Role Reversal: Banks Are Getting Conned
I’m sure that, like me, you’ve received countless messages from someone offering an intriguing (often bizarre) story. Each story is slightly different – …
Read MoreI’m sure that, like me, you’ve received countless messages from someone offering an intriguing (often bizarre) story. Each story is slightly different – …
Read MoreConsider this imaginary setting: It is the first week of January, 2012, and you are sitting at a meeting of investors and Wall Street fund managers listening …
Read MoreTrain travel in the first half of the 1800's was relatively safe. There weren't that many miles of track laid yet, the trains didn't go very fast, and …
Read MoreGold and Silver prices are moving up strongly. Silver, as evidenced by the SLV ETF, is showing a lot of strength: Silver stocks are following closely. Silver …
Read MorePhoto by Donkeyhotey, licensed through Creative Commons Goldman admits to that its honesty and integrity is mere “puffery” (Judge insults George Orwell) …
Read MoreA historically significant development occurred in late July that flew under most people’s radar. IBM offered $1 billion of 10-year corporate bonds on …
Read MoreRemember the long months of “run-up” to the Facebook initial public offering? Some supposed “experts” were touting it as the next great success story …
Read MoreIn Part I, we highlighted Harry Houdini’s famous premise about magic – that an audience is always more impressed when a magician makes something disappear, …
Read MoreThe world famous magician, Harry Houdini, once said that people would always be more impressed when he made something disappear than when he made …
Read MoreBut my gut response was to eschew iron condors. Why? Look at this chart: The first thing I notice is that the volatility is in the absolute basement. …
Read More