Login

Log In

Enter your username and password below

Top Currencies

Currencies offer a huge profit opportunity for savvy investors. More than $5 trillion worth of currency is traded every day through the foreign exchange (FOREX) market, which is by far the largest market in the world in terms of trading volume.


The Greek Art of Dodging Deadlines

Another day… another missed deadline. Or dodged, that is. And it’s no surprise to see that Greece is the culprit. With March 20 looming large as the date by which Greece must pay back 14.4 billion euros ($19 billion) worth of loans to private lenders, the pressure on the country’s leadership just got cranked up...

The EU’s Great Kowtow to China

Another time… a very different world. A century ago, China was broke and it was European banks helping to fund the new republic. Fast-forward to the present and how things have changed… China is the world banker and now Europe needs a cut. European leaders Nicolas Sarkozy, Klaus Regling and Christine Lagarde have brought their...

Markets Rise on Greek Debt Talks

The euro rose and world shares recovered in early trade, as a deal to free up the next batch of Greek aid edged closer. Greek Prime Minister, Lucas Papademos, said negotiations over a debt deal had progressed during talks held after the EU summit: “There has been significant progress on the basic economic parameters. Over...

Why Silver Prices Are Set to Rebound This Year

When the Federal Reserve made the unprecedented announcement last week that it will likely hold interest rates steady until late 2014, it basically waved investors into the metals sector. And there’s no doubt that at current levels, the main precious metals – gold and silver – offer excellent bang for your investment buck. Here’s why...

What to Expect From Wall Street Daily in 2012

A few weeks ago, I asked if you could think of a worse prediction in 2011 than Meredith Whitney’s call that a municipal bond collapse was imminent. We received almost no responses. I said “almost.” Kevin S. wrote in, saying… Thanks for all your hard work and excellent market insights, Louis. Much appreciated. There is...

European Central Bank Limits Eurozone Intervention

  Italian public sector workers protest against austerity measures. As they staged a strike, Europe’s finance ministers held a conference call on the eurozone debt crisis. They pledged to continue a drive for tighter fiscal rules and enhance the IMF’s crisis-fighting abilities. While they need to convince investors they can overcome their sovereign debt crisis,...

Got Any Spare Change? European Bank Stocks Need $153 Billion

$153 billion. That’s the amount of new money that European Union banks need to raise in order to comply with European Banking Authority (EBA) regulations and “create an exceptional and temporary capital buffer to address current market concerns over sovereign risk,” according to the EBA. That’s 114.7 billion euros – and comes just two months...

China to Europe: “We’re Not Bailing You Out”

If European officials were hoping that China would become its debt-busting sugar daddy, those hopes just got dashed. Speaking in Beijing last Friday, Chinese Vice Foreign Minister, Fu Ying, flatly refuted the idea of China using some of its massive currency reserves to throw Europe a lifeline. China currently holds $3.2 trillion worth of foreign...

An Urgent Revision to Your Gold and Silver Strategy

The markets are back in bull mode… for now. Last week, the U.S. Federal Reserve – along with the central banks in Japan, the United Kingdom, Canada and Switzerland – intervened in the global markets. And, once again, the printing press was their weapon of choice. It’s basically a collective admission that the crisis in...