Silver as an investment

Category Archives: Economics

Venezuela’s Grim Reaper: A Current Inflation Measurement, Including a Note on the IMF’s Musings on Inflation

Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke. The Grim Reaper has taken his scythe to the Venezuelan bolivar. The death of the bolivar is depicted in the following chart. A bolivar is worthless, and with its collapse, Venezuela is witnessing the world’s worst inflation.  As the bolivar […]

Trump Expected To Announce His Pick For Fed Chair In Next Two Weeks

In the latest update on Trump’s search for the next Fed Chair, Reuters reported that the search has narrowed down to 5 finalists – Yellen, Warsh, Taylor, Powell and Cohn (condolences to Jeff Gundlach: his dark horse candidate, Neel Kashkari did not make the cut) – and that after meeting Yellen on Thursday, Trump will […]

“This Is The Catalyst For Everything”: Deutsche Sees Only Two More Rate Hikes Before The Fed Loses Control

In his latest weekend note, One River CIO Eric Peters discussed, among other topics, what he thought would be the nightmare scenario if not for the current, then certainly next Fed chairman: a world in which despite the Fed’s best intentions (and we use the term loosely), the Fed continued to hike rates without any […]

NAFTA Worries Take Toll, Yellen’s Best Guess Supports Greenback

marctomarket.com / by Marc Chandler / October 17, 2017 (Greetings from San Francisco, where I will be speaking at a CFA seminar on currencies tomorrow.  The rebuilding from destruction of the of hurricanes in Texas and the Southeast  US have already begun and the distortion to US high frequency data is seen nearly every day.  Some data, like auto […]

Italy’s Parallel Fiscal Currency: All You Need To Know

Authored by Marco Cattaneo, from Basta con l’Eurocrisi, via GEFIRA, There is an increased talk in Italy about fiscal money as an instrument to resolve the economic crisis, which is not over yet. Despite the optimism shown by the Italian government and the EU, the Eurozone economy is far from being in an acceptable condition, and […]

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 […]

Nouriel Roubini’s “Good, Bad, & Ugly” Scenarios For The Global Economy

Authored by Nouriel Roubini via Project Syndicate, The International Monetary Fund, which in recent years had characterized global growth as the “new mediocre,” recently upgraded its World Economic Outlook. But is the IMF right to think that the recent growth spurt will continue over the next few years, or is a temporary cyclical upswing about […]

Ron Paul Asks “Will Tax Reform Increase Or Limit Liberty?”

Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity, President Trump and the congressional Republican leadership recently unveiled a tax reform “framework.” The framework has a number of provisions that will lower taxes on middle-class Americans. For example, the framework doubles the standard deduction and increases the child care tax credit. […]

Science Tells Us This Is All True

Authored by Simon Black via SovereignMan.com, On April 30, 1934, under pressure from Italian-American lobby groups, the United States Congress passed a law enshrining Columbus Day as a national holiday. President Franklin Roosevelt quickly signed the bill into law, and the very first Columbus Day was celebrated in October of that year. Undoubtedly people had […]

Macquarie: “Investors Are Mentally Exhausted Because They Understand There Is Nothing Normal In This Market”

In a note released this morning by Macquarie’s Viktor Shvetz, the bank’s stunned head of global equity strategy looks at what has become a “world without risk” and makes several observations, the key of which is absolutely spot on: “Investors are probably suffering extreme mental exhaustion. Historically low volatilities and risks, coinciding with high valuations, […]