Silver as an investment

Category Archives: U.S. Securities and Exchange Commission

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 […]

As Bitcoin Surges To Record High, China Prepares Its Own Digital Currency

Submitted by Mike Shedlock via MishTalk.com, Bitcoin hit an all-time high over $1200 today. Traders are happy because the SEC is expected to rule on a Bitcoin ETF by March 11. Meanwhile, Bloomberg reports China Is Developing its Own Digital Currency.  After assembling a research team in 2014, the People’s Bank of China has done […]

John McCain Makes “Unusual” Secret Trip To Syria As Trump Prepares Plans To Defeat ISIS

In an unusual move for a sitting senator, John McCain (R-AZ) secretly traveled to northern Syria last weekend to speak with American military officials and Kurdish fighters at the forefront of the push to drive Islamic State out of their de facto capital of Raqqa.  The short visit came in the middle of a regional […]

Verizon Revises Yahoo Deal After Data Breaches, Cuts Purchase Price By $350 Million

While Verizon has decided not to back away from its high profile purchase of Yahoo, after the internet portal reported two massive data breaches following the deal announcement, the WSJ reports that The companies have agreed to revise the $4.83 billion deal, cutting as much as $350 million off the price and evenly splitting costs […]

Spot The Megamerger Leak, Kraft-Unilever Edition

As we detailed earlier, while the story was first leaked by the FT Alphaville blog, there was immediate speculation how widely this morning's megamerger was leaked first. Sure enough, volume of bullish Unilever options rallied in the past two days. As Bloomberg points out, on Unilever’s U.S. ticker, 10,909 calls traded on Feb. 15, the […]

Mary Jo White Seriously Misled The US Senate To Become SEC Chair

Submitted by Pam Martens and Russ Martens via WallStreetOnParade.com, Less than two weeks after Mary Jo White was nominated to become Chair of the Securities and Exchange Commission by President Barack Obama on January 24, 2013, White filed an ethics disclosure letter advising that she would “retire” from her position representing Wall Street banks at […]

Robert Harward Rejects Trump’s Offer To Become Next National Security Advisor

Update: With Bloomberg’s third report, it now appears confirmed that Harward is officially out: Robert Harward, a retired U.S. Navy vice admiral, turned down President Donald Trump’s offer to become national security adviser, officials said, just days after the resignation of Michael Flynn following revelations he misled administration officials over his contact with Russia.   […]

Global Stocks Rise, S&P Futures Make New Record Highs As “Trump Trade” Euphoria Returns

European and Asian stocks, S&P futures, bond yields, the dollar and commodity metals are rose, in some cases making new all time highs, lifted by the latest reemergence of the “Trump trades” as hopeful investors once again bet that the U.S. president’s tax reform plans will boost economic growth and corporate profits, despite another warning […]

Trump Concerned There Are Too Many “Goldman Guys” On His Team

Two days after democratic senators Elizabeth Warren and Tammy Baldwin sent a letter to Goldman CEO Lloyd Blankfein, asking if Goldman effectively runs the country through its extensive alumni links at the Trump administration, and requesting details on “lobbying” activities in the bank related to review of the Dodd-Frank Act and the Obama-era fiduciary rule […]

How The Obama Administration Quietly Bailed Out Private Equity Landlords At The Expense Of The Middle Class

Authored by Yves Smith, originally posted at NakedCapitalism.com, So how much did Blackstone promise to give to the Obama library for this huge grift, um, parting gift? As regular readers may recall, private equity firms piled into buying foreclosed single family homes on the belief that if the government (in this case, Fannie and Freddie) […]