Using Veritas to Construct the "Per…

29-04-2017 Hits:93153 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:84457 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:84372 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:88929 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:87415 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:87230 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:58395 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:86759 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:86381 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:86734 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:93018 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:90362 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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In The Great Global Macro Experiment, Revisited, I lamented on the slashing of rates to save us from recession that brought upon a risky asset binge, that brought upon a central banker's loss of control of interest rates, that brought upon a recession and risky asset bust, that brought upon a global interest rate reduction (South Korea, Taiwan, Hong Kong Cut Interest Rates After Fed, ECB, BOE Move) that ... Yen Falls as Global Interest Rate Cuts Boost Stocks, Revive Risk Appetite. If you read "The Great Global Macro Experiment, Revisited" you know that I rely on these central banker's extreme, and unfortunately globally destructive, overreaching to put food on the table. Well, I think the kids are going to eat well this year... BoomBustBloggin' forever more!

From Bloomberg:
South Korea, Taiwan, Hong Kong Cut Rates, Join Global Push to Stem Crisis but.... Asian Money Market Rates Rise as Banks Ignore Coordinated Move

Asian money market rates rose as banks remained reluctant to lend even after South Korea, Taiwan, Hong Kong and China lowered borrowing costs, while Japan and Australia pumped more than $42 billion into the financial system.

Hong Kong's three-month interbank offered rate jumped 25 basis points to 4.4 percent, a one-year high. Singapore's similar rate for dollar loans rose 19 basis points to 4.51 percent, the highest since Jan. 8. The interbank offered rate in Tokyo was fixed at 0.871 percent, the highest since Dec. 26.
``Interest-rate cuts will be of little help in the near term because the issue is trust, not rates,'' said Cezar Bayonito, a liquidity trader at Allied Banking Corp. in Makati, Philippines. ``The liquidity squeeze is still out there.''

Overnight dollar borrowing costs in London soared for a third day yesterday before the Federal Reserve, the European Central Bank, Bank of England, Bank of Canada and Sweden's Riksbank each reduced their benchmark rates half a percentage point in an unprecedented coordinated move. The Bank of Japan, which didn't participate, said it supported the action.

It doesn't matter, though - Equity markets have traders that act dumb... Asian Stocks Gain, Snapping Five-Day Slump After Global Interest-Rate Cuts

After all, it's not like there are global issues to worry about... Kaupthing, Iceland's Biggest Bank, Seized by Nation's Financial Regulator
Iceland's Financial Supervisory Authority will take control of Kaupthing Bank hf, the nation's biggest bank and the third lender to be seized by the government since the financial crisis escalated.

Kaupthing's domestic deposits are fully guaranteed, and the aim of the takeover is to provide a ``functioning domestic banking system,'' the FSA said in a statement on its Web site today.

Iceland's banking system has buckled under the weight of debts equal to 12 times the size of the economy, with financial regulators already in charge of the second and third largest lenders, Glitnir Bank hf and Landsbanki Islands hf. Prime Minster Geir Haarde indicated yesterday he may be forced to seek aid from the International Monetary Fund after failing to secure loans from European governments and central banks.

The central bank yesterday abandoned an attempt to fix the exchange rate, indicating it is powerless to halt the slump in the krona. Iceland will start talks with Russia on Tuesday to secure a loan of as much as 4 billion euros ($5.46 billion), Haarde said yesterday.

Iceland's oversized bank industry put it ``probably in the worst position in the developed world to cope with the ongoing credit crisis,'' Deutsche Bank AB economist Henrik Gullberg said on Oct. 7.

But wait, there's more in the news today:


Libor Holds Central Banks Hostage as London Rate Freezes Worldwide Lending

Fear Trumps Greed as Market Worries Amplify News, Paralyze World Economy

Stocks, U.S. Futures Rise as IBM Confirms Forecast; Cap Gemini, Dexia Gain

U.K. May Own as Much as 30% of Four Biggest Banks, Bernstein Analysts Say Paulson Signals U.S. May Invest in Lenders as Part of $700 Billion Rescue

Iceland's Krona Currency Trading Grinds to a Halt as Kaupthing Taken Over

Bernanke, Paulson Seek Global Help as Credit Crisis Defeats U.S. Efforts

AIG May Tap $37.8 Billion from Federal Reserve, Following $85 Billion Loan

House Prices in U.K. Fall Most in 25 Years as Banks Cut Lending, HBOS Says

I got kids to feed...