In response to pressure from Wall Street, the White House and central banks in Europe, the Federal Reserve last week drastically cut interest rates for currency swaps to benefit troubled European banks….
Tag: European Union
Get Your Free Report: The European Debt Crisis and Your Investments
Dear Investor, In 1999, 11 European countries surrendered their currencies for the euro and a shared monetary authority. But as the world applauded, Elliott Wave International (EWI) forecast that those countries had…
The Untold Euro Story
By Evaldo Albuquerque, Editor, Currency Capitalist Aren’t you sick of this European crisis? It’s always the same story. After the region goes into some sort of crisis, European authorities promise a “comprehensive…
European Debt Crisis Threatens the Dollar
The global economic situation is becoming more dire every day. Approximately half of all US banks have significant exposure to the debt crisis in Europe. Much more dangerous for the US taxpayer…
Counting the Cost – Who Will Save The Euro?
It is not just the banks that are in danger of going under. It is entire economies. They are the ones in need of emergency cash to stay afloat. For some time…
The Euro and You
By: Frederick J. Sheehan “Global regulators…have no real sense of what type of contagion effect would occur if Greece were to default,” observes Michael Lewitt in the June 16, 2011, edition of…
Short this Currency Now
Back then, it took several billion to buy a loaf of bread. Another couple billion to purchase eggs, fabrics, sugar – basically anything you needed. The price of everything was doubling almost…
The Falling Euro May Offer the Best Investment Opportunity in 2011
As we start the New Year, the global investment climate looks remarkably similar to this time last year. The world is getting more bullish on the outlook for the U.S. Meanwhile, the…