Silver as an investment

Category Archives: U.S. Securities and Exchange Commission

After ‘Modest’ 250% S&P Returns, Corporate Pension Funding Levels Roughly Same As 2008

We spend a lot of time writing about public pensions because the aggregate underfunding levels, $3 – $5 trillion on the low end, are simply staggering and at some point they will be realized for the ponzi schemes that they are and the systemic risk they represent to the global financial system.  Until then we’ll […]

What Everyone Should Know About the New Quarantine Regulation

Via The Daily Bell Imagine men in bleach white bio suits with medical masks show up at your door. You are suspected of carrying a communicable disease. You will now be arrested and held without due process, indefinitely. The government could do this any day. They have the “authority”. They have the personnel. They have […]

Trump Defends Flynn: “He Should Ask For Immunity In This Media Witch Hunt”

When commenting on the statement issued by Mike Flynn’s lawyer Robert Kellner on Thursday night after the blockbuster WSJ report that Flynn was willing to testify “in exchange for immunity”, an allegation that was not explicitly confirmed in the lawyer letter, we said “judging by Kelner’s language, Flynn’s offer is not so much to “turn” […]

Up To 15% Of Twitter Accounts Are Fake, Study Finds

In January, when we exposed that up to 350,000 Twitter accounts could be fake, the social media world started to question its own reality. Now, a study from USC and Indiana University, that Twitter has roughly 48 million active bot accounts. That's 15% of reported active users that are not human at all… Earlier this […]

Bitcoin Soars Above $1300 For First Time Ahead Of SEC Decision

With the SEC decision to approve a Bitcoin ETF looming, the payrolls data-inspired weakness in the USD appears to have sparked a sudden panic bid in Bitcoin, spiking the virtual currency to $1305 – new record highs. Hard to say if someone ‘knows’ something about the SEC decision or this is a kneejerk to the […]

Tesla Admits It Still Hasn’t Completed A Model 3 Beta Prototype

With Tesla stock price down 15% in the last few weeks, amid a roaring market, it appears doubts about Elon Musk's omnipotence are creeping in once again… and rightly so. Despite the hype surrounding hundreds of thousands of pre-orders due to start production in H2 2017, buried deep within the company's most recent 10-K filing […]

Amazon Cloud Reporting “Increased Error Rates”, SEC.gov Possibly Impacted

A disturbance among several prominent websites has been tracked to services hosted by Amazon’s AWS, which while not reporting any explicit failures, has posted a notice on its service health dashboard, that it has identified “Increased Error Rates” and adds that “We’ve identified the issue as high error rates with S3 in US-EAST-1, which is […]

A Quarter Of Snap IPO Buyers Agree Not To Sell For One Year

For the latest glimpse of the euphoria in the equity market, look no further than the Snap(chat) IPO, whose order book closes at noon today and is expected to price tomorrow, March 1, after the close. While the initial price range was presented as $14-16, according to Bloomberg orders for the public offering are concentrating […]

Trump Nominee For Navy Secretary Withdraws

Another Trump nominee for a critical government role has decided to withdraw. After two prior Trump nominees,  Army Secretary choice Vincent Viola and Labor nominee Andy Puzder, both removed themselves from consideration for their appointed role in recent weeks citing insurmountable opposition or conflicts, moments ago financier Philip Bilden, a senior advisor at HarbourVest Asia […]

Significant Stock Market Narrative Development: There is a Westerly Trump Wind Underneath It

Both Obama and Bush couldn’t give two shits about the stock market. Bush was focused on colonizing the middle east and Obama was fixated on having mentally ill transgenders urinate in the ladies restroom — standing up. But now we have a shit-poster in chief, very vain and ideally focused on how the public perceives […]