Silver as an investment

Category Archives: Private Equity

Vulture Investors Swarm To Houston As Flooded Homes Sell For 40 Cents On The Dollar

      “The time to buy is when after there’s blood water in the streets.” As 1,000’s of families along the Texas shoreline continue to struggle with putting their lives back together following the apocalyptic landfall of Hurricane Harvey roughly 6 weeks ago, vulture investors are increasingly swooping in to exploit their misery with […]

Party Like Its July 2007: Corporate Bond Spreads Tumble To Ten Year Lows

The bond bubble is right back where it started. After a torrid three-week rally, high grade corporate bond spreads as measured by the BoA/ML Corporate Master Index OAS yesterday hit a fresh post-crisis tight level of 105bps, down from 105 bps on Tuesday and inside the low of 106bps from the summer of 2014. That’s […]

Kolanovic: “This Is What The Next Crisis Will Look Like”

There are two distinct parts to the latest, just released research note from JPM's quant "wizard" Marko Kolanovic. In the first part, the infamous predictor of market swoons takes on an unexpectedly cheerful demeanor, and explains why contrary to his recent market outlooks, near-term risks for a market selloff appear to have abated. First, he […]

Which Countries Created The Most Millionaires Last Year

Yesterday, in its latest triennial Survey of Consumer Finances, the Fed admitted what had been obvious to everyone else: Fed policies unleashed over the past decade have made the rich richer, even as the American middle class has continued to shrink. Then overnight, Capgemini released its latest World Wealth Report, which found more of the […]

Watch Live: President Trump Unveils His Already-Widely-Leaked Tax Plan

Moments from now President Trump is expected to the take the stage at the Indiana State Fair to ‘unveil’ a tax plan that was leaked by someone in or around his administration hours ago…which we suspect is somewhat more anticlimactic than he might have hoped.  In any event, earlier this morning we covered the details […]

Advice from the trader who made $1+ billion in 1929…

Via Soveriegnman.com [Editor’s note: This letter was co-written with Tim Price, co-founder of the VT Price Value portfolio and editor of Price Value International.] In the late spring of 1720, Sir Isaac Newton decided to sell his stocks. Newton had been an investor in the South Sea Company, a famous enterprise which effectively commanded a […]

Bill Blain: How To Catch Rabies In The Junk Bond Market

From Bill Blain of Mint Partners Blain’s Morning Porridge – How to catch rabies in the Junk Bond Market I’m sure everyone has been following the Toy R Us meltdown in the bond market. Alongside chapter 11 bankruptcy, its bonds have crashed from 96 to 18% through the month. Have we seen this before? Of […]

Government By Goldman

Authored by Gary Rivlin and Michael Hudson via The Intercept, in partnership with The Investigative Fund, Steve Bannon was in the room the day Donald Trump first fell for Gary Cohn. So were Reince Priebus, Jared Kushner, and Trump’s pick for secretary of Treasury, Steve Mnuchin. It was the end of November, three weeks after Trump’s […]

Did you see this unbelievable front page news?

Via The Daily Bell Sovereign Valley Farm, Chile A few weeks ago the Board of Trustees of Social Security sent a formal letter to the United States Senate and House of Representatives to issue a dire warning: Social Security is running out of money. Given that tens of millions of Americans depend on this public pension program […]

Here’s How Government Pension Funds Are Trying To Close Their $7 Trillion Funding Gap

Authored by Simon Black via SovereignMan.com, There may perhaps be no other group of investors that’s more DESPERATE today than pension funds. Pensions, of course, are the giant funds responsible for paying out retirement benefits to workers. The idea is that both the employer and the employee typically contribute a set percentage of the employee’s […]