Reggie Middleton's blog
As innovation ouptaces regulation, a few pointers on how to manage risk in the search for funding and revenue
Easy come (print), easy go! A trillion here... a trillion there... Sooner or later we're talking some real money!
Death by a thousand cuts now has a venture capital version. Observe as I walk through FinTech startups literally disassemblet the almighty money center bank.
Just as very few realize the dollar and the euro are digital currencies, very few realize that those dollars and euros that they own quite possibly being hacked right now. Here's how easy it is to do so...
A Full Analysis and Step-by-Step Guide for EU Area Residents To Aid In Escaping the Upcoming Bank Bail-ins & Capital ControlsSubmitted by Reggie Middleton on 04/18/2015 12:21 -0400
This may take you the entire weekend to digest, but if you are an unsecured creditor/lender (have a checking, savings or demand deposit account) to a euro zone bank, I would consider it your fiduciary responsibility to yourself to sit down and parse this piece with care and aplomb!
One Day After Recommending the Veritaseum Leveraged Macro Trade Against Goldman's Earnings, 50% Profit!Submitted by Reggie Middleton on 04/17/2015 16:04 -0400
Good thing Goldman didn't take me upon that leveraged macro trade yesterday. The GS short leg was up ~50% as I type this post. More concerning than my catching their increase in risk/leverage is the method in which I did the trade. Broker-dealers are no longer needed, and Goldman is a broker-dealer.
2010 Contrarian Prediction of the Disastrous Consequences of ZIRP & Free Money Policy In the Banking System, Year 5Submitted by Reggie Middleton on 04/17/2015 10:41 -0400
In 2010, contrary to nearly every pundit, analyst and economist popularly published, I proclaimed ZIRP would starve the banks. Fast forward 5 years and banks are looking famished and things are getting worse 'casue more bailouts are coming before we finish ending the last bailout program (ZIRP) - The Federal Reserve has decided to let U.S. banks make limited use of municipal bonds to meet liquidity requirements
Surprise! Surprise! Five years ago I said the only way Goldman would ever break $200 again was to ratchet up risk. Guess who broke $200 this morning. Better yet, guess how they did it! Every financial rag and business blog should read this BEFORE writing another word about GS blowout earnings!
"Fu$k the Fundamentals!": Negative Rates In EU Will Absolutely Wreck the Very System the ECB Sought to SaveSubmitted by Reggie Middleton on 04/14/2015 12:09 -0400
The dude that called the Pan-European Sovereign Debt Crisis in 2010 is making it clear that the ECB is playing with fire, but will never admit it's getting burned.
Collateralizing and Ensuring Physical Delivery of Gold Through the Blockchain - Faster, Cheaper, Safer!Submitted by Reggie Middleton on 04/10/2015 13:50 -0400
With nearly $1B invested in blockchain related startups even the luddites are taking notice, but most still have no idea what this tech is capable of. Here's a shocker for the Gold crowd!
Breaking the Definintion of Money and Inhibiting Seigniorage (Money Printing) with Asset Backed BitcoinSubmitted by Reggie Middleton on 04/03/2015 13:01 -0400
Taking the gold-backed dollar into the next millenium and imbuing it with all of the attributes of the Bitcoin blockchain.
The $665 Million Evolution in a Space Nobody Respected a Year Ago - Already Outpacing the Internet Circa 1994
Past: Scarily Prescient Analysis of @Grexit meets Present: Analysis of the Goldman Hedge meets Future: Goldman DisintermediationSubmitted by Reggie Middleton on 02/20/2015 16:12 -0400
A literal Tour de Force, likely the most indepth, practical analysis of the Grexit situation as you will ever read. This is why I like blogging... You can never find stuff like this in the mainstream media.
Here's a plan where the drachma will be more desirable than the euro after Greece defaults on anything euro denominated and backs its redeemable drachma with fractional gold. Upon default euros drop, drachma pops!
When Everybody Thinks They're Right, They're Almost Guaranteed to be Wrong! I Think This Is The Biggest Bubble In World HistorySubmitted by Reggie Middleton on 02/19/2015 10:31 -0400
But guess what? It's really, really, really different this time! In this one short post, there's more than enough indisputable evidence of a bubble than anyone can justifiably ignore.