Blaming Euros, Don Cherry Style, for Gold Price Drop

December 8, 2011 by prospectingjournal · Leave a Comment 

COMMENTARY – ProspectingJournal.com – With gold prices plummeting today, many North American gold bugs may start doing their best Don Cherry impersonations and blame Europeans for all of their woes. As the European Central Bank cut interest rates to 1% and increased money injections into European banks, gold prices slipped accordingly, as the ECB failed [...]

IMF Chief Waits for Bailout—The Irony

May 18, 2011 by prospectingjournal · Leave a Comment 

COMMENTARY—Prospectingjournal.com—What happens when the man responsible for your bailout needs a bailout? This is the current irony sweeping through Greece and the Eurozone, as the recent arrest of the man behind the EU bailouts toyed with the euro, frightened traders and reignited debate on international currency markets. Known as the “sheriff” behind Greece’s bailout, IMF [...]