Gold Knew It All Along – Euro Falling Apart in Yellow Metal Terms

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Earlier today, we wrote about the near-breakout in European bond spreads, and highlighted the euro’s potential breakdown versus the buck. Our pal Brian Hunt, though, has astutely pointed out in his always-excellent Market Notes column that the euro has not been holding steady – it’s been falling apart! You see, one of the big myths […]

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Our pal Brian Hunt points out today in his must-read Market Notes column that the euro has broken down through key support levels: (Source: DailyWealth) Brian writes: If a country runs its finances like a drug addict and racks up crazy debts, its currency depreciates over the long term. Most smart analysts put the status of […]

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