Silver as an investment

Category Archives: New Zealand

“Jacindamania”: Labor Takes Over New Zealand, New Gov’t Blasts Capitalism, Promises to End Poverty

themaven.net / Mike “Mish” Shedlock / 2017/10/20  Ah yes, a pledge to end poverty. Where have we heard that before? The latest promise comes from Jacinda Ardern, New Zealand’s newest prime minister. Labor came in 2nd place in the Sept 23 election but a coalition of Greens and NZ First led to the minority Labour-led government yesterday. […]

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. […]

Preeening Politicians & Europe’s Lost Testicles

Authored by Robert Gore via Straight Line Logic blog, Disarmed and docile Europeans pose no meaningful threat to their governments’ depredations. All sorts of reasons have been advanced for declining birthrates. SLL spotlights Europe as an advanced case and offers a hypothesis: its testicles have gone missing. What does it do to a continent when […]

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 […]

Entire Island Of Vanuatu Evacuates As Preparation For Another Volcanic Eruption

Volcanoes seem to be exploding at a higher rate right now, and the earth is riddled with earthquakes. Now, the entire island of Ambae is evacuated as the Manaro volcano becomes increasingly active. The island of Bali in Indonesia is already evacuated under threats of Mount Agung’s imminent eruption. Now the island of Ambae in Vanuatu is also cleared […]

The Secret History Of The Banking Crisis

Authored by Adam Tooze via ProspectMagazine.co.uk, Accounts of the financial crisis leave out the story of the secretive deals between banks that kept the show on the road. How long can the system be propped up for? It is a decade since the first tremors of what would become the Great Financial Crisis began to […]

S&P Futures Bounce As VIX Hammered, Europe “Euphoric”

After sliding to 3 month lows on “car cartel” concerns yesterday, European stocks have rebounded after three days of declines, while oil extended gains after Saudi export cuts, with Brent rising above $49 and WTI just shy of $47. Asian stocks fell while S&P futures rose 0.2% to 2,473, putting yesterday’s GOOGL drop on plunging […]

Japan’s Shifting Power Alliances

Authored by Nomi Prins via The Daily Reckoning, I’ve just wrapped up a long trip to Japan. And I’ve taken away one lesson from all of my conversations, speeches and research: The rise of nationalism in the U.S. will cause massive shifts in global trade alliances. One of the main beneficiaries will be Japan. Now, […]

“They Can And Should Do More” Australian State Slams Banks With $280 Million Tax

Australian bankers are furious after the country’s smallest state levied a “surprise” tax on the country’s five biggest banks that could siphon off $280 million in profits during its first four years on the books, according to Reuters.  The tax was imposed by South Australia, which is struggling with the country’s highest unemployment rate and […]

Why Does The US Target Functioning Democracies For Regime Change?

Authored by Darius Shahtahmasebi via TheAntiMedia.org, U.S. Secretary of State Rex Tillerson recently admitted that America’s official foreign policy includes a regime-change operation in Iran. The CIA has created an office for this sole purpose, tasking Michael D’Andrea — also known as the Dark Prince or Ayatollah Mike — with leading this operation. Iran just […]