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Wednesday, March 25, 2015

5 Charts to explain Greece's Debt

March 25 -- Greek leaders are meeting with European officials this week to come up with a plan to get Greece's economy back on track. The country may run out of money as soon as early April if no agreement is reached. Bloomberg's Joe Weisnethal has a look at five charts that explain Greece's ongoing financial problems. (Charts by: Maxime Sbaihi, video by: Kelly Buzby, David Yim)

Precious Metals Market Update with Tom Cloud (3/24/15)

Tom Cloud is a veteran precious metals advisor, serving clients around the world since 1977. Get Tom's powerful monetary insights and precious metals analysis every Tuesday on Follow the Money Radio with Jerry Robinson.

Gold Price Could be Driven Higher by Panic Demand -- Alasdair Macleod

Alasdair Macleod-Gold Price Could be Driven Higher by Panic Demand

When will the Chinese make their next big move? Financial expert Alasdair Macleod says, “Their style is not to go in and disrupt markets. They act very, very quietly. You would hardly know they are there. This is certainly how they have handled their acquisition of gold. I don’t think they would want to be blamed for destabilizing western capital markets. What could happen is if we set a chain of events going that would lead to our own demise, then the Chinese would protect themselves. There is so little gold left in western vaults now . . . anything that changes the really sunny outlook for bonds equities and all the rest of it . . . and for people to realize that people don’t have any gold, that could drive the price sharply higher because there is not enough gold for us to buy. The stocks are very, very low, and anybody who comes into the market is going to have to bid it up to get it.”
Gold & Silver Forecaster Blog