Greece Turns the Euro into a “Carry Trade” Currency

By Gary Dorsch, GoldSeek Last year’s parabolic rallies in copper, gold, Brazilian and Russian stocks, and the Australian dollar, are running out of steam. Suddenly, there are eerie reminiscences of scarier days gone-by. Volatility has returned to the money markets, amid worries about a possible “double-dip” recession for the world economy, capital flight from European [...]

The Ultimate Bubble and the Mother of All Carry Trades

By Ron Hera, GoldSeek Among the many opinions expressed by billionaire investor George Soros over the course of the 2010 World Economic Forum in Davos, Switzerland was his statement on January 28 in an interview with Maria Bartiromo, host of CNBC’s Closing Bell, that “When interest rates are low we have conditions for asset bubbles to develop, and [...]