Interview With Jim Willie
An interview with Jim Willie where we discuss the potential of bank failures emanating from the Middle East and rippling throughout the world being the catalyst for the next round of the credit contraction.
TRACE MAYER: Hey this is Trace Mayer and you’re listening to the 50th episode of the RunToGold.com podcast (mp3)and [...]

The hospitality industry is often the first victim of economic slowdown – when times are hard, businesses and individuals make cuts to their travel arrangements. Yet, despite the gloomy outlook elsewhere, the Middle East’s hospitality industry has thrived.
In fact, the industry has actually benefited from the crisis. As other regions became unstable, the Middle East [...]

Based on a  September 18 Times (UK) report regarding the meeting of Middle Eastern finance ministers, the question was asked about the veracity of a plan for a single currency for the Middle East based on oil.
The answer is both true and false and maybe.
Yes, the immediate goal of the meeting last week was to [...]