Silver as an investment

Category Archives: Italy

Can Macron Save The World? Save France?

Authored by Mike Shedlock via MishTalk.com, The markets appear giddy over the election prospects of Emanuel Macron in France. Equities are up along with bond yields. Gold is down. Macron won round one of the French election Sunday and will square off against Marine Le Pen in round two on May 7. He is widely expected […]

Le Pen’s Election Will Shock the World!

thecommonsenseshow.com / By Dave Hodges / April 24th, 2017 First it was the Brits and Brexit. Then we see the defiance of people in Italy, Spain and Greece. Then came along Donald Trump and American populism. What’s the message? The people of the modern world are tired of corrupt elitism  Now it is the turn of the French. […]

Taxation Is Theft

It’s a double-whammy for the U.S. taxpayer. Bloomberg notes that not only are many Americans writing yet another check to Uncle Sam this tax season, they’re also paying more to have someone handle their returns. The Labor Department’s consumer-price index for tax return preparation rose 2.4 percent, the third-biggest monthly gain ever, to a record […]

Trump And The Age Of Magical Thinking

Authored by Christopher Whalen via The Institutional Risk Analyst blog, “Anyone taken as an individual is tolerably sensible and reasonable – as a member of a crowd, he at once becomes a blockhead.”   Friederich von Schiller, quoted by Bernard Baruch The term "magical thinking" refers to how children believe that their thoughts have a […]

Frontrunning: April 13

Trump comments trigger U.S. dollar, bond yield slide (Reuters) N. Korea Nuclear Test Could Come Saturday or Sooner, Sources Say (VoA) Fear Is Creeping Back Into Markets (BBG) Trump Liking Yellen Ignites Prospects for Fed Policy Continuity (BBG) CEOs gaining power in Trump’s White House (Politico) Indexes Beat Stock Pickers Even Over 15 Years (WSJ) […]

Greece Gives the World Something to Cheer: Turn Up the Decibels! – Michael Carino, Greenwich Endeavors

Let’s get PrOGRessive SPIRIT! (Finally a positive acronym.)  We are either destined for destruction preferring to wallow in negativity or instead can soar with optimism.  The only difference between the two is perspective.  Time to focus on the positives in the world. I choose optimism. Portugal, Greece, Spain, Ireland and Italy had financial difficulties spending […]

US Futures Rebound Sharply, Erase All Syrian Airstrike Losses

After initially tumbling in the aftermath of the U.S. missile attack on Syria which jolted financial markets, boosting haven assets and temporarily shifting investor focus from today’s jobs data , S&P futures have managed to recoup all losses (the Nikkei closed up 0.4% after sliding earlier in the session), with Europe also just fractionally lower […]

Are Mexico’s Oil Reserves Almost Depleted?

Submitted by OilPrice Mexico’s oil and gas regulator said last week that the country’s proved hydrocarbon reserves will drop by 10.6 percent in 2017. This forecast, coupled with the lower oil production that state company Petroleos Mexicanos (Pemex) reported for yet another year in 2016, is painting a rather bleak picture of Mexico’s reserves. Without […]

Heraeus Gold Refinery Buys Swiss Refiner Argor-Heraeus

Heraeus Gold Refinery Buys Swiss Refiner Argor-Heraeus – Heraeus gold and precious metals refinery buys Swiss refinery Argor-Heraeus– Heraeus reported to have paid “few hundred million euros for the remaining Argor shares”– Argor-Heraeus “goodwill” alone reported to have been valued at over “half a billion Swiss francs”– Global technology & precious metals refiner Heraeus will acquire stakes from […]