Silver as an investment

Category Archives: Colombia

Venezuelan Women Turn To Prostitution To Afford Food

All twelve women who work at the “Show Malilo Night Club” brothel in Arauca, Colombia are from Venezuela. As Venezuela’s socialist economic crisis continues, many Venezuelan women have turned to the sex trade in neighboring Colombia to eat and provide for their families. “We’ve got lots of teachers, some doctors, many professional women and one […]

Colombia Produces Record Cocaine Crop For 2nd Straight Year / by Tyler Durden / Jul 16, 2017 6:20 PM We didn’t need any more data to definitively expose the many shortcomings of the US-led global prohibition on narcotics – but we got one today, courtesy of the United Nations Office on Drugs and Crime. New figures show that cocaine production in Colombia reached an all-time high for the […]

Venezuelans rush to stash cash before biggest bill is voided / By Andrew Rosati via Bloomberg News / December 12, 2016 Venezuelans on Monday were wearily rushing to deposit bank notes or dump their cash savings entirely following an announcement by President Nicolas Maduro that he was invalidating the country’s biggest bill because of what he says is an attack on the nation’s liquidity. The socialist […]

Emerging Markets: What has Changed / by Marc Chandler / November 18, 2016 (from my colleague Dr. Win Thin) Malaysia appears to have enacted a subtle change in FX policy. Turkey cut foreign currency reserve requirements in an effort to increase the supply of foreign exchange. Brazil’s central bank suspended the sale of reverse currency swaps and started selling new regular swaps […]

Latin America – Seven Ugly Sisters In Deep Political Trouble / by Eugen von Bohm-Bawerk via, on 03/26/2016 11:43 Get beyond endless Latin American headlines burning column inches and you come to far broader strategic conclusion: The seven ‘ugly Latino sisters’, namely Brazil, Venezuela, Ecuador, Bolivia, Colombia, Mexico and Argentina are all deep political trouble from collapsed benchmark prices. It’s merely a case of who’s […]

The ‘other’ big news out of Colombia / Simon Black / December 23, 2015 Sometimes it strikes me as bizarre that in our modern, egalitarian society, we still award prizes to women who have the most artificially contrived beauty. Nevertheless, that is our reality. And so the big news from this week was the SNAFU at the Miss Universe pageant in which […]

Spain v Colombia over who owns $2 billion treasure trove / December 14, 2015 at 11:26 Billions of dollars in gold and silver from an 18th century shipwreck have left Spain and former colony Colombia at odds over who rightfully owns the loot. The disagreement is over the “San Jose,” a treasure ship wreck that Colombia located recently off the coast of Cartagena de Indias, […]

Ron Paul: I Wish Nobody Was Bombing Syria /by Ron Paul via The Institute for Peace & Prosperity, on 10/05/2015 12:15 The US regime change policy for Syria has been a catastrophe. More than 200,000 killed and an entire country reduced to rubble at least partly because President Obama decided that “Assad has lost his legitimacy.” How is it that the president […]

Still the best-kept secret in the world… but not for long / by Simon Black / October 2, 2015 Growing up in the US I heard the same stories as everyone else about Colombia. Corruption. Drugs. Kidnapping and ransom. Narcoterrorists. Pablo Escobar. From the ivory towers in our suburban enclave, it seemed ludicrous why any sane individual would risk life and limb to visit such a dangerous place. Hollywood […]

What Difference Does it Make? 1,100 Foreign Donors to Clinton Foundation Never Disclosed and Remain Secret / by Michael Krieger / Apr 29, 2015 As a condition of becoming Secretary of State, Hillary Clinton signed a memorandum of understanding with the Obama Administration to disclose the donors to the Clinton Foundation due to the obvious potential conflicts of interest. Sounds good, but everyone knows the Clintons don’t pay by the […]