Silver as an investment

Category Archives: Economy of the United States

America’s March To Default

Authored by MN Gordon via Acting-Man.com, Style Over Substance “May you live in interesting times,” says the ancient Chinese curse.  No doubt about it, we live in interesting times.  Hardly a day goes by that we’re not aghast and astounded by a series of grotesque caricatures of the world as at devolves towards vulgarity. Just […]

Eric Mindich’s $12 Billion Eton Park Is Returning Capital To Investors: Here Are His Biggest Holdings

Once upon a time Eric Mindich was best known for being the Goldman “wunderkind” – the youngest-ever Goldman partner, who parlayed his reputation into the 2004 launch of his hedge fund Eton Park. Unfortunately for Mindich, after over a decade of running other people’s money, the hedge fund apocalypse caught up with the ex-youngest partner, […]

Banks, Bonds, & Bullion Bid As Healthcare Hope Trumps Terror Attack Turmoil

Gartman did it again – as we warned pre-open –   Which means one thing: both Goldman and Gartman are now short stocks, and expecting further selling – perhaps just the catalyst bulls were waiting for to step in and BTFD…        The machines were working over time to keep stocks up today […]

MUZZLED: Breitbart WH Correspondent Ordered Not To Ask Televised Question Discrediting DNC Russian Hacking Story

On Monday, Breitbart investigative reporter and White House correspondent Lee Stranahan published a huge story on Breitbart.com, the facts of which should unravel the entire foundation for the Russian election hacking narrative. Stranahan based his report on increasingly discredited evidence, as well as a tweet made by President Trump on March 5th regarding the hacked DNC server: What about all of […]

Dollar Drops Most In 2 Years – Unchanged Since March 2015

Since The Fed's 'dovish' rate hike last week, the dollar index has been tumbling. Today's drop takes the greenback to its weakest since Nov 10th – almost erasing the entire post-Trump gain. This is the 5th down day in a row for the Bloomberg Dollar Index   This is the biggest 5-day decline since March […]

NYSE Red Alert: Equities Trading Currently Unavailable

Shortly after the day-session closed, NYSE Arca reported a complete cessation of trading… Has anyone seen Vladimir Putin today? Source: NYSE

The Long Run Economics Of Debt Based Stimulus

Authored by MN Gordon via Acting-Man.com, Onward vs. Upward Something both unwanted and unexpected has tormented western economies in the 21st century.  Gross domestic product (GDP) has moderated onward while government debt has spiked upward.  Orthodox economists continue to be flummoxed by what has transpired.   What happened to the miracle? The Keynesian wet dream […]

Why Is Goldman On A Buying Spree For Delinquent Mortgages

Last year Goldman Sachs entered into a settlement with federal and state governments over its role in packaging and selling toxic mortgage-backed securities in the housing meltdown to unsuspecting buyers while subsequently turning around and shorting those very same securities.  As part of the settlement, Goldman agreed to provide $1.8 billion in homeowner debt relief […]

A Burgeoning Growth Engine for Costco: Wanton Alcoholism

Costco has to be the single best retail business in the world. A new Costco just opened in area and I signed up for their ‘executive’ membership card, which is something that I feel wholly ridiculous — but I did so nevertheless. In order to attain the privilege of shopping there, customers must pay an […]

See Where Immigrants Out-Earn US-Born Citizens

America is a nation built by (legal) immigrants, and on the premise that anyone can make it to the top. While that may be true, most new arrivals find themselves starting at the bottom of the pile. As HowMuch.net details, right across the country, households headed by persons born outside the U.S. earn less than […]