November Wraps Up
Just Say No – To Minarets The Swiss people have passed a ban on all minaret (a Moslem tower from which prayers are sung) construction within the country – despite the Swiss government’s active campaign against the ban. Unsurprisingly, worldwide criticism quickly flooded European media outlets. Presumably, tolerance should be extended to everyone – except [...]
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That’s No Bull
Senior precious metals analyst John Nadler has recently and repeatedly said that gold is not in a bull market: We will repeat that which should be obvious, in case you have doubts about where this writer stands: Gold is NOT in a bull market. The dollar is in a bear market. Kitco No word on [...]
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- Tags: bull market, gold, John Nadler, kitco
When Irish Eyes Are Crying
Earlier this year, Ireland lost its AAA credit rating, but now the assessment is much bleaker. Yesterday, Fitch cut Ireland’s credit rating by two “levels” to AA-. This puts the country on par with the Italians, and more likely to default than Slovenia or Abu Dhabi. Ireland’s woes are now familiar. Dependent on banking and [...]
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