Wednesday, November 9, 2011

The 6 PIIGS countries are getting ready to exit the Euro

Bob Chapman - The Financial Survival 09 Nov 2011

Bob Chapman - the game is over in Italy it is coming down quicker than I thought it would , Berlusconi is an egomaniac he thinks he is Mussolini the Il Duce and he walks like the king of Italy , he is over now , the 6 PIIGS country are getting ready to leave the Euro , this is not good news for Germany either , the Euro will collapse ...the whole financial system is going down ...

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Gold will continue to move higher on Europe Debt Crisis & QE3 - Michael Dudas

The Gold bull run continues today as worries over Europe's debt problems lifted the price. Michael Dudas, Sterne Agee precious metals/mining analyst. gives his outlook for the Gold market "sue, i believe so. technically there's a very good support for gold moving higher. fundamentally i think the market still is concerned about zero interest rates in the united states, negative real interest rates here, and the fact that though the fed did signal maybe a potential in QE3 you're also going to have a sense of the ECB easing given the sovereign debt issues there. a lot of excess liquidity is going to come into the marketplace. i think continue to support gold on a fundamental basis." Michael Dudas says

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