by Gerardo Del Real
Impeachments, currency wars, and volatility are now the new normal… and they will eventually usher in a new bull market in gold.
Take, for example, Brazil — the world’s fifth most populous country and eighth-largest economy. Its second-largest city, Rio de Janeiro, is the host of this year’s Summer Olympics.
Brazil is also suffering its worst economic crisis in decades. In addition, multiple corruption scandals — in the public, private, and state-owned sectors — the Zika crisis, and the likely impeachment of Brazilian President Dilma Rousseff look to provide a challenge to the already-fragile social stability of the country.
In Europe, the attacks in Paris last November and Brussels last week have re-ignited passions on the issue of immigration. The “Brexit” vote will be a very important vote to decide whether Britain should remain in the European Union. The referendum will be held on June 23.