Silver as an investment

Category Archives: Alt-A

Government By Goldman

Authored by Gary Rivlin and Michael Hudson via The Intercept, in partnership with The Investigative Fund, Steve Bannon was in the room the day Donald Trump first fell for Gary Cohn. So were Reince Priebus, Jared Kushner, and Trump’s pick for secretary of Treasury, Steve Mnuchin. It was the end of November, three weeks after Trump’s […]

ZeroHedge: Spike in Defaults Looming: Remaining Interest-Only Alt-A Loans Set to Recast to Full Payment of Principal and Interest

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.   Spike in Defaults Looming: Remaining Interest-Only Alt-A Loans Set to Recast to Full Payment of Principal and Interest Now, isn’t this interesting… The looming recast to full payment of principal and interest for the remaining interest-only Alt-A loans in […]

ZeroHedge: Goldman Slammed With $5.1 Billion Fine For “Serious Misconduct” In Mortgage Selling

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Hot on the heels of Wells Fargo's $1.2 billion settlement, Bloomberg reports that Goldman Sachs will pay $5.1 billion to settle a U.S. probe into its handling of mortgage-backed securities involving allegations that loans weren’t properly vetted before being sold […]

“Liar Loans” Are Back In 2007 Housing Bubble Redux

In the leadup to the financial crisis, lenders did some pretty silly things. The securitization bonanza and the attendant proliferation of the “originate to sell” model drove lenders to adopt increasingly lax underwriting standards. Put simply, the pool of creditworthy borrowers is by definition finite. That’s a problem because the securitization machine needs feeding. So what […]

Volatility Is The Square Root Of Time & Fat Tails

Authored by Russ Certo of Brean Capital via David Kotok of Cumberland Advisors, Russ Certo of Brean Capital has penned a superb research note (PDF here). Readers may note that this is a technical essay and it is thought provoking for the professional in the money management and/or for those skilled in the monetary policy […]

ZeroHedge: Why Everyone Is About To Rush Into Subprime Mortgage Debt (Again)

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. If there is one thing the investing public has ‘learned’ in the last few years, it is ‘no matter how bad the fundamentals, if it’s been working, buy moar of it’. And so, it is with almost certain confidence that […]

ZeroHedge: A Glimpse At The “Most Potent Force In The Social World”

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. By Ben Hunt of Epsilon Theory   Well, Dick, it’s got a good beat and you can dance to it.       –  standard response to Dick Clark’s “how do you rate this song” question Dancing is a vertical expression of a […]

ZeroHedge: The Second Subprime Bubble Is Bursting, Gundlach Warns

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Back in the years just before the previous housing bubble burst (not to be confused with the current, even more acute one), one person did the math on subprime, realized that the housing – and credit bubble – collapse was […]

ZeroHedge: Bill Black On The DoJ’s Seven Biggest ‘Fails’ In The BofA Lawsuit

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Submitted by William Black via Alternet.org, The Department of Justice’s (DOJ) latest civil suit against Bank of America (B of A) is an embarrassment of tragic proportions on multiple dimensions. I'm "only" going to explore seven of its epic fails […]

ZeroHedge: Part II | Stress Test Follies & Zombie Love

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. “Central bankers uphold one end of a grand bargain that has evolved over 350 years.  Democracies grant these secretive bureaucrats control over their nations’ economies; in exchange, they ask only for a stable currency and sustained prosperity (something that is […]