Silver as an investment

Category Archives: Crimson

Condo Flippers In Miami-Dade Left Twisting In The Wind

By Wolf Richter of Wolf Street Ballooning Condo Glut ensnares preconstruction speculators. Miami-Dade’s spectacular condo flipping mania is in turmoil, with sales plunging, inventory-for-sale soaring, and new supply flooding the market. It’s not like Miami hasn’t been through this before. In February, existing home sales of all types fell 10% year-over-year, to 1,835 homes. These […]

PwC Apologizes For “Historic, Colossal, Ludicrous” Oscar Screw-up

For those who missed last night’s ritual of Hollywood self-congratulation, it ended in perhaps the greatest humiliation in Oscars’ history, when the spectacle that relentlessly mocked and ridiculed Donald Trump, both directly and indirectly, concluded by handing the Best Picture award to the wrong movie. The award was given to Moonlight after presenters Warren Beatty […]

How You Got Screwed – A User’s Guide To A Rigged System

Does this describe you? You’re carrying huge amounts of college debt. You’re an adult still living with your parents because you can’t afford to move out. You’re not able to find a job that pays a livable amount of money. You want to get married, but you can’t afford it. Prices keep going up, but […]

California’s Record-Breaking Heat & Drought “Is Only The Beginning”

The California heat of the past 12 months is like nothing ever seen in records going back to 1895, notes Bloomberg's Tom Randall, and with the already record-low snowpack starting its melt early, "we aren't nearing the end of California's climate troubles. We're nearing the beginning." What's happening in California right now is shattering modern […]

ZeroHedge: Doctors “Hit Breaking-Point” As Ebola Death Toll Tops 4500; Nigeria ‘Clear’ But Harvard Issues Travel Ban

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. The WHO is coming under increasing scrutiny over its response to the the deadly epidemic. As The BBC reports, after stating that the death toll has hit 4,555 worldwide, a leaked internal document shows “nearly everyone involved in the outbreak […]

ZeroHedge: Harvard Supercomputer “Abused” To Mine Dogecoin

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Harvard’s Research Computing department’s 14,000-core supercomputer “Odyssey” has been moonlighting as a virtual currency miner. As The Register reports, a Harvard student has had their access credentials revoked after the discovery that the Odyssey cluster had been scheduled for use […]

ZeroHedge: Guest Post: Adaptive Investing – What’s Your Market DNA?

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Submitted by W. Ben Hunt via Epsilon Theory blog,   It is not the strongest or the most intelligent who will survive but those who can best manage change. – Charles Darwin We think we know that chimpanzees are higher […]

ZeroHedge: 84% Of US Adults Don’t Use Twitter, Only 4% Of Americans Over 30 Get Their News From Twitter, Pew Study Finds

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. When it comes to Twitter, there seems to be a discrepancy in the publicly available user data. Recall that according to the company’s S-1 filing, Twitter’s US monthly user base has risen from 10 million in 2010 to just shy […]

ZeroHedge: India ‘Pumped’ On Intervention Speculation; Everyone Else ‘Dumped’

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Equity markets across AsiaPac are once again a sea of crimson with India and Indonesia taking front of stage… but in divergent ways for a change. After slamming lower to new record lows (not surprising given the forwards weakness all […]

ZeroHedge: Average Harvard Graduate Will Make $60,000 In Their First Job, And Other Crimson Trivia

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. While the annual Harvard senior survey of graduating students always provides an informative glimpse into the past, present and future of graduates from the US’ most prestigious (whether or not this is deserved is a different question) institution, the topics […]