Silver as an investment

Category Archives: Portugal

Schaeuble Warns US Pullback Could “End Our Liberal World Order”

Less than a month after German Chancellor Angela Merkel warned that “Europe must take its fate into its own hands,” Finance Minister Wolfgang Schaeuble implored US President Donald Trump to reconsider his “America First” policy, claiming that a pullback by the US would risk the destruction of “our liberal world order” by ceding influence to […]

USA Plunges To 114th ‘Most-Peaceful’ Nation On Earth

The 2017 Global Peace Index was released last week and it found that the world has actually become a slightly safer place during the past year. However, as Statista's Niall McCarthy notes, the divisive presidential election in the United States and its fallout has resulted in peace levels in North America deteriorating. 161 countries were analyzed in the index […]

“Precarious” Debt Crisis “Could Reverberate Around The World”

Authored by Dambisa Moyo, published op-ed by The FT, Virtually every class of US debt — sovereign, corporate, unsecured household/personal, auto loans and student debt — is at record highs. Americans now owe $1tn in credit card debt, and a roughly equivalent amount of student loans and auto­loans which, like the subprime mortgage quality that […]

Venezuela: Forty Years Of Economic Decline, Part 1

Authored by Jose Nino via The Mises Institute, Venezuela Before Chavez: A Prelude To Soclialist Failure Venezuela’s current economic catastrophe is well documented. Conventional narratives point to Hugo Chávez’s regime as the primary architect behind Venezuela’s economic tragedy. While Chávez and his successor Nicolás Maduro deserve the brunt of the blame for Venezuela’s current economic […]

Oil Surges After Saudis, Russians Agree To 9 Month OPEC Output Cut Extension; US Futures Flat

In an otherwise quiet session in which European shares dropped, Asian equities rose and S&P500 futures were little changed, crude oil surged above $49 on high volume, after the Saudi and Russian energy ministers said in Beijing they favor extending the OPEC production cut for 9 months, though the end of Q1 2018. WTI rose […]

Markets All Too Quiet Ahead Of Inflation, Retail Sales Data

Asian stocks and S&P futures are both feeling the weather this morning, while European stocks are little changed as traders have decided to hold back until today’s key US CPI and retail sales data is released in under two hours. Commodities have posted another modest rebound, driven by a rise in metal prices that has […]

Greece Gives the World Something to Cheer: Turn Up the Decibels! – Michael Carino, Greenwich Endeavors

Let’s get PrOGRessive SPIRIT! (Finally a positive acronym.)  We are either destined for destruction preferring to wallow in negativity or instead can soar with optimism.  The only difference between the two is perspective.  Time to focus on the positives in the world. I choose optimism. Portugal, Greece, Spain, Ireland and Italy had financial difficulties spending […]

Will Trump Stop Plans to Ban Cash in the US?

The biggest trend that continues “behind the scenes” is the War on Cash. Anyone who believed that the political shift towards nationalism would somehow result in the elites giving up their Central Planning schemes is mistaken. Consider Europe… Recently, the European Union announced it would start researching whether or not to put an upper limit […]

Is Europe Choosing To Disappear?

Authored by Giulio Meotti via The Gatestone Institute, A sterile Europe apparently thought that civil liberties could be bargained away in exchange for a temporary peace. Everything became negotiable. As British author Douglas Murray has asked, why were workers not brought in from European countries suffering high unemployment, such as Portugal, Italy, Greece or Spain? […]