Friday, December 21, 2012

Why A Eurozone Breakup Is Now More Likely Than Ever



---------- Forwarded message ----------
From: Money Morning <customerservice@moneymorning.com>
Date: Thu, Dec 20, 2012 at 7:55 PM
Subject: Why A Eurozone Breakup Is Now More Likely Than Ever



You are receiving this email as a part of your subscription to Money Morning. Your ability to alter your subscription information can be found at the bottom of this email.
Money Morning E-letter Money Morning
This Makes the Fiscal Cliff Look Like a Picnic

While the mainstream media warns you of the coming fiscal cliff, this other hidden economic catastrophe may be 100 times worse. Expose the evidence Washington, D.C. and other world governments want to keep from you. Click here to learn the truth.


December 20, 2012
2013 Eurozone Forecast: Why A Eurozone Breakup Is Now More Likely
Than Ever


[Editor's Note: Starting with his prescient observations about the French elections, Martin has provided insightful coverage of the Eurozone all year. Below he explains why Europe is not out of the woods yet.]

By Martin Hutchinson, Global Investing Strategist

To the complete shock of several analysts, the Eurozone managed to make it through 2012 without breaking up. However, 2013 is another story.

Now that Italy's Prime Minister Mario Monti has resigned, there's a good chance that Italy will be in the forefront of a new Eurozone crisis.

That means 2013 doesn't look to be a good year for the euro, either-especially with new Italian elections likely to take place in February.

Of course, the EU establishment hopes that Monti can remain in office, but with four very different candidates now jockeying for position, Italy is one of the continent's great question marks.

Here's why...

The leading candidates in this crucial contest include:
  • Silvio Berlusconi, leading the remnants of his former rightist coalition,
  • Monti himself, currently in negotiations with several centrist parties,
  • Luigi Bersani, leading the left-wing Democrats, currently regarded as most likely to win
  • And comedian Beppe Grillo, whose Five Star Movement is leftist and anti-authoritarian.
Of these four, only Monti and Bersani would represent the continuation of the status quo.

Meanwhile, the return of Berlusconi, whom the establishment forced out in 2011, would be a nightmare for the euro. That goes for the ascension of Grillo as well.

In the balance of this pivotal contest could be the fate of the Eurozone itself.

To continue reading, please click here...

Leave your comments


This Is Coming... And It's Big

Cancer-fighting devices get developed all the time. But this stunning technology is radically different. It injects - and retrieves - chemo directly from the tumor, sheltering patients from debilitating side effects. All indications are it's only months away from FDA approval. Projected gains? 295%. Bill Patalon has the details... and he knows what he's talking about. His four previous biotech recommendations jumped 119%, 111%, 146% and 72%. Don't miss this one. Go here.


This Hiring Coup
Could Jump-Start Google's Stock


By Michael A. Robinson, Defense and Technology Specialist

Futurist Ray Kurzweil is one of the world's busiest people.

And that's no surprise. A best-selling author and subject of a major documentary, Kurzweil has an unmatched talent for explaining how cutting-edge technology is going to change our lives.

That means this "A-list" speaker is always on the go, traveling the globe as he spreads his futurist technology gospel.

That's why I made sure to buttonhole Kurzweil at the recent Singularity Summit technology conference. As he headed into the San Francisco lecture hall to share the newest insights into how the brain works, I was able to walk along with him and have a quick chat.

As we talked, little did I know that Kurzweil was working on something that would stun the tech world in a manner that's usually reserved for one of his predictions.

No, I'm not talking about the buzz that's been generated by his new book, How to Create a Mind, the Secret of Human Thought Revealed..

Kurzweil, as it turned out, had accepted a major position at none other than Google Inc. (Nasdaq: GOOG), the Web giant that is to search what the tech futurist is to prognostication.

And Monday was Kurzweil's first day on the job as the company's new Director of Engineering.

A lot of investors have glossed over this news. That's a big mistake. As I see it, this single hire speaks volumes about how Google views itself, and how it intends to keep building shareholder value.

