Silver as an investment

Category Archives: fixed

The Greater Depression

The Greater Depression By Cognitive Dissonance https://www.patreon.com/CognitiveDissonance http://twoicefloes.com/     Once or twice a month Mrs. Cog and I pack up the car and head to Winston-Salem, North Carolina. For us poor mountain folk, that’s the big city and the best destination when our need for certain items calls for visiting particular stores. Each trip […]

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, […]

Exposing Our Lawless Central Bank

Authored by Ryan McMaken via The Mises Institute, The economic arguments against central banks are numerous to say the least. Through the writings of Ludwig von Mises and Murray Rothbard we have a wide variety of critiques that explain the many ways the central banks distort economies, cause booms and busts, punish savers, and chose […]

“The Medical System As We Know Is Going To Blow Up… And Soon”

Authored by Howard Kunstler via Kunstler.com, Think of the ObamaCare reform debate now playing in the US Senate as the final gurglings of polity that knows it is whirling around the drain. They’re pretending to attempt to fix a racket that comprises eight percent of the American economy. Yikes! How did that happen? At the […]

Nomura Demands $134,000 For Premium Research

Just this morning we reported that as the global equity research market wrestles with how it will comply with the EU’s MiFID II regulations, in a new study McKinsey said that banks will have no choice but to fire a ton of equity research analysts who write a bunch of stuff that no one ever […]

Saudis In A Tight Corner — The Princes Make Clever Moves & Mistakes, Too

Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke. The fanfare surrounding President Trump’s visit to Saudi Arabia failed to lift the shroud off the very tight corner that the Kingdom was in. It is a corner that some of the Princes realize they have allowed themselves to be […]

SkyNet is Sentient and Will Destroy Your Investments and Pension

SkyNet is Sentient and Will Destroy Your Investments and Pension By Cognitive Dissonance     Do you really want to know about how SkyNet controls your investments and pension via the various financial markets? I ask with all sincerity because the subject is not pleasant and may even be frightening to those who have followed […]

Reddit to Raise Capital, Valuing Company at $1.7 Billion or 85 Times Sales

  Content originally published at iBankCoin.com Bloomberg is reporting that Reddit was seeking to raise $150m in new funds, placing the company’s valuation at a staggering $1.7b. This sounds like a fucking bargain, especially when considering the immense traffic on the site — which is now ranked #4 in America and #8 worldwide. However, according […]

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… … […]

“FOMC Drift” In Full Effect As Global Stocks Rise; S&P Futures Hit New Record; Oil Slides

With last Friday’s “tech wreck” now a distant memory, this morning the “FOMC Drift” described yesterday, which “guarantees” higher stock prices and a lower dollar heading into the Fed announcement is in full effect, with European and Asian stocks rising for a second day, led by rebounding tech shares, while S&P futures are modestly in […]