You are here
Argentina elects 'shock therapy' libertarian Javier Milei as president
Goodbye, slavery to Argentina's central bank. Hello, slavery to the Federal Reserve.
* * *
By Nicolas Misculin, Lucinda Elliott, and Walter Bianchi
Sunday, November 19, 2023
BUENOS AIRES -- Argentina elected right-wing libertarian Javier Milei as its new president today, rolling the dice on an outsider with radical views to fix an economy battered by triple-digit inflation, a looming recession, and rising poverty.
Official results showed Milei with near 56% versus just over 44% for his rival, Peronist Economy Minister Sergio Massa, who conceded in a speech. The result once again caught pollsters off guard who had predicted a closer race.
... Dispatch continues below ...
... ADVERTISEMENT ...
Bullion Star Opens in the U.S., Selling and Vaulting Gold and Silver
Bullion Star is now open in the United States, offering gold and silver bullion at extremely competitive prices with free delivery. Bullion Star also offers customers a year of free vault storage along with free delivery as well as storage in its secure precious metals vault in Dallas, Texas.
Storing precious metals is challenging. Homeowner's insurance seldom covers precious metals, and safe deposit boxes offered by banks are neither insured nor covered by the government deposit insurance. Bullion Star's vault is an independently run, Class III UL-rated vault with uncompromising surveillance and round-the-clock security.
With Bullion Star you can transact and store your metals securely and confidentially. Your bullion is fully insured against all risks at full replacement value. Bullion Star uses five audit methods to verify the existence and correctness of your stored bullion.
For more information, please visit:
In downtown Buenos Aires hundreds of Milei supporters honked horns and chanted his popular refrain against the political elite -- "out with all of them" -- as rock music played from speakers. Some people set off fireworks as excitement spread.
"We came to celebrate this historic triumph," said Efrain Viveros, a 21-year-old student from the province of Salta. "I'm ecstatic. Milei represents change, for the better. With Massa we'd have had no future, our future has returned."
Massa in a speech said he had congratulated Milei and said the libertarian now needed to show his readiness to rule. "From tomorrow the responsibility of providing certainty belongs to Milei," he said.
Milei is pledging economic shock therapy. His plans include shutting the central bank, ditching the peso, and slashing spending, potentially painful reforms that resonated with voters angry at the economic malaise. ...
... For the remainder of the report:
* * *
Toast to a free gold market
with great GATA-label wine
Wine carrying the label of the Gold Anti-Trust Action Committee, cases of which were awarded to three lucky donors in GATA's recent fundraising campaign, are now available for purchase by the case from Fay J Winery LLC in Texarkana, Texas. Each case has 12 bottles and the cost is $240, which includes shipping via Federal Express.
Here's what the bottles look like:
Buyers can compose their case by choosing as many as four varietals from the list here:
GATA will receive a commission on each case of GATA-label wine sold. So if you like wine and buy it anyway, why not buy it in a way that supports our work to achieve free and transparent markets in the monetary metals?
To order a case of GATA-label wine, please e-mail Fay J Winery at firstname.lastname@example.org.
* * *
Support GATA by purchasing
Stuart Englert's "Rigged"
"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon --
-- or for an additional $3 and a penny buy an autographed copy from Englert himself by contacting him at email@example.com.
* * *
Help keep GATA going:
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit: