Authored by Raul Ilargi Meijer via The Automatic Earth blog,
If Southern Europeans were a race, say there were something like a Mediterranean race, Jeroen Dijsselbloem would definitely be a racist. Since there is not, the -demissionary- Dutch Finance Minister and -still- president of the Eurogroup of eurozone finance ministers, escapes the label, albeit narrowly.
Authored by Daniel Lang via SHTFplan.com,
Authored by Simon Black via SovereignMan.com,
I serve on the Board of Directors of a large Singapore-based company that’s in the gold and silver business.
And, last night during our quarterly conference call, the management team gave me a lot of intriguing information.
Sales of physical gold and silver are collapsing across the entire industry.
At the US Mint, for example, sales of US Eagle gold coins fell by 67% between February 2016 versus February 2017.
Authored by Raul Ilargi Meijer via The Automatic Earth blog,
The Dutch elections on Wednesday have provided a whole bunch of Orwellian narratives. PM Mark Rutte’s right wing VVD party, actually the ‘business’ -or should we say ‘rent-seekers’ in 2017- party, who lost some 20% of the seats they had obtained in the previous parliamentary election in November 2012, down from 41 to 33 seats, is declared the big winner. While Geert Wilders’ very right wing party, PVV, won 25% more seats -it went from 16 to 20- and is the big loser.
What is that saying about rats and sinking ships, we forget? Irrespective, a trio of senior executives from Och-Ziff decided they've had enough fun after their fund lost $13 billion to withdrawals over the past 13 months and their stock tanked roughly 80%.
According to Bloomberg, among those departing are Drew Gillanders, a top European equity analyst; James Keith “JK” Brown, a partner and head of investor relations; and Paula Drake, chief compliance officer.