Wednesday, April 10, 2013
Could Germany Leave the Euro?
Of course Jim Willie reported the possibility of Germany and other Nordic nations leaving the current form of the Euro many years ago.
Thailand Gold Shops Run Out of Gold
After reading a story on silverdoctors.com about the gold stores in Bangkok's Chinatown running out of Gold (see story here) I thought I would check the situation with my cousin who lives in a provincial capital in central Thailand.
Here is her report:
9 April 2013
Greg. They are so busy everyday. Thai people think that if they buy the gold as they can, they will get more profit of gold (when the gold price is up).
Buying 21,600 B.
Selling 21,700 B.
Gold Ornament:
Buying 21,284.64 B.
Selling 22,100 B.
The gold price has been down about 50-100 B. per day
Here is her report:
9 April 2013
Greg. They are so busy everyday. Thai people think that if they buy the gold as they can, they will get more profit of gold (when the gold price is up).
Because of interest, buying gold is better than depositing the money at Bank and it is better than investing the stock exchange too. So the gold shop is lack of them. (I love the fact that my cuz is a bank teller but realises that gold is better than money in the bank ~ tears)
Now, the gold price in Thailand is :
Now, the gold price in Thailand is :
Gold Bullion:
Buying 21,600 B.
Selling 21,700 B.
Gold Ornament:
Buying 21,284.64 B.
Selling 22,100 B.
The gold price has been down about 50-100 B. per day
John Embry - All my cash is in Gold
John Embry discusses QE forever and hyperinflation. Also how he considers gold and silver are money and investments are gold and silver mining companies. Listen to the KWN interview here
Kyle Bass - I'd Much Rather Own Gold Than Paper
On George Soros and gold, Soros has always talked his own book if he says gold is boring then no doubt it means he is buying. George does not pontificate to make you money, he does it to make him money.
Keiser Report - Yobbish Lifestyles of Financial Arsonists
From RussiaToday
In this episode of the Keiser Report, Max Keiser and Stacy Herbert ask whether taxpayers have been subsidizing the yobbish lifestyles of bankers and financial arsonists.
In the second half of the show, Max Keiser talks to Reggie Middleton about fraud and collapse at the heart of what remains of the Irish banking system.
In this episode of the Keiser Report, Max Keiser and Stacy Herbert ask whether taxpayers have been subsidizing the yobbish lifestyles of bankers and financial arsonists.
In the second half of the show, Max Keiser talks to Reggie Middleton about fraud and collapse at the heart of what remains of the Irish banking system.
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