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Savings have skyrocketed in Western europe these last months. Never has there been more cash in bank deposits in countries such as Belgium, Holland or Germany then today. Quite ironic when you think of it given the shaky state the banks find themselves in today. Overal I would say one...

People keep telling they are all bust but fail to deliver names. I'd like to hear which internationally active european banks are de facto bankrupt as we speak.

Czech President Vaclav Klaus, an outspoken critic of the European Union, slammed Friday the bloc's leaders as well as its planned policies aimed at preventing future financial crises. In a newspaper interview published Friday, Klaus said top EU leaders had frustrated him during the EU summits...

Did you catch the brawl in South Korean parlement last week? :p http://www.youtube.com/watch?v=bvUTu99CHEo link fixed.

Maybe that's why there is a recession. They needed more soldiers.

It means 'European'.:p

Sprott's main investment theme going into this 2009 depression besides precious metals basically was shorting the markets. After which global markets set their biggest rally in a century. Not to disrespect him it just strikes me how people can know what's going on yet fail to cash in on...

You guys think they will get a bailout?:p

Paulson reveals US concerns of breakdown in law and order The Bush administration and Congress discussed the possibility of a breakdown in law and order and the logistics of feeding US citizens if commerce and banking collapsed as a result of last autumn's financial panic, it was disclosed...

So when a fatcat like John Paulson is buying billions worth of gold stocks he should be considered as a contrarian amongst his peers?

It gets even stranger when you look at GDX (Gold mine ETF) over that same period of time for instance or many featuring components who are up 30% on average.

Gold: 03/09/2009 940.80 $ 07/23/2009 949.1570 $ Dow: 03/09/2009 6547 07/23/2009 9000 How can this be? Dow 6500 = End of the world is here Dow +9000 = recession is easing if not ending Still gold stays at the same level. Gold has a history of exposing (economic) turmoil...

That was what all the criticism was all about, not the fact that he was under water or not. Many pundits argued bailing out failed companies at the taxpayers' expense was not the foundation upon which the United States was once founded on and free market economics was and still should be the...

Bad times doesnt necessarily have to mean low stocks. inflation is non cyclical.

I held SRS from 80 to 20 which was a hard lesson...:p I'd think about shorting again when it seems as dumb of an idea as buying the DOW at 6600 this spring. :)

Ahum..... Biden pledges support for Georgia The US will support Georgia as the former Soviet republic seeks to broaden its democratic credentials, US Vice-President Joe Biden has said. He told the BBC the US backed the territorial integrity of Georgia, following its 2008 war with...

Are you from Detroit? :p

There is the commodity play obviously. Certain commodities are scarce in the resource hungry likes of China and India and those needs can be played by owning the commodities themselves, commodity currencies such as the AUD or NZD or western companies who have exposure to those markets perhaps...

libertad, in your view, how much room is left to 'debase' the $ before that adjustment in value creates distortions greater then those it is trying to counter?

ING Groep NV is seeking buyers for its private-banking business in Europe and Asia, according to people familiar with the situation, the latest step by the financial-services firm to slim down after it was forced to turn to the Dutch government for aid last year. The sale process is at an...