Silver as an investment

Category Archives: ratings

Canadians Get “A Little Mad” As Refugees Continue To Flood In From U.S.

Just over a month ago we highlighted the comments of one recently deported Mexican nationalist who told Reuters that illegally immigrating to the U.S. was over, courtesy of the Trump administration, and that it was “Canada’s turn” to welcome the world’s immigrants with open arms. “For those without documents, I think (the United States) is […]

World’s Biggest Aluminum Producer Faces Default, Warns Of “Dramatic Social Unrest” Without A Beijing Bailout

Step aside China Huishan Dairy Holdings – a company which cratered last month after a negative Muddy Waters research report brought attention to a company we knew for one year was collateralizing its cows to fund stock buybacks – and make space for what may be the next Chinese megafraud. While China Hongqiao Group may […]

For Sale On The Dark Web: Your Tax Refund And Social Security Number

After death, and taxes, we can now add a third 'certainty' to life – identity theft. Amid the business of tax season, it's not just accountants that are toiling hard to collect their fees. As Bloomberg reports, tax season is hog heaven for cybercriminals. The thought of all that personal data just sitting around, unmolested […]

The American Dream, Twice Removed

I can’t avoid linking that to earlier periods of American poverty (see the photos below), says The Automatic Earth's Raul Ilargi Meijer, times in which ‘leaders’ thought it appropriate to let large swaths of the population live in misery, so everyone else would think twice about raising their voices. A tried and true strategy. But […]

Snyder Warns Of The Ticking Time Bomb That Could Wipe Out Virtually Every Pension Fund In America

Authored by Michael Snyder via The Economic Collapse blog, Are millions of Americans about to see the big, juicy pensions that they were counting on to fund their golden years go up in flames in the biggest financial disaster in U.S. history? When Bloomberg published an editorial entitled “Pension Crisis Too Big for Markets to […]

Gordhan Learned He Was Fired On TV

In his first comments to journalists since his stunning termination by South Africa’s president Zuma on Thursday night, ousted finance minister Pravin Gordhan dismissed an intelligence report used to justify his sacking as “absolute nonsense”. Quoted by the FT, the internationally respected, if feuding with Zuma, Gordhan said the report, which alleged he was plotting […]

Rand Plunges Most Since US Election After Zuma Aborts International Investor Roadshow

The South African Rand erased its advance to become the worst performer in emerging markets after we detailed earlier that President Jacob Zuma ordered an international investor roadshow aborted – serving as a wake-up call to the country’s political risks. Finance Minister Pravin Gordhan and his deputy, Mcebisi Jonas, were instructed to pull out of […]

Venezuela In Dire Straits As Oil Production Falls Further

Authored by Nick Cunningham via OilPrice.com, Venezuela’s economic crisis continues to deepen. The South American OPEC member is thought to be sitting on nearly 300 billion barrels of oil, far more than any other country in the world, including Saudi Arabia (estimated at 268 billion barrels). But the economy has been in freefall for several […]

Millennials Don’t Consider Themselves Adults Until 30

Turns out, you might be a millennial and not even know it. Even if you’re approaching 40. As TheWrap.com's Tony Maglio reports, according to new research by CBS’ TV ratings guru David Poltrack and Nielsen Catalina Solutions, the youngest millennials should be graduating college this year — but that doesn’t mean they all consider themselves […]

Trump’s Job Approval Rating Drops To Record Low, Breaking Key Correlation

In the first week of February, a Credit Suisse analysis concluded that there was only one chart that mattered to markets: that of Trump’s approval rating. As the bank’s analyst Lori Calvasina wrote at the time, “US stocks have been trading closely with shifts in Trump’s favorability, as have 10 year Treasury yields… …the Dollar, […]