Posts Tagged ‘Europe’
Currency Articles - July 7, 2024 13:40
Pound Holds Strong as Labour Wins with a Landslide
The British Pound Sterling is still on the rise on Friday, continuing the trend for the day when the Labour Party won the national election of the UK. The party got 410 seats in parliament and won the election. The concession of defeat by PM Rishi Sunak suggested that the governmental powers have shifted. Regarding […]
Cyprus Headlines Are Deja Vu All Over Again
What is it about the European Union and the month of March? It was almost a year to the day that the Troika unveiled its secret plan to thieve the bank depositors in Cyrpus from the fateful Greek elections that resulted in actual impairment of holders of Greek debt. Greece was fixed only by overthrowing […]
Ahead of Futures Expiration Gold Falls Back
At this point you are watching a trapped set of market shorts beat a tactical retreat away from a disastrous position that if the central banks on the other side of the trade wanted to could wipe them out (all of them) in about an hour. But, since these same shorts allowed those central banks […]
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