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Posts Tagged ‘greek’

Gerald Celente, Jim Willie, Ann Barnhardt and Marc Faber: ‘Get The Hell Out’

August 30th, 2012

Dominique de Kevelioc de Bailleul: The message to investors should be most clear by now: Quickly get your cash out of financial institutions and buy some gold. Read more…

Economy, Financials, Gold, Government

Take The Greek Factor Out Of Your Investment Portfolio

February 28th, 2012

Although one may think that they’re not invested in the Greek crisis, many portfolios may hold equity positions and ETFs that could be effected by the European debt crisis.  The European Union is the U.S.’s number one trading Read more…

ETF, Uncategorized

European Default Inevitable — Sell Your Gold?

October 7th, 2011

In the prequel to this article (European Default Inevitable — Sell Your Gold?), I discussed the fact that safe-haven-seeking investors could be in for a surprise when they run to buy gold after a Greek default and find huge sellers in Read more…

ETF, Mutual Fund, Uncategorized

CIA Now Thinks Greece Military Coup Possible

June 1st, 2011

Despite last year’s 110 billion euro Greece bailout — from the European Union, the International Monetary Fund, and the European Central Bank — there remains serious concern that the periphery EU nation will be unable to continue its debt repayments. Due to the increasing severity of the problem, and the ongoing resistance to additional support, the Central Intelligence Agency has now issued a report warning on how worsening Greek unrest could bring rise to even a military coup.

According to Turkey’s Daily News & Economic Review:

“According to he CIA report, ongoing street protests in crisis-hit Greece could turn into escalated violence and a rebellion and the Greek government could lose control, said Bild. The newspaper said the CIA report talks of a possible military coup if the situation becomes more serious and uncontrolled.

“Greece is under immense pressure owing to public debt that has swollen to 340 billion euros. The EU, IMF and European Central Bank are pressing Greece to step up a privatization program and get all political parties to approve more austerity and reform measures that have sparked violent protests, but emergency talks called by the president on Friday failed to make any headway, AFP reported.

“Opposition parties have mostly refused to support the government in its quest to cut spending by trimming an overblown civil service and the sweeping privatization drive announced this week has attracted even stronger protests.”

A number of European Union countries including Germany, Finland, and the Netherlands have lost already lost interest in and support for extending any further bailout funds to Greece as its austerity measures continue to flounder. You can read more details in the Daily News & Economic Review’s coverage of the recent CIA report on how a military coup is possible in Greece.

Best,

Rocky Vega,
The Daily Reckoning

CIA Now Thinks Greece Military Coup Possible originally appeared in the Daily Reckoning. The Daily Reckoning provides over half a million subscribers with literary economic perspective, global market analysis, and contrarian investment ideas.

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CIA Now Thinks Greece Military Coup Possible




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