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Daily Archives: July 3, 2015

As Greece officially defaults on loan repayments, IMF releases figures for Greek continuation of the Euro.

As Greece officially defaults on their previous loan terms, the IMF have concluded in order to sustain Greece until 2018, a total of 50 billion euro would need to be provided. The only other alternative would be a short term loan of 29 billion which is estimated to last Greece through to October 2016.

Terminology to understand before you buy physical precious metals

Precious metals are easy to buy, but there are a few terms to understand to really know what you are doing. Most buyers have no idea about these terms and they go straight ahead to buy what they want, while forgetting that buying bullion is actually a need, that need is to preserve wealth and attain precious metals as close to the global market price as possible