Silver as an investment

Category Archives: Euroscepticism

Cable Spikes After European Court Of Justice Agreement

The chaotic trading in cable continues, this time spiking to the upside after Bloomberg reports that the EU and U.K. have reached an agreement on the sensitive issue of the role of the European Court of Justice after Brexit, according to two people familiar with the matter. The agreement on the court leaves the Irish […]

Who Feels EU Membership Has Paid Off? (Spoiler Alert: Not Italy)

Amid the UK's Brexit vote and rising right-wing populism across Europe, euroscepticism has never posed a greater threat to the EU. Despite the turmoil, majorities in most countries feel they have benefited from EU membership. According to the European Parliament, 90 percent of people in Ireland feel their country's decision to join the EU has paid […]

Gold Will Be Safe Haven Again In Looming EU Crisis

Gold will be safe haven again in looming EU crisis – EU crisis is no longer  just about debt but about political discontent– EU officials refuse to acknowledge changing face of politics across the union– Catalonia shows measures governments will use to maintain control– EU currently holds control over banks accounts and ability to use cash– […]

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 […]

Three Cheers For MEP Dan Hannan: Why Not A Better Brexit Deal For Everyone?

Authored by Mike Shedlock via MishTalk.com, The EU values political correctness more than jobs. The result was a collapse in support for Angela Merkel, and the rise of AfD and FDP in Germany. Let’s not forget Marine Le Pen in France, Beppe Grillo in Italy, and the far right in Austria. For the sake of […]

Conservatives Prepare “Secret Plot” To Oust UK’s May If She Backs Off “Hard Brexit”

The walls are closing in on UK’s embattled prime minister Theresa May, who after the disastrous outcome in the general election, and following a torrid week in which she faced fierce criticism for her handling of the Grenfell Tower catastrophe, in which 58 people are now presumed dead, is reportedly facing what the Telegraph calls […]

EU Sues Poland, Hungary And Czech Republic For Refusing To Accept Refugees

The European Commission has launched a legal case against Poland, Hungary and the Czech Republic, for refusing to take in asylum seekers, escalating a bitter feud within the 28-nation bloc about how to deal with the Pandora’s box opened up Angela Merkel’s 2015 “Open Door” policy (since shut). The reason for Brussels’ ire is that […]

Konstantin Richter: “The Dirty Dozen” – 12 ‘Things’ That Ruined The EU

Authored by Konstantin Richter via Politico.eu, Last weekend, European leaders gathered in Rome for the 60th anniversary of the Treaty of Rome. They discussed, not for the first time, how to get the EU back on track. And they told each other they are still committed to the Union and believe in its future. (We’ve […]

Italy Falls Out Of Love With The Euro: Beppe Grillo Resurgent In The Polls

Authored by Mike Shedlock via MishTalk.com, Recent polls for Italian politicians supporting the eurozone and EU have collapsed. Pro-Europe polls are highly likely to get worse as a  further splintering of Matteo Renzi’s PD party takes place. It is not out of question for Beppe Grillo’s eurosceptic Five Star Movement (M5S) party to achieve an […]

Dutch General Election Results: Prime Minister Rutte Wins, Wilders’ Freedom Party Slides

Summary of the latest developments, courtesy of Bloomberg: Prime Minister Mark Rutte’s Liberals are the evening’s big winners: they’re set to take 31 of parliament’s 150 seats That’s a blow to the populist Freedom Party of Geert Wilders, which fared less well than projections, putting the party in a fight for second place Rutte’s coalition […]