Silver as an investment

Category Archives: Tax Withholding

Oil Fireworks Unsettle Global Markets Ahead Of Payrolls Report

With all eyes on crude, following last night’s mini flash crash which sent WTI lower by 3% from just above $45 to under $43 in under 10 minutes, equity markets, generally quiet overnight, have taken on a secondary importance ahead of today’s key risk event, the April payrolls report (full preview here). In global equities, […]

Why You Should Hate Uber, According to the New York Times

Via The Daily Bell Uber is psychologically manipulating their drivers in order to exploit them. I know this because a New York Times article told me so. The article is titled, How Uber Uses Psychological Tricks to Push Its Drivers’ Buttons, and starts, “The secretive ride-hailing giant Uber rarely discusses internal matters in public.” From this alone, I can […]

Ahead Of Tomorrow’s Jobs Number, A Big Red Flag: Tax Withholdings Slump

From NIck Colas of Convergex Rubber Duckies and the Jobs Number Given the volatility of recent U.S. labor market data, markets will pay special attention to Friday’s Employment Situation report. Current expectations are for 175-180,000 jobs added, somewhat better than the 3 month average of 140,000. Wage growth will be the other statistic of note, […]

ZeroHedge: How Is This Not Criminal: Goldman Underwrites $2 Billion Tesla Stock Offering Hours After Upgrading Stock To A Buy

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Call it criminal deja vu, all over again. Back in February 2014, just hours after Morgan Stanley shocked the market with an upgrade of Tesla which had a price target over 100% higher than the existing price, we reported that […]

ZeroHedge: How Wall Street’s Biggest Permabull Became Its Go To Permabear

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Two years ago, there was nobody more bullish, or more apologetic of the poorly performing US economy than Deutsche Bank’s chief US economist, Joe Lavorgna. Case in point: his Q1 2014 “explanations” why every negative print or consensus miss was […]

ZeroHedge: Tax Refund Tumble Tells Tale Of Tumultuous Recovery

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. As we detailed previously, the growth of federal income and employment tax withholdings, the broadest and most timely read on the health of the job market "has been sinking at an alarming rate." What is worse, as ConvergEx's Nick Colas […]

ZeroHedge: Financial Time Bombs Hiding In Plain Sight

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Submitted by David Stockman via Contra Corner blog, The bear will soon be arriving in earnest, marauding through the canyons of Wall Street while red in tooth and claw. Our monetary central planners, of course, will once again – for the third time this century – be utterly shocked […]

ZeroHedge: “Billions Lost”

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Submitted by Lance Roberts via RealInvestmentAdvice.com, Companies Lose Billions On Stock Buybacks I recently wrote an article about why “Benchmarking Your Portfolio Is A Losing Bet.” In that missive, I discussed all the things that benefit a mathematically calculated index […]

The Financial Attack On Greece: Where Do We Go From Here?

Submitted by Michael Hudson via CounterPunch, The major financial problem tearing economies apart over the past century has stemmed more from official inter-governmental debt than with private-sector debt. That is why the global economy today faces a similar breakdown to the Depression years of 1929-31, when it became apparent that the volume of official inter-government […]

ZeroHedge: Goldman Expects “Solid” Payrolls Due To “Long Awaited Full Normalization Of Weather Effect”

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Here is what Bloomberg’ survey sees as consensus for tomorrow’s key data: Nonfarm payrolls: +218,000 Private payrolls: +215,000 Unemployment Rate: 6.6% Avg Hourly Earnings: 0.2% MoM, 2.1% YoY Avg Weekly Hours: 34.5   Weather is the biggest factor, as Goldman […]