Silver as an investment

Category Archives: Turkish Lira

SHTFplan: Experts Warn: Financial Crash Could Occur In Trump’s First Term

Prepare yourself. Buy physical silver and storable food. Citing America’s debt problem, financial experts have stated that the impending economic crash could occur during president Donald Trump’s first term. The trade war and its price hikes and inflation could help push debt-riddled Americans and government to the financial limit. Several ominous economic indicators including skyrocketing […]

Turkish Lira Spikes Most In A Month As Erdogan Compares FX Traders To Terrorists

zerohedge.com / by Tyler Durden / Jan 12, 2017 8:54 AM Having crashed unrelentingly to record lows in the last few weeks, the world’s most volatile currency is surging higher this morning after President Tayyip Erdogan said on Thursday the Turkish central bank and other banks must thwart games played with the foreign exchange rate, which is being […]

Turkish Lira Carnage Continues – World’s Most Volatile Currency Crashes Most Since Lehman

The Lira – officially the world's most volatile currency – has lost 11% of its value since the start of 2017 (down 8 of the last 9 days against the USD).   In fact, the lira headed for its biggest five-day loss since Lehman (Oct 2008) after a pledge by Turkey’s central bank to support […]

S&P Downgrades Turkey To BB, Outlook Negative; Lira Tumbles To New All Time Low

zerohedge.com / by Tyler Durden / Jul 20, 2016 11:42 AM Moments ago the Turkish LIra took another leg lower following what many had anticipated in the aftermath of this weekend’s events: a downgrade by a rating agency, in this case S&P. which just cut the country to BB from BB+, outlook negative. Full report: Republic of Turkey […]