Currently viewing the tag: "IMF"
There is news that Greeks are withdrawing their savings to buy gold. There is a growing fear in Greece that the economic path the country is on is simple unsustainable and that a default is only a matter of time. This has let to many in Greece to close their savings accounts and buy [...]
Last Tuesday when discussing inflation, Federal Reserve Chairman Ben Bernanke stated that the current increase of commodity prices was due to the increasing demand from emerging countries. Now if you believe that explosions in the price of corn (118%), wheat (71%), cotton (83%), sugar (61%) and coffee (96%), in the last year have been [...]
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