If you're interested in Google, this is a bit of strategic intelligence that you absolutely have to know.

Here's why...

To continue reading, please click here...

On Air Now
Find Us on Facebook Follow Us on Twitter
Carl Icahn Strikes Again

TOP NEWS

This Firm Just Got a Major Trading Advantage Over Everyone Else
Knight Capital Group will merge with market maker and high-frequency trader Getco - but this deal is rotten for investors. Here's why.
Read More...

Fiscal Cliff Deal: Plan B or Plan CYA?
Fiscal cliff deal making continues to hit road blocks, which is why Rep. John Boehner created a GOP "Plan B." Here's what this backup plan would do to the economy.
Read More...

Is a U.S. Credit Rating Downgrade a Sure Thing?
If Washington doesn't reach a debt deal, Fitch Ratings said it would have to lower the U.S. credit rating. But even if a deal is reached the United States is still in trouble.
Read More...

OUR EXPERTS
Keith Fitz-Gerald Keith
Fitz-Gerald
These Three Iconic Japanese Brand Names Are On My "Short List"

Kent Moors Dr. Kent Moors
The Next Big Boom in Energy Isn't What You Think

Martin Hutchinson Martin Hutchinson
Can You Really Trust Chinese Stocks?

William Patalon III William Patalon III
Three "Fiscal Cliff" Moves to Make Right Now

Shah Gilani Shah
Gilani
What You Probably Don't Know About The Federal Reserve and Why It's So Dangerous

Michael Robinson Michael A. Robinson
These Five High-Tech IPOs Are On Fire

Peter Krauth Peter Krauth
How the Biggest Investors Are Playing the "New World Order" in Oil and Gas

KEY ECONOMIC REPORTS
THIS WEEK


Date Release
12/17 Empire state index (12/12)
12/18 Current account deficit (3Q); Home builders' index (12/12)
12/19 Housing starts (11/12)
12/20 Weekly jobless claims (12/15/12); GDP revision (3Q); Existing home sales (11/12); Leading indicators (11/12); Philly Fed (12/12); FHFA home price index (10/12)
12/21 Personal income (11/12); Consumer spending (11/12); Durable goods orders (11/12); Chicago Fed national index (11/12); Univ. of Mich. consumer sentiment index (12/12); State unemployment rates (11/12)

Money MorningMoney Morning - a free e-service of Money Map Press.

For more information, about Money Morning and Money Map Press, visit our home page.
Advertise with Us

To advertise in our e-letters or on our Web site, contact us.

Republish Money Morning on your Web site, blog, or e-mail w/o charge. Learn how.

Questions

Have a question for our editorial team? E-mail us.

Interested in our team covering a topic in Money Morning? Send us an e-mail.
Research Services
Money Map Press Home
Money Map Report
Energy Advantage
Energy Inner Circle
Permanent Wealth Investor
The Geiger Index
Real Asset Returns
Merchant Banker Alert
Strike Force
Capital Wave Forecast
Radical Technology Profits
Energy Sigma Trader
The Spin Trader

Subscription Information:
Contact customer service by emailing them here: Money Map Press Customer Service
CustomerService@MoneyMapPressInfo.com

Unsubscribe from Money Morning Money Morning: You are receiving this email as a part of your free subscription to the Money Morning E-Letter.

To read our privacy policy click here. Remove your email from this list: Unsubscribe

To cancel by mail or for any other subscription issues, write us at:
Money Morning | Attn: Member Services | 16 West Madison Street | Baltimore, MD 21201
North America: 1.888.384.8339; International: +1.410.226.2069; Fax: 1.410.622.3050
Website: http://www.moneymorning.com

© 2012 Money Morning All Rights Reserved.
Nothing in this email should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice.

We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Any recommendations in this letter should be made only after consulting with your financial advisor and only after reviewing the prospectus or financial statements of the company.

Protected by copyright laws of the United States and international treaties. This Newsletter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of: Money Morning. 16 West Madison Street, Baltimore MD 21201.



0 comments: