sales EVER…

Chart of the Day: Europe’s Decimated Car Market

Even hope is dying…

Rajoy Summarizes Overnight (And Recurring) Sentiment: “There Are No Green Shoots, There Is No Spring”

…as social unrest expands…

Previewing Tomorrow’s First Greek General Strike Of 2013

…and political tension proliferates…

Italy’s North-South Divide, and Lombardia’s Starring Role in the Elections

Worse yet, a MAJOR component of Europe’s woes is a collapsing export engine…

Europe’s recession deepens as exports suffer

…the victim of not only weakening demand, but cost pressures related to erupting CURRENCY WARS…

Euro Is Currency War’s First Casualty

…which will expand exponentially as the impact of the recent Yen devaluation kicks in…

Japan Welcomes Abenomics with Record Unadjusted Trade Deficit in January

…as conceded by top ranking Central bankers in Germany…

German Bundesbank Warns Japan on Currency War

…the UK…

Please Welcome UK to the Global Currency Wars

…Switzerland…

Switzerland and Britain are now at currency war

…and the EU itself…

CURRENCIES: Euro Remains Weaker After Juncker Warning

Thus, it should be no surprise the latest ECB “publicity stunt” – to try and convince “sheeple” that LTRO-receiving banks no longer needed the money; was a MISERABLE FAILURE…

LTRO Repayment Enthusiasm Evaporates

…and even less so, that $237 BILLION of freshly PRINTED dollars were “injected” last month into European banks by the “printer of last resort”; “Helicopter Ben’s” Federal Reserve…

The Fed’s Bailout of Europe Continues With Record $237 Billion Injected Into Foreign Banks in Past Month

Yes, $237 BILLION was PRINTED for “recovering” European banks; atop the $85 BILLION the Fed prints each month for “quantitative easing”…

…yet we are told to “trust” TPTB that all is well…

Schaeuble: Worst of euro crisis ‘behind us’

…as unemployment surges to new ALL-TIME HIGHS…

Euro-Area Unemployment Rate Rises to Record 11.8% amid Recession

Sometimes, little incremental commentary is required to describe indisputable FACTS; and in this case, the FACTS state Europe is on the verge of economic collapse.  Watch what the world’s financial leaders do – not what they say; and you will know the TRUTH.

Data and Statistics for these countries : Germany | Japan | Switzerland | All
Gold and Silver Prices for these countries : Germany | Japan | Switzerland | All
Tweet
Rate :Average note :0 (0 vote)View Top rated
Previous article by
Andy Hoffman
All articles by
Andy Hoffman
Next article by
Andy Hoffman
Receive by mail the latest articles by this author  
Latest comment posted for this article
Be the first to comment
Add your comment
TOP ARTICLES
Editor's picks
RSS feed24hGold Mobile
Gold Data CenterGold & Silver Converter
Gold coins on eBaySilver coins on eBay
Technical AnalysisFundamental Analysis

Andy Hoffman

Andrew Hoffman was a buy-side and sell-side analyst in the United States (including six years as an II-ranked oilfield service analyst at Salomon Smith Barney), but since 2002 his focus has been entirely in the metals markets, principally gold and silver. He recently worked as a consultant to junior mining companies, head of Corporate Development, and VP of Investor Relations for different mining ventures, and is now the Director of Marketing for Miles Franklin, a U.S.-based bullion dealer.
Andy Hoffman ArchiveWebsite
Most recent articles by Andy Hoffman
8/29/2014
8/29/2014
8/28/2014
8/28/2014
8/27/2014
All Articles
Comment this article
You must be logged in to comment an article8000 characters max.
 
Sign in
User : Password : Login
Sign In Forgot password?
 
Receive 24hGold's Daily Market Briefing in your inbox. Go here to subscribe or unsubscribe.
Disclaimer