Can Europe Save American Capitalism?
May 12th, 2009 | By Contrarian Profits | Category: Notes From the Investment UndergroundWashington continues to flush tax dollars down the toilet in the name of ‘fixing’ the economy. It’s now up to Europe to keep free-market capitalism alive.
This from the BBC:
Germany’s economy minister has said the government couldn’t afford to spend all the money required to save every threatened job at carmaker Opel.
With Fiat continuing talks to buy Opel from General Motors, the Italian firm has already warned that one Opel plant in Germany will likely close.
Fiat wants loan guarantees from the German government to secure the deal.
Karl-Theodor zu Guttenberg said the government “had an obligation to deal responsibly with taxpayer’s money”.
Advertisement
Looking to invest in precious metals? Look no further than the Metals Select Account (not FDIC-insured) from EverBank®. It delivers everything you've been searching for—lower costs, ultimate convenience, and flexible options.
Whether you want coins, bars or pooled metal by the ounce, at EverBank, you can generally trade within 1% of the current spot market price. And account minimums are only $5,000 for Pooled accounts and $7,500 for Holding.
And with full online access to your metals account with the award-winning EverBank Online Financial Center, you'll never be too far away from your metals investment with access to your account when you need it. Plus you'll receive monthly account statements showing your allocations.
Get the metals you need, with the account benefits you've been wanting. Apply today