Silver as an investment

Category Archives: Australia

Bitcoin Prices Climb Nearly 5% Thanks In Part to Australia Ending Double Taxing

wallstreetexaminer.com / by Garrett Baldwin via Money Morning / October 19, 2017 Bitcoin prices today climbed nearly 5% and reversed course from yesterday’s downturn in part because of a new legislation in Australia. Australia’s new legislation will end a double tax on Bitcoin purchases starting in July 2018. Australians have been paying a “goods and services tax” (GST) on top of capital […]

Australian Gold Mine Production on Track to Fall By Half Over Next 25 Years

schiffgold.com / BY SCHIFFGOLD  / OCTOBER 16, 2017 Australian gold output will peak in just four years and then begin a steep decline, according to a report issued by a Melbourne-based industry adviser. According to MinEx Consulting analysis reported by Bloomberg Business, Australian mine output will max out in 2021 and then fall by half into the mid-2050s, as aging […]

Key Events And FX Week Ahead: Central Banks Send Markets Into A Coma, Someone Say Something New Please!

European politics returns with a bang this week, when not only will attention be focused on Austria to see if the right wing Freedom Party joins the People's Party in a historic governing coalition, in an embarrassing blow to Europe's establishment, but also whether Catalan President Puidgemont will (again) fomally – and this time clearly […]

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 […]

Hackers ‘Screw’ Millions Of PornHub Users In Large-Scale Malvertising Scheme

Via StockBoardAsset.com, Proofpoint, a next-generation American cybersecurity firm, has uncovered a large-scale malvertising  campaign in adverts appearing alongside videos on PornHub (Alexa US Rank 20 and world rank 37 as of this writing). Researchers at Proofpoint have pinpointed KovCoreG group, the hacker organization behind the “sophisticated social engineering scheme that convinced users to infect themselves” […]

How Columbus Revolutionized The Global Economy

Authored by Ryan McMaken via Mises Canada, Columbus Day this year brought with it the usual acrimony, and this Salon article hit the usual talking points by declaring European settlement of the Americas to be “the most massive act of genocide” in world history. Salon quotes historian David Stannard who writes: “[O]n average, for every 20 natives alive at the […]

The Dark Web’s Largest Pedophile Site Was Secretly Run By The Police For A Year

A major international police operation to bust child predators involved police sharing child pornography with over a million unsuspecting online subscribers for a year after investigators took control of the dark web's largest child abuse forum. Though hundreds of pedophiles were arrested after the site was shut down, the police sting involved undercover officers sharing […]

“This Is A Crisis Greater Than Any Government Can Handle”: The $400 Trillion Global Retirement Gap

Submitted by John Mauldin of Mauldin Economics Today we’ll continue to size up the bull market in governmental promises. As we do so, keep an old trader’s slogan in mind: “That which cannot go on forever, won’t.” Or we could say it differently: An unsustainable trend must eventually stop. Lately I have focused on the […]

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 Bond Rout Accelerates Even As Dollar Rally Fizzles

In a continuation of trading patterns observed over the previous two days, on Thursday the global bond rout deepened in the aftermath of the release of President Trump’s tax-cut plan, Janet Yellen’s recent hawkish comments and renewed optimism over the health of the U.S. economy. While global stocks were mostly mixed as investors tried to […]