Silver as an investment

Category Archives: Asia-Pacific

On The West’s Demise To The Sidelines Of History…

Authored by Seth Lievense via Limpidus.org, The world is changing, but the west is clinging on to a unipolar vision of the world that has passed. It’s attempts to discard this changing reality in exchange for a western worldview expressed in their politics and media are so ungrounded, it’s comical as it is dangerous. This […]

For The First Time Ever, The Richest 1% Own More Than Half Of The World’s Wealth, Or $140 Trillion

Today Credit Suisse released its latest annual global wealth report, which traditionally lays out what has become the single biggest reason for the recent "anti-establishment" revulsion: an unprecedented concentration of wealth among a handful of people, as shown in Swiss bank's infamous global wealth pyramid, an arrangement which as observed by the "shocking" political backlash […]

In APEC Speech, Trump Slams China, WTO And TPP For Holding Back His “Indo-Pacific Dream”

Trump may have sensed that he appeared too conciliatory towards President Xi and China during his visit to Beijing, and so shortly after doubling down on his parting message to China by tweeting that “I don’t blame China, I blame the incompetence of past Admins for allowing China to take advantage of the U.S. on […]

How The DPRK Riddle Is Freaking Out The US Establishment

Authored by Pepe Escobar via The Saker blog, The 19th Party Congress has made it very clear that “socialism with Chinese characteristics” – as codified by President Xi Jinping – is China’s road map ahead. Not only does the strategy graphically eschew those much-lauded “Western values”; it will, in Xi’s own words, offer “a new […]

World Stocks Hit 4th Consecutive Record High, Bonds Rise On ECB QE Report

World stocks rose to a 4th consecutive record highs, while the dollar headed for its worst week; U.S. stock-index futures are steady, with European and Asian stocks higher ahead of much anticipated US inflation data, which is expected to give cues on the outlook for the Federal Reserve’s interest rates. MSCI’s all world equity index […]

S&P Futures Flat, Spain Rebounds, Nikkei Closes At 21 Year High

S&P500 futures point to a slightly lower open, as Asian stocks rise to trade near decade highs, with Japan’s Nikkei 225 closing at highest since 1996. European stocks are little changed, with Spanish shares gaining after Catalan President rows back from an immediate declaration of independence. MSCI's all-world stocks index briefly hit a fresh record […]

Which Countries Created The Most Millionaires Last Year

Yesterday, in its latest triennial Survey of Consumer Finances, the Fed admitted what had been obvious to everyone else: Fed policies unleashed over the past decade have made the rich richer, even as the American middle class has continued to shrink. Then overnight, Capgemini released its latest World Wealth Report, which found more of the […]

Global Markets Rise As Shutdown Fears Recede; All Eyes On Wyoming As Jackson Hole Begins

U.S. stock-index futures are fractionally in the green as European shares rise, Asia is mixed and oil drops modestly. Global risk staged a rebound and markets unwound some of yesterday’s safe-haven moves as U.S. government shutdown fears receded and concerns about the Trump administration’s ability to enact its fiscal agenda were put on the back-burner […]

“The Taps Are Gushing” Hong Kong ATM Withdrawals Surge As Facial Recognition Fears Spread

Amid a crackdown on unauthorized mainland currency outflows by forcing ATM users to undertake facial recognition before cash is dispensed in Macau, Hong Kong ATMs are reportedly being hit by a massive surge in withdrawals from China's UnionPay bank cards. As The South China Morning Post notes, the mainland has been strengthening regulations since last […]

Trump Warns Xi: Trade War With China Begins Monday

As if there weren’t enough geopolitical and social stress points in the world to fill a lifetime of “sleepy, vacationy” Augusts, late on Friday night President Trump spoke to Chinese President Xi Jinping and told him that he’s preparing to order an investigation into Chinese trade practices next week, according to NBC. Politico confirms that […]