Using Veritas to Construct the "Per…

29-04-2017 Hits:87213 BoomBustBlog Reggie Middleton

Using Veritas to Construct the "Perfect" Digital Investment Portfolio" & How to Value "Hard to Value" tokens, Pt 1

The golden grail of investing is to find that investable asset that provides the greatest reward with the least risk. Alas, despite how commonsensical that precept seems to be, many...

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The Veritas 2017 Token Offering Summary …

15-04-2017 Hits:81131 BoomBustBlog Reggie Middleton

The Veritas 2017 Token Offering Summary Available For Download and Sharing

The Veritas Offering Summary is now available for download, which packs all the information about Veritas in a single page. A step by step guide to purchasing Veritas can be downloaded here.

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What Happens When the Fund Fee Fight Hit…

10-04-2017 Hits:80973 BoomBustBlog Reggie Middleton

What Happens When the Fund Fee Fight Hits the Blockchain

A hedge fund recently made news by securitizing its LP units as Ethereum-based tokens and selling them as tradeable (thereby liquid) assets. This brings technology to the VC industry that...

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Veritaseum: The ICO That's Ushering in t…

07-04-2017 Hits:85446 BoomBustBlog Reggie Middleton

Veritaseum: The ICO That's Ushering in the Era of P2P Capital Markets

Veritaseum is in the process of building peer-to-peer capital markets that enable financial and value market participants to deal directly with each other on a counterparty risk-free basis in lieu...

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This Is Ground Zero for the 2017 Veritas…

03-04-2017 Hits:81944 BoomBustBlog Reggie Middleton

This Is Ground Zero for the 2017 Veritas Offering. Are You Ready to Get Your Key to the P2P Capital Markets?

This is the link to the Veritas Crowdsale landing page. Here is where you will be able to buy the Veritas ICO when it is launched in mid-April. Below, please...

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What is the Value Proposition For Verita…

01-04-2017 Hits:84132 BoomBustBlog Reggie Middleton

What is the Value Proposition For Veritas, Veritaseum's Software Token?

 A YouTube commenter asked a very good question that we will like to take some time to answer. The question was, verbatim: I've watched your video and gone through the slides. The exchange...

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This Real Estate Bubble, Like Some Relat…

28-03-2017 Hits:55194 BoomBustBlog Reggie Middleton

This Real Estate Bubble, Like Some Relationships, Is Complicated...

CNBC reports US home prices rise 5.9 percent to 31-month high in January according to S&P CoreLogic Case-Shiller. This puts the 20 city index close to an all time high, including...

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Bloomberg Chimes In With My Warnings As …

28-03-2017 Hits:83389 BoomBustBlog Reggie Middleton

Bloomberg Chimes In With My Warnings As Landlords Offer First Time Ever Concessions to Retail Renters

Over the last quarter I've been warning about the significant weakness in retailers and the retail real estate that most occupy (links supplied below). Now, Bloomberg reports: Manhattan Landlords Are Offering...

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Our Apple Analysis This Week - This Comp…

27-03-2017 Hits:83130 BoomBustBlog Reggie Middleton

Our Apple Analysis This Week - This Company Is Not What Most Think It IS

We will releasing our Apple forensic analysis and valuation this week for subscribers (click here to subscribe - lowest tier is the same as a Netflix subscription). As can be...

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The Country's First Newly Elected Lame D…

27-03-2017 Hits:83020 BoomBustBlog Reggie Middleton

The Country's First Newly Elected Lame Duck President Will Cause Massive Reversal Of Speculative Gains

Note: Subscribers should reference  the paywall material here for stocks that should give a good risk/reward scenario for bearish trades. The Trump administration's legislative outlook is effectively a political desert, with...

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Sears Finally Throws In The Towel Exactl…

22-03-2017 Hits:89280 BoomBustBlog Reggie Middleton

Sears Finally Throws In The Towel Exactly When I Predicted "has ‘substantial doubt’ about its future"

My prediction of Sears collapsing once interest rates started ticking upwards was absolutely on point.

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The Transformation of Television in Amer…

21-03-2017 Hits:86994 BoomBustBlog Reggie Middleton

The Transformation of Television in America and Worldwide

TV has changed more in the past 10 years than it has since it's inception nearly 100 years ago This change is profound, and the primary benefactors look and act...

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As you recall, my take on the deflation vs inflation debate is much less crystal ball-ish than many other pundits on the web. I never was very much into fortune telling or forecasting the future. From what I observed and researched, if I had to make a call that call would be stagflation.


On that note, here is an interesting note from one of my site's subscribers on how China is exporting to what is amounting to stagflation to the United States, now!

Hi Reggie, I thought it was interesting to get a price increase from China when we have deflation over here, since you just wrote a China and stagflation piece I though it maybe of interest to you.
 
I am in the furniture business and took more of an interest in investing through your site. My company imports furniture from various Asian countries, Costco is our largest customer. Costco had two Furniture only stores, doing $120mil in business for the both stores, they closed these stores last year , due furniture not being a growth area for them going forward (they still sell through their regular stores and .com)

At that same time this was only June last year, Chinese factories were laying workers off, said workers returned to their homes mostly in the country.  Now we have factories in China raising prices on products destined for deflationary markets, not by a small amount either, 6-10%!

****

And a few days laters...

Hey Reggie,

Here comes something on this price increase issue again!, really all this is happening very fast and at high $/% increase levels.

Attached is a summation of our suppliers announcement (this is sent to Canada customers though not sure about US, though TPEB is East to West) and it indicates right off the bat “that the situation is expected to get worse - increasingly similar to conditions back in 1998 (when there was a huge surge of bookings combined with capacity cuts on Transpacific resulting in 3 week backlog and a $1500 increase per 40ft”

You will have more economic info at your hands than myself, though this is what I know.

1998 was probably (again you may know more), the begging of mass volume exporter from China, therefore not enough vessels to ship this quick jump in volume, China joined WTO in 2001 and exports started to explode.

The drop in 08 exports led to a decrease in the container ship fleet and now we have stimulated re-bound.

The shipping companies have not been pulling ships back into service, they mostly likely waiting to see what orders are like after Chinese New Year, hence we have low carrier vessel capacity.

The letter states immediate GRI (general rate increase) stating that TPEB (Trans Pacific East bound) is below the Europe rate route. These increases will impact goods that are currently in production or awaiting shipment,  most goods will be already sold or quoted on, increase’s cannot be passed on immediately.

When we had went through GRI’s up to 2007, we could pass it on easily as increasing business was easily able to absorb this, then we had a crash in prices with increases now coming fast within 18 months, the up and down of prices so quickly is difficult, it is possible we can see these GRI’s removed by the 2nd qtr as Chinese new year shipments do get bottled neck due to 2-3 week shut down depending on factory, mostly though the stimulus is creating this demand which the carriers cannot deal with due to many ships being anchored.

I have not included the supplier letter since I have yet to get explicit permission from the reader yet. Below, is what I have had to say in the past on the topic.

On inflation, deflation, and stagflation:

On China: