Socialism in the Capital of Capitalism: Mamdani’s Election and its Consequences
Not long after the polls closed at 9 p.m. in New York City on November 4th, self-styled Democratic Socialist…
Category: Economies & Markets
Nuclear Energy and Uranium Futures Glowing After Big Announcements from Japan and India
More closely linked to political decisions than any other commodity or energy security, uranium, and the energy companies that…
4 Caribbean Countries Implement Schengen Area-Style Free Movement Agreement
On October 1st, the Caribbean Community (CARICOM) nations implemented the Free Movement Agreement among the member states of Barbados,…
100% Debt-to-GDP Threshold Crossed by Many Eurozone Economies, Including Some of the Largest
3 of the 5 largest economies in the Eurozone are currently carrying national debts at 100% or more of…
Doubling of Gold Price Over 5 Years Sees Global National Reserves Hit $4.8 Trillion in October
On October 7th, gold prices hit $3,977 per troy ounce, some 100% from where the price sat five years…
Newly-Appointed Governor’s First Actions Massively Call into Question Fed Independence During FOMC
Following the recent September Federal Open Market Committee (FOMC) meeting, a commentary by Euro Pacific Asset Management suggests that…
Court Rules Most Trump Tariffs Are Illegal: Administration Braces for SCOTUS Appeal
An appeals court has ruled 7-4 that President Trump’s use of tariffs is illegal, and supplants the traditional role…
Firefly Aerospace Raises Over $800 Million on First Day on Wall Street
Firefly, a civil-commercial spaceflight company out of Texas, recently raised over $800 million on Wall Street during its initial…
Huge Jump in Producer Prices Point to Tariffs Beginning to Weigh on American Businesses
The July Producer Price Index (PPI) report printed an eye-catching 0.9% month-over-month increase, the largest such increase recorded in…
Japan’s Trade Deal with the US Draws Fire Over Lack of Documentation
Japan’s decision to move forward on a major tariff agreement with the United States without issuing a formal, written…
How Scott Bessent Using a Leverage Buyout to “Save” Ukraine
Reprinted with permission from Germinal G. Van… Scott Bessent, the incumbent US Secretary of the Treasury, recently “bought” Ukraine…
Cambodia, Indonesia Closing in on Deals with US, but Malaysia in No Rush
Announced frameworks between the US and Southeast Asian nations seem to be materializing, alleviating fears that the high tariff…
Trump Promised 90 Deals in 90 Days: He Got Just 2 and Now Looks for More Time
“We invite you to participate in the extraordinary Economy of the United States, the Number One Market in the…
As the Trump Tariff Deadline Looms, Vietnam Is Relieved, Japan Resigned
A 90 day pause in the implementation of President Donald Trump’s new tariff rates will expire on Wednesday, and…
Trump Tariffs Present as Boon to Budgets and Burden to Buyers
The Trump reciprocal tariff regime could reduce the Federal budget deficit by $2.8 trillion over the next 10 years…
He Put the Tariffs on, They Took the Tariffs off, They Put the Tariffs on—Economies Are Shaking all About
Mass uncertainty surrounds the near term future of US-Asian trade, so much so that businesses in some economies including…
Shanghai Gold Exchange to Set Up Warehouses for International Deliveries and Favored Pricing in RMB
In major eastern financial news, the Shanghai Gold Exchange could soon be delivering specific products to overseas partner warehouses…
Do Any Economists Believe Trump’s Tariffs Will Improve the American Economy?
Story at a glance… President Trump announced a new tariff regime that has placed at least a 10% tax…
China Believes it’s Found World’s Two Largest Gold Deposits Totaling 2,000 Tonnes—Right Within its Own Borders
Geologists in China have now reported that they have identified two new large gold deposits inside the country that,…
Gold’s Remarkable Rise to $1 Million a Bar Offers Rare Media Flashpoint of a Quiet Bull Market
News broke last week that upon reaching a new all-time record high of over $2,500 per troy ounce, the…