Silver as an investment

Category Archives: Wall Street Journal

To Avoid Liquidation Panic, HNA Assures Deutsche Shareholders It’s A “Long-Term Investor”

The notoriously acquisitive Chinese conglomerate HNA – which recently had a sharp falling out with Beijing resulting in a margin call "shocksave" – is facing a serious cash crunch in 2018 as nearly a quarter of its $100 billion in debt – a large chunk of which was accumulated during a multi-year buying spree that […]

Crazy Eyes is BACK!

From the Slope of Hope: I saw a headline on December 24 which put a damper on my Christmas Eve: Ummm – – so why on earth would this bug me? I don’t have a dog in this fight. If Theranos goes bankrupt, it doesn’t hurt or help me one bit. If they become the […]

Busted Billion-Dollar-Baby Fraud Finds Another Greater Fool – Softbank Lends Theranos $100 Million!

Japan’s Softbank Group is coming to the rescue of yet another embattled Silicon Valley “unicorn”. The Wall Street Journal reported Saturday that Fortress Capital, the publicly traded private-equity firm that agreed to sell itself to the Japanese conglomerate earlier this year, has extended a $100 million loan to Theranos, which is still facing multiple lawsuits […]

Saudi Government Wants $6 Billion For al-Waleed’s Freedom

In case you were wondering what the going-rate was for one of the world's richest men's freedom… it's $6 billion… in unencumbered cash (not Bitcoin). That is the price that Saudi authorities are demanding from Saudi Prince al-Waleed bin Talal to free him from detention. The 62-year-old prince was one of the dozens of royals, […]

How That $1.4 Trillion In Repatriated Cash Might Result In U.S. Job Losses, Not Gains

Moody’s estimates that there is roughly $1.4 trillion dollars belonging to U.S. corporations that has been building up in foreign bank accounts for years now to avoid the 35% corporate tax that would be levied on them if they were brought back to the U.S.  Of course, getting that $1.4 trillion back to the U.S. […]

Crypto Traders Spooked After Korean Exchange Files For Bankruptcy

A cryptocurrency exchange in South Korea collapsed on Tuesday after it suffered a second cyberattack in eight months and lost a large amount of its digital-currency reserves. This spooked Asian investors who sold Bitcoin (and other cryptos). As The Wall Street Journal reports, Yapian, the company that operates a Seoul-based exchange called Youbit, suspended digital-currency […]

Trump Releases Full National Security Strategy – Takes Aim At China, Russia In Defense Of Unipolar World Order

Update: The White House has released the Full National Security Strategy document: President Trump is due to speak at 1430ET. *  *  * As we detailed earlier, President Trump is expected to release the new National Security Strategy for the United States this afternoon. We discussed the potential drivers behing his reportedly aggressive stance yesterday, […]

“This Is A Historic Event”: GOP Leaders Say Tax Reform Will Pass By Week’s End

After weeks of frenzied closed-door haggling, Republicans appear to be on the cusp of what could be the greatest legislative achievement of the Trump administration: Passing the first comprehensive tax reform plan since 1986. And on Sunday, Republican leaders reiterated that they had cobbled together the votes to push the reconciled version of the GOP […]

The Year Of The Headless Liberal Chicken

Authored by CJ Hopkins via Counterpunch.org, According to the Chinese zodiac, 2017 has been the Year of the Rooster. Myself, I’ve decided to designate it the Year of the Headless Liberal Chicken. I don’t mean that to be insulting … or, all right, I guess I do, a little. But my heart goes out to […]