Silver as an investment

Category Archives: business

Meet JK2 Westminster LLC – The Kushner Family Real Estate Subsidiary Preying On Poor People

Authored by Mike Krieger via Liberty Blitzkrieg blog, Cox stopped cooking for herself and her son, not wanting food near the sink. A judge allowed her reduced rent for one month. When she moved out soon afterward, Westminster Management sent her a $600 invoice for a new carpet and other repairs. Cox, who is now […]

“Something’s Breaking” – Yuan Suddenly Spikes To 2-Month Highs

Traders in Asia are bemused as offshore Yuan suddenly spikes by the most in 2 months (following dollar’s post-Fed-Minutes breakdown) to 2-month highs… It seems The Fed’s potentially dovish realisation that data-dependence is going to hold them back from their plans to hike rates no matter what is rippling through the world’s risk markets as […]

Angry China Slams Moodys For Using “Inappropriate Methodology”

The market may have long since moved on from Moody’s downgrade of China to A1 from Aa3 (by now even long-only funds have learned that in a world with $18 trillion in excess liquidity, the opinion of Moodys is even more irrelevant), but for Beijing the vendetta is only just starting, and in response to […]

The Trump Collapse Scapegoat Narrative Has Now Been Launched

Authored by Brandon Smith via Alt-Market.com, Last week was a rather crazy one for the news feeds, with cyber attacks and “Comey memos” and a host of other wild mayhem, it may have been difficult for many people to keep track of it all. That said, there was one event that I think went partly […]

The 5 Possible Outcomes Of The OPEC Meeting

Authored by Nick Cunningham via OilPrice.com, The highly-anticipated OPEC meeting is taking place this week, but unlike the last few meetings, the hype and excitement is much less palpable. That is largely because the end result is thought to be a foregone conclusion. Last week, Saudi Arabia and Russia telegraphed the events of the May […]

Fragile Markets? US Equity Futures Flash-Smash… For No Good Reason

First VIX dumped-n-pumped this morning, then Russell 2000 (ETF and Futures) flash-crash at lunch time, and now, amid heavy volume, someone decided it was the perfect time to panic-buy S&P, Dow, and Nasdaq futures…   Very heavy volume for early asia trading…   Some contest to Russell 2000's and VIX's earlier flash crash…   As […]

Gold and Silver Bullion Now Treated As Money In Arizona

Gold and Silver Bullion Now Treated As Money In Arizona by Ron Paul Liberty Report staff Undermining the Federal Reserve received a major boost yesterday. Arizona Governor Doug Ducey signed into law a bill that eliminates capital gains taxes on gold and silver, thus allowing Arizona residents to use precious metals as currency instead of […]

Frontrunning: May 24

Trump Meets With Pope Francis After Policy Clashes (WSJ) Fed Minutes to Offer Clues on Debate Over Path of Rate Increases (WSJ) Manchester bomber had ‘proven’ links to Islamic State (Reuters) U.K. Chides U.S. for Leaking Manchester Bombing Probe Details (BBG) Manchester Bomber, Salman Abedi, Is Thought to Have Traveled to Syria (NYT) ‘No defeat, […]

Legendary Investor Asher Edelman Says “I Have No Doubt” PPT Behind Market Rally

Legendary vulture investor Asher Edelman, the 1980s model for Gordon Gekko, strayed into what must’ve been uncomfortable territory for CNBC during an appearance on “Smart Money” when he discussed his view that the government’s “plunge protection team” is the only thing propping up the current market rally, and said he suspects that it has again […]

Here Are The 66 Programs That Trump’s Budget Eliminates

President Trump's fiscal 2018 budget proposal would completely eliminate 66 federal programs, for a savings of $26.7 billion.  As The Hill reports, some of the programs would receive funding for 2018 as part of a phasing-out plan. Here are the programs the administration wants on the chopping block… Agriculture Department — $855 million McGovern-Dole International […]