Silver as an investment

Category Archives: finance

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 […]

Buckle Up, the Bank of Japan Has Blown Up the Markets (Again)

If you have been long US stocks since Election night, you have been a Yen bear and nothing else. Last September the Bank of Japan announced a new policy of targeting a 0% yield on its 10-Year Japanese Government Bonds. Many in the investment community took this to represent a “tightening” of policy. It was […]

Howard Marks Redux: “There They Go Again” – Why Stock Investors Develop Amnesia

Authored by Johnny Hopkins via The Aquirer's Multiple blog, One of our favorite investors at The Acquirer’s Multiple – Stock Screener is Howard Marks. Howard Marks is Chairman and Co-Founder of Oaktree Capital Management, the world’s biggest distressed-debt investor. He’s known in the investment community for his “Oaktree memos” to clients which detail investment strategies […]

New Hedge Fund Fee Structures Reveal Traditional Model On Verge Of Collapse

Nearly a decade ago, Warren Buffett bet Protege Partners, a fund of hedge funds, that over the course of 10 years the S&P would outperform Protege’s returns net of all fees, costs and expenses.  To make it real, the loser agreed to pay $1 million to the charity of the winner’s choice.   At this […]

Chris Martenson: “Why This Market Needs To Crash (And Likely Will)”

Authored by Chris Martenson via PeakProsperity.com, Like an old vinyl record with a well-worn groove, the needle skipping merrily back to the same track over and over again, we repeat: Today's markets are dangerously overpriced. Being market fundamentalists who don’t believe it’s possible to simply print prosperity out of thin air, we’ve been deeply skeptical […]

US Debt of $20 Trillion Visualized In Stacks Of Physical Cash

The faith and value of the US Dollar rests on the Government’s ability to repay its debt. $20,000,000,000,000 is a number so large that it is beyond comprehension for most. And so here it is stacks of dollar bills… Just remember “the money in the video has already been spent.”

Biggest US Equity Outflows Since Brexit; US Banks Hit The Hardest

The latest evidence that rumors of Trumpflation trade’s death are not greatly exagerated came overnight from Bank of America which reported that based equity funds saw net outflows of $8.9 billion, the largest in 38 weeks. The most impacted sector was, not surprisingly, banks – the biggest beneficiary of the post-Trump election victory rally, which […]

SNB Spent $68 Billion On Currency Manipulation In 2016

While Donald Trump has repeatedly expressed his displeasure with China for manipulating its currency, he appears to have recently figured out that over the past 2 years Beijing has been spending hundreds of billions in dollar to strengthen, not weaken, the Yuan and to halt the ~$1 trillion in capital flight from China. But while […]

Death & Taxes… And Debt

Nothing in this world is certain, except death and taxes… and $62,000 debt. According to December 2016 data provided to Credit.com by credit bureau Experian, 73% of consumers had outstanding debt when they were reported as dead. Those consumers carried an average total balance of $61,554, including mortgage debt. Without home loans, the average balance […]

The American Dream: An Endangered Ethos

Authored by Danielle DiMartino Booth via MoneyStrong.com, Few words are slipperier than ‘ethos’ to grasp. Even the best translation of the word – essence – is hard to get your arms around. Perhaps that is why so many of us were blissfully unaware until recently that the very essence of the American Dream was slipping through […]