Using Veritas to Construct the "Per…

29-04-2017 Hits:84659 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:79123 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:78967 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:83459 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:80020 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:82328 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:53302 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:81336 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:81334 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:81146 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:86996 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:85013 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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A few people have asked me my opinion about the various Fed actions, Paulson's GSE bailout, the housing bailout package, and bailouts in general. I think I can voice my opinion in very simplistic terms. It's Wall Street vs. Main Street. Two factions with opposing goals are at odds. Guess whose side your government is on??? The consistent imbibing of the intoxicating elixir of easy credit, excessive liquidity, surging risky asset prices and a preternatural tolerance for uncompensated risk is the result of lax regulation where it really matters. Sarbanes Oxley is not what we needed. We needed a curb on off-balance sheet vehicle abuse. We needed a curb on leverage of institutions that the government considers to be too big to fail. I am all for the free markets, but if the markets are free, I should not have to pay for them. Let whoever is failing fail! If they are truly too big to fail, they should have been regulated from the get go, period.

This brings me to the main topic. The government and the corporate finance crowd are searching for, and trying to manipulate, the stabilization of housing prices. This will drag much of their fat out of the fire. The problem with this mission is that inflated real asset prices, particularly residential housing, is what is hurting much of Main Street - the common man and woman. Real housing prices have outstripped real income by MUTLIPLES, thus home ownership has been pushed significantly out of the reach of many people. In addition, as long as homes are overpriced, they will stay out of the reach of the average man/woman, thus they will not be able to buy it - and common sense dictates that supply will continue to outstrip demand. This pricing is not necessarily transparent to the lay person. For instance, the tightening of credit qualification standards reduces the pool of eligible buyers. The requirement for larger downpayments effectively decreases the affordability of homes as well. As does the soaring commodity prices which increase the burden of heating and cooling homes, the recently past price increases which caused most property taxes to spike, and the cost of construction which increase renovation and repair costs.

So, what happens when the common man wants, or needs, housing prices to come down while Wall Street and corporate America wants, or needs, housing prices to increase or at least stabilize? Well, our government sides with the corporate machine. No, I am not being a socialist. I am as capitalistic as they come, and love money and the pursuit of entrepreneurial dreams. I am also honest and call it as I see it. The housing bills, the various bailouts and access mechanisms to the government's cash flows and balance sheet are not aimed at correcting the market imbalance (read as bringing on a correction). The government tools and programs are aimed at floating companies that I have considered effectively insolvent, or close to it, for over a year now. The tools and programs are aimed at keeping housing prices artificially elevated in order to maintain the values of constructed securities and vehicles based upon, or anchored to, housing prices. They are, in effect, selling out the common man for the common CDO, agency bond, or AAA MBS. In addition, the common man is being forced to pay for the risk assumed by the architects of these devices, despite the fact that the architects of these devices failed to share the rewards of their machinations in times of excess. That's right, you know what I am about to say. Privatizing profits and socializing losses. You've heard it before, and you'll probably hear it again. You know why as well as I do. It's because it is the truth! Let's channel Jack Nicholson in that seminal role in a "A Few Good Men". The TRUTH! The TRUTH! YOU CAN'T HANDLE THE TRUTH!!! I just love that scene.

Okay, I know this can be perceived as an oversimplification, but if you let the weak companies fail that failure would quickly bring about the devaluations that will allow both the common man and the prudent investor to move in and start deploying solid capital that sticks. Not the scary, uneducated hot money that moves in and out of the financials - such as in the last week. The recent bear market rally simply pushed bankrupt companies higher than they were when I originally though they were overpriced. This just exacerbates volatility and allows the shares to fall that much farther and that much harder.