Silver as an investment

Category Archives: Finance Committee

A Frustrated Bank Of America Asks “What Could Go Wrong?”: Here Is Its Answer

For the past 3 months, Bank of America strategist David Woo has been warning that the market is precariously unbalanced, and as a result the smallest shift away from being “priced to perfection”, or spike in volatility, could lead to a waterfall event. As we first reported back in July, Woo first warned that between […]

Hawaii Lawmakers Push To Re-Open Fallout Shelters Amid Nuclear War Fears

Hawaii lawmakers want state officials to update plans for coping with a nuclear attack as North Korea develops nuclear weapons and ballistic missiles that can reach the islands.   As AP reports, the state House Public Safety Committee unanimously passed a resolution Thursday (see below). Committee Vice Chairman Matt LoPresti says he's not trying to […]

Mnuchin Dashes Banker Hopes That Prop Trading Is Coming Back

What a difference a week makes. On January 23, Reuters reported that dialing back the Volcker Rule which limits banks’ ability to engage in speculative investments using their own balance sheet, has emerged a top priority for President Donald Trump’s nominee for U.S. Treasury secretary, Steve Mnuchin.  In written responses to questions posed by members […]