Monday, 7 November 2011

Greece takes a positive step.....irishtimes.com

Greece takes a positive step
irishtimes.com

The Irish Times - Monday, November 7, 2011

THE GREEK governing party Pasok and the main opposition party New Democracy last night agreed to form a national unity coalition involving the resignation of Mr George Papandreou as prime minister.

This will approve the package agreed in Brussels on October 27th to provide emergency aid for the Greek economy, begin to implement it and probably prepare the way for elections. It is a welcome and necessary step towards resolving the political crisis which threatens the whole euro zone. Mr Papandreou has been understandably condemned for flawed judgment in calling a referendum on the package last week; but he did so in a desperate attempt to legitimise it...............


All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.

Greek PM George Papandreou resigns; polls set for February - Business Today

Greek PM George Papandreou resigns; polls set for February - Business Today


IANS Athens November 7, 2011
Greek Prime Minister George Papandreou and opposition leader Antonis Samaras, who met late on Sunday for talks on a future coalition government, announced early on Monday that Papandreou will resign from his post and immediate elections will be held.

The two major political parties - Papandreou's PASOK party and the opposition New Democracy party - who agreed to set up a coalition government, announced that early elections could be tentatively scheduled for February 19, 2012, the finance ministry said.........

All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.

Precious Metals Stocks Are Likely to Rally...by Przemyslaw Radomski

Why Precious Metals Stocks Are Likely to Rally from Here…
Published : November 05th, 2011
So gold is not really money anymore (not yet?), but keep in mind that it does have most of the desirable properties of money. It is durable, portable and easily divisible into bars and coins that share uniform properties. It is easily recognizable. Gold's value and purchasing power are stable over time, as its supply grows slowly and it cannot be created ad infinitum as fiat paper currency can be. .............


http://www.24hgold.com/english/news-gold-silver-Why-Precious-Metals-Stocks-Are-Likely-to-Rally-from-Here%20.aspx?langue=en&article=3689488720G10020

In the very long-term XAU gold and silver miners’ index chart, we see that index levels are once again trying to move above their 2008 highs. Once this is accomplished, the next stop appears to be considerably higher, and an upside target levels of 220 and 230 (previous highs) seems reasonable. We have a bullish situationat hand. ..........


http://www.24hgold.com/english/news-gold-silver-Why-Precious-Metals-Stocks-Are-Likely-to-Rally-from-Here%20.aspx?langue=en&article=3689488720G10020


All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.

Insights from a Lord of Finance...by David Galland


Economic Insights from a Lord of Finance
Published : November 06th, 2011

Whether you call them fat cats, greedy bankers, soulless manipulators or unindicted co-conspirators, the one sure thing, in the minds of most, is that they wield the power behind all thrones and that it is their whispered agreements, invariably made in darkened rooms full of cigar smoke, that decide the economic fates of us all.

Over the years, I have met quite a few of these "Lords of Finance" and found them to possess the same wide range of traits, positive and negative, shared by all humans: fear, insecurities, self-delusion, high hopes, good intentions, social aspirations, good habits and bad.

And, of course, the greed that the Lords of Finance are said to possess in extra doses. Like Gordon Gekko, I have no problem with greed, as long as the pursuit of that which gives you pleasure does no harm to others. ..................


http://www.24hgold.com/english/news-gold-silver-Economic-Insights-from-a-Lord-of-Finance.aspx?langue=en&article=3689097200G10020

All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.