I haven't been writing much about the stock market in the past few weeks, because nothing important has happened. Right now people are focusing on the short-term dip in stocks that has been taking place, but that dip...
The major gold stocks dominating their sector’s flagship GDX ETF have suffered chronic undervaluation over this past year. Traders simply haven’t been interested, starving gold stocks of the capital inflows necessary to normalize their prices with prevailing gold levels. ...
Taylor Swift and the end of the Hollywood writers strike – a tale of two media narratives
Taylor Swift cheers as...
Justice Department Charges Ex-IRS Consultant With Leaking Tax Information to News Organizationsby Paul KielProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox.The Justice Department announced...
David owns none of the securities mentioned
When Silicon Valley Bank and other banks failed earlier this year, the debate over the sustainability of fractional reserve banking resurfaced. Under fractional reserve banking, banks keep only a fraction of customers’ deposits in reserve. The difference is bank credit, such...
