Much of the economic news since 2009 has been dominated by the ongoing financial crisis in Europe. With Ireland, Italy, Spain, Portugal, and especially Greece sinking under public debt, the Eurozone is struggling, to say the least.
The Bright Side
As Greece’s debt (currently almost 170% of their gross domestic product) rises, so do the values of certain commodities, such as gold. The precious metal market has been on a steady rise all year, with prices now hitting about $1,620 per ounce (as of this writing). While the public m... ( read more )