Silver as an investment

Category Archives: Lazard

How Did Toys “R” Us Implode So Fast? The CEO Explains

Reviewing first day motions from a company’s chapter 11 docket, and more specifically the CEO’s declaration, can be a great way to learn exactly what happened in the days/weeks leading up to a bankruptcy filing.  The company spends millions of dollars every month on expensive lawyers (Kirkland & Ellis in the case of Toys “R” […]

2016 Year In Review

Authored by Scott Kristoff via Avondale Asset Management, We started this year with the economy deteriorating and finished it with the second interest rate increase in ten years.  There were a lot of ups and downs along the way, but ultimately 2016 was defined by three key story-lines:  1) Brexit 2) The Presidential Election 3) Fed Policy. […]

Mozambique Bonds Crash On Plans To Restructure After Government Admits Nation In “Debt Distress”

With over-subscribed new issuance the new normal in this 'reach for any yield' world, perhaps the rapid demise of Mozambique will remind some greater fools that 'high' yields are high for a reason. As we warned 4 months ago, Mozambique has a broad swath of problems within its governing councils.  Back in December of 2005, […]

Tesla, SolarCity Merge In $2.6 Billion Transaction

Concluding a transaction that surprised the world when it was announced one month ago, and which we hope the regulators are poring over as a result of a myriad of “related party transactions” and shared top shareholders… … moments ago SolarCity (whose stock is currently halted) announced that Tesla and SolarCity would combine in all-stock […]

ZeroHedge: “It’s Only A Matter Of Time Before Many Of Them Blow Up” – The Default Cycle Has Begun

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. It's been a tough year for traders and bankers alike, as layoffs have gripped firms due to difficult trading environments and an overall sluggish economy. However, there is one area that is starting to actually pick up. As the number […]

ZeroHedge: The Bilderberg 2016 Agenda: Trump, Riots, Migrants, Brexit

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Every year, the world’s richest and most powerful business executives, bankers, media heads and politicians sit down in some luxurious and heavily guarded venue, and discuss how to shape the world in a way that maximizes profits for all involved, […]

ZeroHedge: Futures Flat Ahead Of Strike-Impacted Jobs Report; Commodities Approach Bull Market

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. After yesterday’s two key events, the ECB and OPEC meetings, ended up being major duds, the market is looking at the week’s final and perhaps most important event of the week: the May payrolls report to generate some upward volatility […]

ZeroHedge: Frontrunning: May 26

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Wall Street Crime: 7 Years, 156 Cases and Few Convictions (WSJ) Japan’s Abe points to 2008 crisis as G7 leaders debate global risk (Reuters) Brent Crude Rises Above $50 a Barrel (WSJ) New York financial regulator gearing up to probe […]

ZeroHedge: With The Lowest Volume Since Q1 2014, The Global M&A Boom May Be Over

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Global M&A fell off a cliff in Q1, with volume levels not seen since Q1 2014. Dollar volume was down 49.2 percent sequentially, and 13.8 percent on a YoY basis.   According to Goldman Sachs, economic uncertainty, higher levels of […]

ZeroHedge: Frontrunning: February 11

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Gold Roars to One-Year High as Turmoil Drives Safe Haven Demand (BBG) Banking Stocks Pummeled in Europe (WSJ) Dollar, stocks plunge sparks scramble for safety (Reuters) Nymex Crude Slips Below $27 a Barrel (WSJ) No Respite for S&P 500 as […]