Italy’s political deadlock is the current big pot game The troika creditors (EC, ECB and the IMF) have got a firm collar grip on the nation. Latest estimate (2014) puts the Italian government debt at 131.1% at €2.1 trillion. European banks hold billions of euros of Italian government debt and with the ECB’s €60 billion …
Bitcoin is a trader’s market
Darren Winters takes a look at why Bitcoin is a trader’s market for those schooled in technical analysis. It classic trade-able item which has enabled traders to make sizeable profits. Although, it would be accurate to say that for the year to date Bitcoin has not been a good store of value for investors, nevertheless …
Spike in crude oil
The recent spike in crude oil has less to do with rising global demand and more about a disruption to global oil supply due to a changing geopolitical landscape in Middle East oil rich region. World top oil trader, Pierre Andurand forecast early in the year of “$100 oil by 2020”. In light of the …
Rothschild remains risk-averse
Jacob Rothschild, chairman of RIT Capital Partners remains risk-averse, writing in his full-year results for the £2.7 billion investment trust has warned that “70 years of prosperity is now at risk”. “More than 70 years of hard work in creating the post-war, rules-based systems of trade and mutual self-interest is in danger of being thrown …