Fayyaz Alimohamed, CEO of Altair Ventures Inc. and publisher of the Acamar Journal, offers historical perspective and predictions on the global economic crisis. In this exclusive Gold Report interview, he foresees a “mania” in junior mining stocks and recommends holding physical gold outside the banking system as a safety net.
The Gold . . . → Read More: ‘Mania’ in Junior Mining Stocks Predicted: Fayyaz Alimohamed
On Monday, markets will likely applaud the 85 billion euro bail-out of the Irish economy from the International Monetary Fund and European Union financing.
Over the weekend, the rescue package was approved at a meeting of European Union finance ministers in Brussels.
The overall financing includes up to 35 billion euro to support the . . . → Read More: Markets Likely to Applaud Irish Bailout Terms
“Conventional economic theories exclude the changing thought patterns and modes of doing business that bring on a crisis. They even exclude the loss of trust and confidence. They exclude the sense of fairness that inhibits the wage and price flexibility that could possibly stabilize an economy. They exclude the role of corruption and the . . . → Read More: What is the role of animal spirits in the political sphere in producing economic crises?
The present economic crisis has it’s roots in the modern fractional reserve banking system, as do most economic crises experienced in advanced societies. . . . → Read More: The End Of Fractional Reserve Banking?