Silver as an investment

Category Archives: Activist Shareholder

Greek, Italian Risks Weigh On European, Global Markets; Oil, Gold Slide

Tuesday’s session started off on the back foot, with the Euro first sliding on Draghi’s dovish comments before Europarliament on Monday where he signaled no imminent change to ECB’s forward guidance coupled with a Bild report late on Monday according to which Greece was prepared to forego its next debt payment if not relief is […]

Frontrunning: October 5

MOAR: Euro-Area Growth Seen Slowing in Sign More Stimulus May Be Ahead (BBG) MOAR: Japan’s wage growth slows in August, keeping pressure on BOJ for more stimulus (Reuters) MOAR: Stocks, Copper, Emerging Markets Jump as Fed Delay on Rates Seen (BBG) And yet… Central Banks Lose Bond-Market Credibility as Woes Mount (BBG) World Bank cuts […]

Frontrunning: July 1

Tsipras backs down on many Greece bailout demands (FT) Creditors skeptical of Tsipras’ offer (Reuters) Greek Pension Rationing Begins; Poll Shows Tsipras Backed (BBG) Greek referendum poll shows lead for ‘No’ vote, but narrowing (Reuters) Greek Bank Controls Heap More Pain on Crisis-Weary Citizens (BBG) Greek Crisis Ripples Across European Companies as Markets Swing (BBG) […]

Frontrunning: May 1

  Record month ends in pain as biotech, small-caps, Apple tumble (BBG) Japan inflation rises for first time in nearly a year (WSJ) US Navy starts to accompany ships in strait where Iran seized cargo carrier (WSJ) Russia may be readying for new Ukraine offensive: NATO commander (Reuters) Big banks use loophole to avoid ban […]

Frontrunning: September 24

A Month of Bombs Dropped in One Night of Strikes on Syria (BBG) Air strikes in Syria hit Islamic State-held areas near Turkey (Reuters) Pimco ETF Draws Probe by SEC (WSJ) Shadowy al Qaeda cell, hit by U.S. in Syria, seen as ‘imminent’ threat (Reuters) Yellen Warns on Market Calm Before ‘Considerable Time’ Up (BBG) […]

This Is Why Hewlett Packard Just Announced Another 16,000 Job Cuts

The biggest scandal in today’s release of Hewlett Packard Q2 earnings was not that it hit 30 minutes prematurely, catching algos unaware and unable to BTFD when the stock tumbled on what was a revenue miss and 1% decline from last year, nor that the company guided below estimate, pushing its stock some 3% lower […]

Frontrunning: May 22

McDonald’s Workers Arrested at Protest Near Headquarters (BBG) U.S. Sends Troops to Chad to Hunt for Abducted Nigeria Girls (BBG) BofA Scrapping Market-Making Unit Amid Trading Scrutiny (BBG) Biggest attack in years kills 31 in China’s troubled Xinjiang (Reuters) Intense Fighting Flares in Eastern Ukraine (WSJ) Fed Officials Tussle Over Labor Market Slack (Hilsenrath) Ikea […]

Chilean Activist Burns $500 Million Student Loan Docs In Protest Against Debt Serfdom

Submitted by Mike Krieger of Liberty Blitzkrieg blog, This story struck a particular chord with me considering my mother left Chile for the United States back in the early 70′s after Salvador Allende was elected President. She was able to instinctively see the writing on the wall, and got out ahead of the political chaos, […]

Frontrunning: May 16

Bank of England sees ‘no housing bubble’ (Independent) ‘If the euro falls, Europe falls’ (FT) India’s pro-business Modi storms to historic election win (Reuters) Global Growth Worries Climb (WSJ) Bitcoin Foundation hit by resignations over new director (Reuters) Blackstone Goes All In After the Flop (WSJ) SAC’s Steinberg loses bid for insider trading acquittal (Reuters) […]

Crony Capitalism and the Oracle of Omaha

I am back from the Berkshire Hathaway annual meeting in Omaha, Nebraska, and my brain is still spinning from the dozens of meetings and stimulating conversations. In a series of articles over the next few weeks, I’ll try to download the thoughts that were triggered by this trip, a lot of them unrelated to the […]