Silver as an investment

Category Archives: CAPTCHA

“Long Bitcoin” Is The Most Crowded Trade On Wall Street… Again

.. at least according to BofA’s latest, just released December monthly Fund Managers Survey, in which 172 participants with $480bn in AUM responded to dozens of questions, among which “what do you think is the most crowded trade.” Back in September, as we reported at the time, for the first time ever the top answer […]

Watch Live: May And Juncker Make Joint Statement, But “No Deal Today”

With the Irish border issue reportedly resolved, and the Brexit process suddenly progressing unexpectedly smoothly, Theresa May and Jean-Claude Juncker are set to make a joint statement momentarily, however for those expecting a formal announcement of a deal, don’t hold your breath because as a BBC correspondent just announced: NO DEAL TODAY FROM BREXIT TALKS: […]

Gartman: “We Are Going To See Tax Legislation Pass Either Tonight Or Tomorrow”

In a dramatic showdown on the Senate floor on Thursday afternoon, the Senate tax bill came this close to being killed by deficit hawks, and in the resulting chaotic aftermath, votes and debates which were scheduled for Thursday evening have now been pushed back to Friday morning. Who could have possibly foreseen it? Well, anyone […]

Campus Newspaper Editorial: “Your [White] DNA Is An Abomination”

Authored by Lauren Cooley via The Washington Examiner, A new opinion piece in a Texas State University student newspaper tells white students, “Your DNA is an Abomination.” “When I think of all the white people I have ever encountered – whether they’ve been professors, peers, lovers, friend, police officers, et cetera – there is perhaps […]

Weekend Humor: A Millennial Job Interview

Presented with little comment… “For stuff like that, I’ll just ask Siri… who gets up at 8?” A Millennial job interview from @TheDanielBrea on Vimeo.

Watch Live: Janet Yellen And Mervyn King At NYU

The NYU Stern school of business is hosting the latest installment of the “In Conversation with Mervyn King” series featuring outgoing Fed chair, ?Janet Yellen, who in just over two months, will depart the Fed, making way for her replacement, former Carlyle partner Jay Powell. While her speech is not expected to provide any market-moving […]

Michael Lewis Reveals His New “Big Short”

When the award-winning author of “The Big Short,” “The Blind Side” and “Moneyball,” stopped by Yahoo Finance yesterday to discuss his latest book, “The Undoing Project,” he was predictably asked for his next “Big Short” idea.  And, after downplaying the value of his opinion, and those of everyone else for that matter, Lewis offered up […]

October Payrolls, Average Hourly Earnings Miss Big Despite Strong Upward Revisions

Well, with virtually everyone expecting a 300K+ payrolls number after last month’s negative hurricane-distorted print, and with whispers of a 400K print floating around, it only made sense that not only would payrolls disppoint, printing at 261K, one standard deviation below the 310K consensus estimate (and that even with a whopping 89,000 waiters and bartenders […]

Bid To Cover Tumbles In Ugly, Tailing 7 Year Auction

After two mediocre, tailing auctions, moments ago the Treasury sold $28 billion in 7 year paper in this week’s final bond issuance and it was the ugliest of all. Stopping at a high yield of 2.28%, this was a tail of 0.8bps – the first since July – to the 2.272% When Issued and the […]

MSNBC Catches Illegals Jumping Border Fence With Mexico As It Reports On Trump’s Wall

In an delightfully ironic lesson why border protection is important for the US, an MSNBC crew was reporting on the prototypes of Trump’s proposed border wall near San Diego, when the interview was interrupted by a group of “migrants not from Mexico” hopping over the existing fence. “What happened?” the MSNBC reporter shouts as a […]