Silver as an investment

Category Archives: Peso

Peso Strengthens After Banxico Hikes Rates For 7th Time In A Row Amid Soaring Inflation

zerohedge.com / by Tyler Durden / Jun 22, 2017  2:09 PM Mexico’s central bank raised borrowing costs for a seventh straight time as the country’s annual inflation rate more than doubled since September. The hike was expected by all but one of 27 economists and the peso (which rallied into the decision) is extending gains. Some more details: Banxico Removes […]

And The Worst-Performing Currency Since Trump’s Election Is…

Putting aside the hyperinflationary collapse of Venezuela’s black market Bolivar, the Mexican Peso continues to languish since Donald Trump was elected President in Nov 2016 as trade wars and border wall discussion weigh the currency down. As Bloomberg notes, the Mexican peso’s more than 15% rally since Donald Trump took his oath of office and softened […]

Peso Plunges As White House Plans NAFTA Withdrawal Executive Order

zerohedge.com / by Tyler Durden / Apr 26, 2017 11:54 AM The Mexican Peso is tumbling (and Loonie extending yesterday’s timber-tariff-driven losses), as Politico reports, the Trump administration is considering an executive order on withdrawing the U.S. from NAFTA, according to two White House officials. Politico reports that a draft order has been submitted for the final stages […]

Peso Surges, Dollar Tumbles After Wilbur Ross Comments

The Mexican Peso surged back below 20/$ this morning after new Commerce Secretary Wilbur Ross comments on the potential for peso recovery in a "sensible" NAFTA deal. Along with comments on Germany and Euro weakness, Ross also sent the USD index markedly lower (after 5 straight days higher). Ross said… “The peso has fallen a […]

Peso Pounded To New Record Lows As Trump Presser Looms

The Mexican Peso has plunged to fresh record lows this morning on mounting concerns that Donald Trump’s trade policy could end the country’s privileged status among developing countries. Looks like Banxico is going to need a bigger intervention… As The Wall Street Journal reports, the selloff underscores gathering fears that the economic gains Mexico has […]

Markets Crash, Peso Plunges To Record Low As Trump Looks Likely Winner

zerohedge.com / by Tyler Durden / Nov 8, 2016 10:11 PM This chart tells the whole story of the night The latest electoral map: READ MORE The post Markets Crash, Peso Plunges To Record Low As Trump Looks Likely Winner appeared first on Silver For The People.

Major Currency Pairs & The Election (Video)

By EconMatters We focus on the Election effects regarding the major currency pairs and the US Dollar in this video. Check out the Swiss Franc and the Mexican Peso Price Action after the election. This election has probably been great for CNN`s ratings, that would be a short after the election cycle is over. © […]

A PhD in Monetary Catastrophe

acting-man.com / by Bill Bonner / June 11, 2015 Editor’s Note: As you know, Bill believes the U.S. is about to experience a violent monetary shock. So today, we’re sharing with you a classic from the archives. It’s Bill’s firsthand account of Argentina’s monetary crisis. But as an American, you may eventually experience a very […]

SHTFplan: “We’re on the Verge of a Crisis” and Global Currency Wars Are Triggering It

Prepare yourself. Buy physical silver and storable food. In financial circles, it is widely acknowledged that the Federal Reserve was about to raise interest rates, but has since changed course and decided to hold firm. Why? Because currencies are tanking all across the globe, and a stronger U.S. dollar – a double-edged sword – is […]

The Velocity of Dirty Money: What the Grubby 100-Peso Notes Say About Inflation in Argentina

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. wolfstreet.com / by Bianca Fernet / November 23, 2014 By Bianca Fernet, stilettos-on-the-ground American economist in Buenos Aires, antidote to economists who act like economics is too complicated to understand and who spout off buzzwords that make you feel inadequate. […]