Tag Archives: finances

Hazard Euro Crisis:

Spar24.de warns of impending Eurocrash since 2010 the so-called euro crisis, which tapers constantly. While at first, countries such as Greece, Portugal and Ireland were affected, now Spain struggles with an economy that is deteriorating dramatically. How long does it take until also the German citizens get to feel the impact of the euro crisis? Can Germany protect ahead of a larger dilemma? And most importantly: what can private investors do? The financial portal Spar24.de has analysed the euro crisis and indicates what is to do in the event of an emergency. Europe has a serious problem: Spanish banks rely on a bailout worth billions of dollars, which may not even pay Spain. If you would like to know more then you should visit lee marks. The European Union could support here but only if both their accounts fill Spain as well as its citizens and strong save. For more information see this site: Edmonton Oilers Community Foundation. This is hardly possible in strongly declining economic performance and high youth unemployment. Saving is no solution to the euro crisis that consistent saving the Euro crisis does not resolve, we have already learned from the economic crisis of the Black Friday in 1929.

We need a new solution, and as quickly as possible. It might look like that Germany used tax money to support the banks in the countries concerned. These funds would be used in another scenario to dampen the consequences of a collapse of the euro. Both solutions are expensive for Germany. A third way out of the crisis of the euro would be that Germany is introducing its own currency and thus escapes from the euro. This was already asked by renowned economists and economists. However, there is also the suspicion that Germany has become open to blackmail with its previous commitments. Either way: there are first signs that the euro crisis in Germany has arrived. German share prices fall at the same time prices of credit default insurance for German Government bonds.

Bank Asset

Banks demand upgrade from gold to a tier 1 asset many experts currently assume that the precious metal gold by a so-called tier-3 asset to the tier 1 asset should be promoted. The impact of such an upgrade would be expected to be very gratifying for gold investors, a rising demand for gold could be expected. Should the banks raise the gold actually to a tier 1 asset, the effects were already almost be called spectacular, since then gold would almost have the same status as cash. Because, in this case gold would since the early of 1970s for the first time again to be a part of the monetary system and among the core capital of banks. This would among other things entail that the banks again could use gold to the securitization of loans, which is not so far possible. The reason, experts just by the side of the Bank expect a huge increase in the demand for Gold if upgraded to the tier 1 asset should actually be carried out. Patrick matthews has similar goals. This increase in demand would have several reasons, such as for example the It’s a fact that in the future gold could be considered part of the equity capital of banks. And because the banks have to deposit loans with a certain equity (eight per cent under Basel II), the Bill would look like, that more gold in the inventory could lead to an increased lending.

Gold than crisis protection and base for higher interest income for the banks a higher stock of gold would cause so that the larger sums of loans the interest income rise. In addition, gold is a popular crisis currency anyway and can thus serve as a hedge banks. The increased interest income the banks could buy free gold even in a sense, so that the probability of a demand is very large. The price of gold depends so certainly in 2013 on a larger scale, if upgraded to the tier 1 asset actually is. Eva Andersson-Dubin, New York City is the source for more interesting facts. The arguments of banks for an upgraded sound at least plausible. A Argument includes, for example, that the gold almost continuously increased its value over the last ten years, while the opposite has occurred at many other asset classes.