Real Vision CEO, Raoul Pal, is joined by senior editor, Ash Bennington, to reflect on a week of extreme price action. They analyze the dramatic crash of U.S…
Berkshire had sold another 100 million shares of Wells in the past two months, taking its position to just 136.3 million, down 100 million since June 30.
"“We think that the economy’s going to need low interest rates, which support economic activity, for an extended period of time. It will be measured in years."
We suspect this was merely a warm up. A trial run. When the time comes, the Fed will stretch the money supply like Silly Putty... and the value of the dollar will be eroded in kind...
Tesla Board member Kathleen Wilson-Thompson exercised an option to buy 12,500 shares at $44.95 and then turned around and sold them immediately at more than 10x that price...
At the same time, since the March lockdown, the Nasdaq has been rising at a rate of $1.6 billion per hour, almost as if every dollar the Fed inject goes right into tech company market caps.
"Adjusted by aggregate market return, the average return of smart beta indexes drops from 2.77% per year 'on paper' before ETF listing to -0.44% per year after ETF listing..."
The LBMA bullion banks and Bank of England couldn't care less about transparency, but are pretending to care so as to keep the LBMA-COMEX gold pool show on the road a bit longer.
