Silver as an investment

Category Archives: Labour Party

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. […]

Theresa May Heads To Brussels For Surprise Brexit Dinner: “We’ve Almost Run Out Of Things To Talk About”

After her disastrous speech at the Conservative party conference, Theresa May is in desperate need of some good news as she puts her reputation on the line by unexpectedly heading to Brussels and personally intervening in the stalled Brexit talks. News of the meeting came as a surprise to some in Westminster, although 10 Downing […]

UK Opposition Leader Calls For “People’s QE” – It’s Venezuela With Tea & Cakes

Authored by Daniel Lacalle via The Mises Institute, It is sad to see that, facing the evidence of the failure of demand-side policies and money printing, many commentators propose some of the most outdated and failed policies in modern economic history. In the UK, Mr. Jeremy Corbyn, the new leader of the Labour Party, believes […]

South Korea Is Preparing A “Surgical Strike” Against The North: Report

According to a report in South Korea’s Munhwa Ilbo newspaper, which cites an unidentified government official, South Korea’s military is preparing a “surgical strike” scenario that could wipe out North Korean command and missile and nuclear facilities following an order by S.Korea’s President Moon Jae-in. Munhwa adds that the military is to report the scenario […]

Does Britain Have The World’s Best Health System? Only If You Ignore Outcomes

Authored by George Pickering via The Mises Institute, “The National Health Service is the closest thing the English have to a religion,” Margaret Thatcher’s Chancellor Nigel Lawson famously once observed. However, given the swivel-eyed fanaticism with which its supporters will defend it, even from the overwhelming evidence of its shortcomings, at this point it might […]

“It’s Fake Fiscal News” – Jim Chanos Dashes Economic Pipe Dreams, Fears Much Worse To Come

Authored by Lynn Paramore via INETEconomics.com, The famed short-seller offers a mid-2017 reality check for “fake fiscal news,” economic pipe dreams, and “portents of even worse things” Since the election of Donald Trump, the stock market has soared and many pundits have noted positive economic trends in the US. Jim Chanos of Kynikos Associates, known […]

59% Of Brits Agree With Marxist Corbyn: Empty Luxury London Flats Should Be Used To House Homeless

With at least 58 dead (30 confirmed, 28 presumed), the Grenfell Tower fire in London is undoubtedly a disaster, but (riding high on his recent election gains) Labour leader Jeremy Corbyn's solution for those made homeless by the fire seems to confirm his pro-Marxian perspective on life – government will seize the empty homes of […]

The Market Has Zero Concerns About Thursday’s UK Election

Having learned its lesson that both an “unexpected” result (in the case of Brexit and Trump), and a “priced in”, favorable election outcome both lead to higher risk prices, the market no longer even pretends to be nervous about the outcome of this Thursday’s general election in the UK. To be sure, it has good […]

Saudi Arabia, Egypt, UAE, & Bahrain Cut Diplomatic Ties, Shut All Borders With Qatar

Just days after president Trump left the region, a geopolitical earthquake is taking place in the Middle East tonight as the rift between Qatar and other members of the (likely extinct) Gulf Cooperation Council explodes with Bahrain, UAE, Saudi Arabia, and Egypt cutting all diplomatic ties with Qatar accusing it of "speading chaos," by funding […]

Global Rally Fizzles After “OPEC Shock” In “Slow Risk-Off Session”

S&P futures were fractionally lower from yesterday’s record high as European stocks declined and Asian stocks were mixed, pressured by yesterday’s 5% plunge in crude after OPEC unexpectedly “failed to surprise” markets, and announced the bare minimum supply cut extension that was expected by oil traders, who in turn puked long positions. It wasn’t just […]