Using Veritas to Construct the "Per…

29-04-2017 Hits:88584 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:82268 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:82160 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:86655 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:83087 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:85208 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:56312 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:84538 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:84246 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:84107 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:90596 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:88167 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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Something to benchmark this blog to. From the WSJ :

Sometimes, a grim view of the economy can cramp your style. During a recent first date, says David Tice, manager of Prudent Bear Fund, he made the mistake of sharing his bleak investment outlook at dinner. No second date followed. "You can almost feel the energy go from the room," Mr. Tice said about when he offers his take on the economy.

But as an investor, Mr. Tice is on a roll. By selling short and maintaining a relentlessly downbeat look at the market, his $1.2 billion mutual fund is up more than 15% in the past year, almost 20 percentage points ahead of the market. His bad-news-bear approach is just getting started: He argues the U.S. is entering a multiyear bear cycle.

His views haven't always been winners. During its first three years, Prudent Bear lost almost 19% on average annually from 1996 to 1999, according to Morningstar, when the bull market was steamrolling bears like him. "We never said we would always make money," said Mr. Tice, who adds that his fund isn't intended to be anyone's core holding...

Since 1982, we've been in a long-term bull market, which means your bearish view hasn't panned out. What do you say to skeptics?

We essentially missed the extent to which policy makers would go to keep the economy going and how much credit would grow, especially to the lower-end borrower.

What do you make of the comparisons between the U.S. and Japan's lost decade in the 1990s?

In 1989, the Nikkei was at 35000. Now it is [below] 13000. They had a humongous real-estate bubble there, but they were different in that they loaned money to themselves. We have depended on foreign creditors, so I think it could be worse...

So what are you shorting these days?

We're widely diversified. We don't take more than a 1.2% position in any stock and are investing in larger companies to dampen volatility. We're playing in consumer-discretionary names, banks/brokerage firms and technology names. Last year, tech was represented as a safe-haven area away from carnage of financials, but there is a huge consumer sensitivity to lot of technology...

What about retailers?

We moved away from some of these names in January because so many hedge funds were short those stocks, and it got crowded. We're also not in housing but more housing suppliers.

What stocks do you own?

We are still long precious-metals stocks -- gold, silver, uranium. We like several Canadian companies -- like Silverstone Resources -- with market caps between $50 million to $5 billion. We're trying to identify companies that are still under-recognized and have operating leverage. We are also invested in copper company Capstone Mining, which we have seen a 10-fold profit in but still like...

Where do you see other bubbles building?

China, emerging markets, the spread between the two-year bond and 10-year, the art market.

What would have to happen for you to become bullish on the U.S. market/economy?

I want to get bullish again, but I think these excesses and imbalances are going to take a while to play out. This is probably a once-in-a-100-year cycle. We will have to have a 40%-plus decline in the U.S. stock market, plus a massive adjustment to the U.S. economy, away from consumption towards saving and investment, resulting in massive closures of various retailers and a dramatically reduced current-account deficit.