Silver as an investment

Category Archives: Latin America

Why This Canadian City Could Be The Epicenter Of The Next Bitcoin Rush

There is a new Gold Rush 2.0 currently underway across the world, and prospectors have their eyes set on Winnipeg City in Manitoba, Canada. In 1848 through 1849, the news of gold quickly spread around. People from Hawaii and Latin America were the first to hear the breaking news. Next came the rest of the U.S., […]

The 10 “Grey Swans” Events For 2018

One of the traditional push backs against attempts to predict “black swan” events is that they are by default unpredictable, rendering the entire exercise moot. However, for the second year in a row, Nomura’s Bilal Hafeez has found a loophole, or rather loop-animal: the grey swan. As Hafeez writes, while he would like to be […]

From The Caucasus To The Balkans, China’s Silk Roads Are Rising

Authored by Pepe Escobar via The Asia Times, With its focus on Central Asia and Eastern Europe, the Belt and Road Initiative can be seen as fulfilling a strategy of challenging the West that can be traced back to Mao… The 19th Chinese Communist Party Congress made it clear that the New Silk Roads – […]

For The First Time Ever, The Richest 1% Own More Than Half Of The World’s Wealth, Or $140 Trillion

Today Credit Suisse released its latest annual global wealth report, which traditionally lays out what has become the single biggest reason for the recent "anti-establishment" revulsion: an unprecedented concentration of wealth among a handful of people, as shown in Swiss bank's infamous global wealth pyramid, an arrangement which as observed by the "shocking" political backlash […]

Mission Creep In Darkest Africa

Authored by Eric Margolis via Orinetal Review, The British Empire, which at the end of the 19th century ruled one quarter of the earth’s land surface, is long gone. But its robust successor and heir, the United States, has set about enlarging it. As I sought to explain in my last book ‘American Raj – […]

Remembering Communism’s Bloody Century

Authored by Stephen Kotkin via The Wall Street Journal, In the 100 years since Lenin’s coup in Russia, the ideology devoted to abolishing markets and private property has left a long, murderous trail of destruction… A century ago this week, communism took over the Russian empire, the world’s largest state at the time. Leftist movements […]

Paradise Papers: Massive New Leak Exposes Tax-Haven Secrets, Links Wilbur Ross To Russia

One year after the Panama Papers revealed billions in assets are held in offshore "tax haven" accounts by some of the world's most powerful and wealthy individuals, on Sunday a huge new leak of financial documents disclosed by the International Consortium of Investigative Journalists (ICIJ) – a global network that won the Pulitzer Prize this […]

ScotiaMocatta Put For Sale After Multibillion Money-Laundering Scandal

The world’s oldest gold trader is for sale after a massive money laundering scandal may have terminally crippled one of the most iconic names in the business. Canada’s Bank of Nova Scotia is exploring options for its gold business ScotiaMocatta, the Financial Times reported, which include a possible sale of Canada’s most popular precious metals […]

How Columbus Revolutionized The Global Economy

Authored by Ryan McMaken via Mises Canada, Columbus Day this year brought with it the usual acrimony, and this Salon article hit the usual talking points by declaring European settlement of the Americas to be “the most massive act of genocide” in world history. Salon quotes historian David Stannard who writes: “[O]n average, for every 20 natives alive at the […]

Which Countries Created The Most Millionaires Last Year

Yesterday, in its latest triennial Survey of Consumer Finances, the Fed admitted what had been obvious to everyone else: Fed policies unleashed over the past decade have made the rich richer, even as the American middle class has continued to shrink. Then overnight, Capgemini released its latest World Wealth Report, which found more of the […]