Submitted by Gregory R. Copley via OilPrice.com,
US President-elect Donald J. Trump in many ways faces the most circumscribed strategic options of any modern U.S. President entering office. Not only has the global context changed — and will change rapidly even further — so also has the United States’ abilities, tools, and resources to assert itself on the world stage.
On November 15, Congress passed a resolution to impose a no-fly zone over Syria, which experts are warning will result in a U.S. war with Russia. House Resolution 5732, otherwise known as the “Caesar Syria Civilian Protection Act,” means that America can now shoot down Russian warplanes operating in the region. Thefreehthoughtproject.com reports: Soon after the presidential election, key warmongers in Congress began formulating plans to make increased conflict a near certainty, complete with the kind of propaganda peddled before the Iraq attack.
It’s laudable that Trump wants to bring factories back to USA. But how about virtual, monetary factories? Moving financial institutions such as banks, insurers, brokerage houses, exchanges, and other institutions brings the most bang for the buck when it comes to revitalizing America’s economy.
As we explain in Splitting Pennies, even though money doesn't exist, it's the most important part of a healthy economy.
After 16 days in a row without a meaningful decline, Asia trading has opened with USDJPY dumping back from almost 114.00 to 111.50 - the biggest drop since July 29th. The USD Index is down most since Trump's win but for now the moves in equities (Japanese and US) are modest (but down)...
Yen is heavily bid as Asia trading opens
The biggest drop in USDJPY since July...
As the post-Trump surge in the dollar has seemingly stalled...
Japanese equities are getting hit...
By the SRSrocco Report,
According to the USGS most recent report, the U.S. silver market experienced two significant developments in August. From the data published in the USGS August Silver Mineral Industry Survey, U.S. silver production declined significantly while silver imports surged to near record highs.
First, U.S. silver production in August is down a stunning 14% compared to the same month last year and down 10% versus the previous month: