Silver as an investment

Category Archives: world

The EU’s Biggest Standing Armies

As we detailed previously, the foreign and defense secretaries of 23 EU countries (out of 28 in total) agreed on Monday to take further steps towards forming a European defense force. Five countries opted out: The United Kingdom (that's is leaving the EU), Denmark, Ireland, Portugal and Malta. The defense union has been on the […]

Warnings From The “China Beige Book”

Authored by James Rickards via The Daily Reckoning, Leland Miller, a good friend of mine, is the founder and proprietor of an economic research service called the “China Beige Book.” The name “beige book” was borrowed from the surveys conducted by regional Federal Reserve banks of economic conditions in their regions. (In the days before […]

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 – […]

Why So Many (In The West) Are So Pissed Off

Via BusinessCycle.com, Campaigning to “Make America Great Again,” Donald Trump swept to the presidency last November 8, buoyed by a wave of anger and sense of betrayal in the American heartland. He knew that, for many, the American Dream had receded inexorably beyond reach, lingering only in distant memories. Critically, American parents no longer expect […]

Did Russia’s Iranian Energy Deal Kill Four Birds With One Stone?

Authored by Andrew Korybko via Oriental Review, Russia’s gargantuan $30 billion energy deal with Iran simultaneously accomplished four objectives that are central to the grand strategic goals behind Moscow’s “Ummah Pivot”… Rosneft chief executive Igor Sechin announced that his company signed a roadmap to invest the mind-numbingly large sum of $30 billion in the Iranian […]

In Angry Tweetstorm, Venezuela’s National Oil Company Lashes Out At “Doomsayers”

As reported earlier, Venezuela’s state-run oil company surprised naysayers who speculated that today may be the day PDVSA finally defaults on its $842 million bond issue. In a statement, PDVSA “confirms its full solvency and capacity to fulfill its commitments, despite the economic war and the imposition of unjustified sanctions from Donald Trump,” the oil […]

Economic Recovery – But For Who?

Authored by Chris Hamilton via Econimica blog, How to judge the effectiveness of the economic recovery since 2008 is a challenge? Many laud the Federal Reserve for it's actions to stave off a possible depression.  The Federal Reserve's policies have certainly helped to promote new record highs in financial assets across the spectrum.  These policies […]

Germany’s Delegation To Russia Signals That Merkel Is Looking For New Allies

By George Friedman of Mauldin Economics A delegation of executives from major German corporations recently met with Russian President Vladimir Putin. Such delegations are not unusual. Sometimes it is routine, sometimes a courtesy. But occasionally, it has significance. In the case of Russia-Germany relations, such meetings are always potentially significant. Germany’s Unsteady Relations Two relationships […]

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. […]

India, China, U.S., Complain Of Venezuelan Crude Oil Quality Issues

Authored by Zainab Calcuttawala via OilPrice.com, Venezuela’s Indian, Chinese, and American clients are complaining that crude shipments from PDVSA are poor in quality and are resulting in demands for discounts and returned shipments, according to a new report by Reuters, including interviews with over a dozen sources and supporting documents. The disputes involve the contamination […]