Let’s take a quick look at what’s happening in Brazil, over and above the 2016 Olympics being awarded to Rio de Janeiro.

Offshore Nambia is quickly becoming one of the world’s greatest frontier oil provinces.

Over the past year, Brazil has established itself as one of the most exciting markets in the world for investors. Its Bovespa stock index is up 55% this year. And the discovery of the huge new Tupi oil field off its east coast has led some investors to refer to Brazil as the “New Saudi Arabia.”

Currencies trade in a tight range again…U.S. Retail Sales are a clunker! RBA’s Stevens is upbeat! Thoughts on Brazil…And Now… Today’s Pfennig!

Brazilians used to joke that their country was the country of the future – and always would be because a new crisis seemed to crop up every time the economy came close to fulfilling its potential.

Currencies trade in a tight range… Again! Continuing Claims rise…Bank of England adds to QE! UGH! Swiss franc posts 5 weeks of gains…And Now… Today’s Pfennig!

The oil resources off Brazil are in the same scope as those of Saudi Arabia. The oil potential is huge. Beyond huge. It’s a game changer for the world of energy. No, the Brazilian resource doesn’t mean that Peak Oil is history. But it does mean that history is about to change. Indeed, the angel of history is favoring the nation of Brazil.

Brazil is making a national commitment to develop energy resources located far offshore in the South Atlantic. Indeed, no nation has ever advanced such an ambitious plan for long-term comprehensive offshore development. And it’s being bankrolled by China.

For quite some time I was interested in recommending that my readers invest in Russia. I still had concerns about some political issues and organized crime in the country.  Most experts out there tell people to stay away from Russia, so I knew I had to do further research myself.

Everything is happening just as we thought it would. Stocks are rising. And people think they see better times coming.