Silver as an investment

Category Archives: WorldCom

David Stockman Derides The Delirious Dozen Of 2017

Authored by David Stockman via Contra Corner blog, We have previously noted the massive market cap inflation and then stupendous collapse of the Delirious Dozen of 2000. The latter included Microsoft, Cisco, Dell, Intel, GE, Yahoo, AIG and Juniper Networks – plus four others which didn't survive (Lucent, WorldCom, Global Crossing and Nortel). Together they represented a classic blow-off […]

A Look Back At 1999!

Via, On Friday, I penned: “The question that must be answered is just how much of the benefit from these fiscal proposals have already been priced in perfection? What happens if tax reform is less than anticipated? Or infrastructure spending is cut from $1 Trillion to $500 billion? Or repatriation only brings back a […]

Weekend Reading: The Beginning Of The Ending

Submitted by Lance Roberts via, A few week’s ago I discussed the post-election surge in the market based on rather optimistic outlooks as opposed to the technical underpinnings that currently exists. As I specially stated in the weekend newsletter entitle “Dow 20,000” the market was beginning to take on an eerily similar feeling: “If this market […]

2016 Year In Review

Authored by Scott Kristoff via Avondale Asset Management, We started this year with the economy deteriorating and finished it with the second interest rate increase in ten years.  There were a lot of ups and downs along the way, but ultimately 2016 was defined by three key story-lines:  1) Brexit 2) The Presidential Election 3) Fed Policy. […]

It’s Beginning To Look A Lot Like… 1999!

Submitted by Lance Roberts via, Review & Dow 20,000 This past week, the market advanced 3% heading towards my target of 2400. The Dow broke above 19700 and is within striking distance of the “psychological” summit of 20,000. With just 250 points to go, it is extremely likely traders will try and push stocks to […]

ZeroHedge: Tesla Compared To Enron, Ponzi Scheme In Scathing New Research Report

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. While Tesla’s cars may or may not be the greatest thing since sliced bread, regular readers are well aware that our recurring complaint about the company is not about the quality of its product or its growth prospects as much […]

ZeroHedge: Obama Has Been At War Longer Than Any Other President In History

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Obama has a lot of firsts … For example, Obama: Has prosecuted more whistleblowers than all other presidents combined Sentenced whistleblowers to 31 times the jail time of all prior u.s. presidents combined Prosecuted fewer financial crimes than President Reagan, […]

ZeroHedge: Valeant Accuses Its Former CFO, Who Previously Ran Goldman’s Healthcare Group, Of Cooking The Books

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Back in October, we tried to “tie the Valeant roll-up together: Presenting The Goldman “Missing Link” in which we showed that Howard Schiller, Valeant’s CFO from December 2011 to June 2015, previously ran Goldman Sachs’ health-care practice until 2009, when […]

The Next Level of John Law Type Central Planning Madness

Submitted by Pater Tenebrarum via, Cries for Going Totally Crazy are Intensifying What are the basic requirements for becoming the chief economist of the IMF? Judging from what we have seen so far, the person concerned has to be a died-in-the-wool statist and fully agree with the (neo-) Keynesian faith, i.e., he or she […]

Tying The Valeant Roll-Up Together: Presenting The Goldman “Missing Link”

While the Valeant soap opera has had constant, heart-pounding drama for weeks and following yesterday’s report that it allegedly fabricated prescriptions, even an element of career-ending (and prison-time launching) criminality, so far one thing had been missing: an antagonist tied to Goldman Sachs. Thanks to a profile by Bloomberg, we are delighted to reveal the […]