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Countdown to Financial Armageddon
Tracking the final days of the debt bubble
Curated by Nick Laight
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Has The Dollar Lost its Safe Haven Status?

Has The Dollar Lost its Safe Haven Status? | Countdown to Financial Armageddon | Scoop.it

Given the scale and complexity of the Greek crisis, it might reasonably have been expected that the euro would have plunged in value against the US dollar, the traditional safe-haven currency in times of uncertainty.

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FREE SUBSCRIPTION! The DebtQuake Monitor

FREE SUBSCRIPTION! The DebtQuake Monitor | Countdown to Financial Armageddon | Scoop.it

America and Europe are on the brink of complete financial meltdown. In the coming weeks and months we could see stock markets collapse, property values fall and the price of fuel and food soar as we enter a depression that could last years or even decades.

 

Follow the latest on the crisis plus how to prepare yourself for the challenges and the profit opportunities ahead. Click on the image to start your free subscription

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A Run on Hedge Funds? Man Shares Hit as Volatility Sees Clients Withdraw $2.6bn

A Run on Hedge Funds? Man Shares Hit as Volatility Sees Clients Withdraw $2.6bn | Countdown to Financial Armageddon | Scoop.it

Where does the money go? When investors sell stocks or withdraw capital from hedge funds, where do they reallocate? Cash? Gold? Commodities? 

 

Man Group shares tumbled during early trading after the company revealed that its clients had pulled out $2.6bn (£1.6bn) worth of funds during the past three months.

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