Silver as an investment

Category Archives: European Union

Stocks Hit New Record Highs, Dollar Jumps On Senate Vote; Japan Has Longest Winning Streak In History

Global stocks hit new all time highs overnight, with US stock-index futures, Asian and European stocks all rising overnight after the Senate adopted a fiscal 2018 budget resolution, paving the way for Trump’s $1.5 trillion in tax cuts, while news that “dove” Jay Powell may be the next Fed chair added to the risk-on sentiment. […]

Did Money Talk: Europe’s “Real Boss” Now Expects Progress On Brexit By December

?The “British press” is wrong (although it wasn’t just the British press): Brexit negotiations are going well and the divorce settlement should be finalised by December. Really? This is what the EU’s "real" boss had to say on the state of Brexit negotiations following the first day of the EU summit. “My position wasn’t changed […]

Europe’s Secession Problems Aren’t Going Away

Authored by Ryan McMaken via The Mises Institute, Earlier this week, The New York Times noted that movements for greater local autonomy appear to be spreading throughout Europe. In some ways, the conflict in Catalonia is just the tip of the iceberg. The Times reports:  Coming on the heels of the Catalan vote, the Lombardy […]

Preeening Politicians & Europe’s Lost Testicles

Authored by Robert Gore via Straight Line Logic blog, Disarmed and docile Europeans pose no meaningful threat to their governments’ depredations. All sorts of reasons have been advanced for declining birthrates. SLL spotlights Europe as an advanced case and offers a hypothesis: its testicles have gone missing. What does it do to a continent when […]

Ayatollah Blasts Trump’s “Rants And Whoppers”, Says Iran Will “Shred” Deal If US Pulls Out

Iranian Supreme Leader Ayatollah Ali Khamenei – who famously waited three months before offering a tepid endorsement of the JCPOA – largely echoed the threats of other Iranian government officials when he said Wednesday that Iran would adhere to the terms of the deal if other world powers respected it, but would “shred it” if […]

WTI Shrugs Despite Huge Crude Draw

A v-shaped recovery in WTI/RBOB today (amid a dollar reversal at the EU close and chatter about a big crude draw) led prices higher into the API print (but after last week's 100% incorrect API vs DOE reversal, who knows what it means). And the rumors were true – a huge crude draw (biggest in […]

“Long Nasdaq” Takes Over From “Long Bitcoin” As Wall Street’s Most Crowded Trade

Last month, Bank of America’s survey of active investors revealed something striking: for the first time in history, the response to what the professional community perceived as the most crowded trade on Wall Street, was “Long Bitcoin” (according to 26% of respondents), followed by “Long Nasdaq”, while “Short US Dollars” was in third spot. One […]

Globalization Is Poverty: “The Endgame Is Painfully Obvious”

Authored by Raul Ilargi Meijer via The Automatic Earth blog, Central bankers have never done more damage to the world economy than in the past 10 years. One may argue this is because they never had the power to do that. If their predecessors had had that power, who knows? Still, the global economy has […]

Iranian Parliament Speaker Says US “Will Regret” Withdrawing From Nuclear Deal

Iranian Parliament Speaker Ali Larijani said Monday that the US would face stiff consequences if it withdraws from the JCPA – informally known as the Iran deal. Speaker of Iran's parliament Ali Larijani said that Iran "had a developed plan and a certain law,” should the United States withdraw from the agreement on Tehran's nuclear […]

Car-Bomb Kills “One-Woman WikiLeaks” Who Led The Panama Papers Revelations

Meet Daphne Caruana Galizia, the journalist who led the Panama Papers investigation into corruption in Malta. A blogger whose posts often attracted more readers than the combined circulation of the country’s newspapers, Caruana Galizia was recently described by Politico as a “one-woman WikiLeaks”. To John Dalli, a former European commissioner whom she helped bring down […]