Silver as an investment

Category Archives: Latin America

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 […]

You stand a higher chance of being crushed by a vending machine.

Via The Daily Bell There’s something I’ve always found mesmerizing about watching animals in the wild. They have the most incredible instincts, honed from countless generations of survival against constant threats. Animals have a keen sense of danger. They know immediately when something doesn’t feel right, and they act on it without hesitation. I saw […]

The Future Of The Third World

Authored by Jayant Bhandari via Acting-Man.com, Decolonization The British Empire was the largest in history. At the end of World War II Britain had to start pulling out from its colonies. A major part of the reason was, ironically, the economic prosperity that had come through industrialization, massive improvements in transportation, and the advent of […]

Korea And Venezuela: Flip Sides Of The Same Coin

Authored by Jacob Hornberger via The Future of Freedom Foundation, By suggesting that he might order a U.S. regime-change invasion of Venezuela, President Trump has inadvertently shown why North Korea has been desperately trying to develop nuclear weapons – to serve as a deterrent or defense against one of the U.S. national-security state storied regime-change […]