Silver as an investment

Congressman Andy Barr Wants Robinhood’s Young Day Traders to Be Free to Trade Themselves into Poverty While All of His Own Money Remains Professionally Managed

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

Congressman Andy Barr Wants Robinhood’s Young Day Traders to Be Free to Trade Themselves into Poverty While All of His Own Money Remains Professionally Managed

By Pam Martens and Russ Martens: March 19, 2021 ~ During the Wednesday House Financial Services Committee hearing on the toxic business model gaining steam on Wall Street, where market makers pay for order flow from online brokerage firms like Robinhood in order to trade against the so-called “dumb money” from retail investors, there were regular bursts of hypocrisy from the Wall Street-funded Republicans on the Committee. One of the most gag-worthy lectures came from Congressman Andy Barr (R-KY). According to the Center for Responsive Politics, nine of Barr’s top 15 donors to his Campaign Committee and Leadership PAC for the 2019-2020 campaign cycle are connected to Wall Street. Those donors include Prudential Financial (which is a derivatives counterparty to mega banks on Wall Street); Apollo Global Management, a private equity firm; Bank of America, parent of the giant brokerage firm Merrill Lynch; Charles Schwab, the retail brokerage firm; FMR Corp., … Continue reading