Silver as an investment

Category Archives: Private Jet

General Electric Plunges 5% After Slashing Earnings Guidance

While it may not have slashed its dividend, yet, General Electric shares plunged 5% in the pre-market after the company cut its 2017 profit forecast while its new CEO grapples with one of the deepest slumps in the iconic US manufacturer’s history. The company reported that adjusted earnings this year are expected to be only […]

Japan Sees Surge In Gold Smuggling As Yakuza & Wealthy Chinese Team Up

In a story that was seemingly tailor-made for the tabloids, Japanese news agency Nikkei is reporting that, in an unusual but tantalizing example of financial symbiosis, wealthy Chinese investors are teaming up with Yakuza gangsters to smuggle gold into Japan. The payoff for each side is simple: Chinese investors, who are increasingly fearful that a […]

Federal Indictment Alleges Chrysler And UAW Execs Stole Millions From Employee Training Programs

For any UAW employees out there who still think their union is anything more than a ponzi scheme designed to effectively tax membership while enriching a few ‘bosses’ at the top of the pyramid, you should probably take note of a federal indictment that was filed late last week alleging that Chrysler executives conspired with […]

You Know It’s Bad When… Prices For Used Jets Are Cratering

America’s wealthiest individuals are thriving thanks to an imbalance in wealth accumulation that favors the already asset-rich. But even though the number of millionaires and billionaires living in the US has been climbing, and is on track to increase by nearly 700,000 a year between now and 2021 – so long as the market avoids […]

“We’re Taking Matters Into Our Own Hands”: de Blasio Signs Executive Order Committing NYC To Paris Agreement

The symbolic resistance against Trump’s climate agenda took another step on Friday evening, when New York City Mayor Bill de Blasio signed an executive order reaffirming the city’s commitment to the Paris climate change agreement despite, or rather due to, Trump withdrawing the U.S. from the agreement. We’re taking matters into our own hands. pic.twitter.com/F3zHYHVBFR […]

Flying Is About To Get Even More Miserable…Well, At Least For Poor People

At a time when you would think the airlines would be a little more image conscious, you know because of that whole beating customers and dragging them off the plane thing that United did, they’re apparently doubling down on efforts to make “Flying The Friendly Skies” the most miserable experience ever.   After years of […]

Private Equity Sets Its Sites On A New Funding Victim: Mom-And-Pop 401(k)s

After laying ruin to the defined-benefit pension plans of public and private employees over the past several decades, Wall Street has its sites set on its next victim: mom-and-pop 401(k)s.  Sure, because as our recent headlines confirm, wall street money managers have worked wonders for public/private pension funds: Are Collapsing Pensions “About To Bring Hell […]

An American Living In Norway Explains Why He Voted For Trump

Submitted by a reader of Zero Hedge, living in Norway, who wishes to remain anonymous President Trump: :An American Perspective from Living in Norway, by Anonymous Background – Moving and Living in Norway. According to Hillary, I am a “deplorable.” I would like to share my story how this came about and what this election […]

One Giant Powder Keg… And The Fuse Is Already Lit

Submitted by Nick Giambruno via InternationalMan.com, Their mission was to capture—or more likely—kill. Dozens of renegade commandos in three Blackhawk helicopters swooped in on the holiday residence of the president. Immediately, they engaged in a fierce gun battle with the president’s bodyguards and killed a number of them. Tourists in a nearby five-star resort fled […]

Hillary’s Fees: $2,700 For A Question From A Child; $10,000 For A Family Photo

Yesterday we pointed out something troubling: while Hillary Clinton has now gone 274 days without giving a press conference (even as her campaign spokesman Brian Fallon eagerly vowed that “if elected Hillary Clinton will hold press conferences”) she has been all too eager to answer questions from donors at exclusive (and expensive) fundraisers. Like, for […]