Silver as an investment

Category Archives: Economy of the United States

The Lost Goldman Sachs 1985 Fixed Income Recruiting Video

Authord by Sarah Butcher via eFinancialCareers.com, In 1985, Goldman Sachs was still a partnership. The current partners owned around 80% of the firm, retired partners held the remainder. Lloyd Blankfein was a 31 year-old trader at J. Aron, the commodities house Goldman had purchased four years earlier. Run by John Weinberg, a former M&A banker, […]

Visualizing The Jeff Bezos Empire In One Giant Chart

With a fortune largely tied to his 78.9 million shares of Amazon, the net worth of Jeff Bezos continues to be on the rise. Just days ago, Amazon shares reached all-time highs after the company’s ambitious acquisition of Whole Foods. This puts Bezos just $4 billion away from displacing Bill Gates as the world’s number […]

Tesla’s Response To Amazon Foods: A Streaming Music Service

Not to be outdone by Jeff Bezos’ “out of the box thinking”, Elon Musk has turned the amplifier of fast money to ’11’… Car-maker, tech stock, solar company… and now music streaming service. Oh the genius of Elon Musk… “you just don’t get it” As ReCode reports, put this one in the “You can do […]

BLUMENTHAL THEORIZES: CONSPIRACY CHARGES POSSIBLE FOR TRUMP WHITE HOUSE

  Content originally published at iBankCoin.com Back in 1997, Harold J. Nicholson, a former employee for the CIA, was sentenced to 23 years in jail for conspiring with the Russian government. Tonight on Hardball, Sen. Blumenthal went off the deep end of his own conspiratorial bend — proclaiming that both Flynn, Kushner and others in […]

Millennials’ Savings Rate Climbs For First Time In A Decade

America’s beleaguered millennials received a rare gift on Tuesday: A scrap of good news. Even with the aggregate student debt burden eclipsing the $1 trillion mark, and wages pressures across the US economy remaining relatively subdued, a new survey from Bankrate.com claims that Americans’ savings habits are improving for the first time in a decade, […]

Flynn Probe Focusing On Former Business Partner

Special counsel Robert Mueller’s investigation into former National Security Adviser Mike Flynn's interactions with Turkish officials has expanded to include Flynn’s former business partner, Bijan Kian, Reuters reported Tuesday. However, the news agency said it's unclear whether Kian is suspected of criminal activity, or if investigators are just trying to understand the role he played […]

Netflix Now Has More Subscribers Than Cable

Despite going all-in on Adam Sandler content – a bizarre choice – Netflix has managed to continue growing its subscriber base, recently reaching a new milestone: It now has more paying customers than Comcast Corp., Charter Communications and all other US cable companies combined. As Forbes reports, Netflix now has 50.85 million subscribers, surpassing cable's […]

No Wonder the Washington Post Is Fawning Over the Intelligence Community

The Washington Post has been one of the two main establishment papers in the U.S. for a while. But it’s gotten ridiculously pro-intelligence community in the last couple of years, fawning over the intelligence agencies and quoting “anonymous sources” from the IC every single day. The Post is owned by Jeff Bezos, who runs Amazon.  […]

Trump Preparing Executive Order On Drug Prices; Spec Pharma Stocks Slide To One Month Lows

Specialty pharma stocks are dropping – again – on news that the Trump administration is preparing an executive order – again – targeting lower U.S. drug costs. Bloomberg reports that the order addressing the sensitive campaign issue could come within weeks and has been largely left out of Republican legislative efforts in Congress, until now. […]

Global Stocks Slide On Trump Probe Report, Fed Indigestion

Is it going to be another May 17, when US stocks tumbled as concerns of a Trump impeachment over obstruction of justice and impeachment surged ahead of Comey’s tetimony? Overnight, S&P500 futures accelerated their decline following yesterday’s WaPo report that Special Counsel Mueller has launched a probe into potential obstruction of justice by Trump… … […]