Using Veritas to Construct the "Per…

29-04-2017 Hits:85880 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:80096 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:79953 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:84433 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:80972 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:83205 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:54226 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:82353 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:82194 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:82062 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:88119 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:85974 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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I think one would be foolish to assume that Obama's administration will allow the US taxpayer to suffer before forcing the common shareholders of failing financial institutions to play the role of "deductible" or "stop loss" on impaired asset losses. Here is man who campaigned on a platform of change, who financed the majority of his platform via a social networking website whose average donation was $68, and who looks and acts and was raised differently from every Wall Street trickle down style president. Combine this with the fact that it would be downright stupid to allow shareholders to remain whole as the taxpayers shovel another trillion into dead banks. Whether you love the man, hate, or are indifferent, I think we can all agree that he is not a stupid man.

And from the Wall Street Journal:

WASHINGTON (Dow Jones)--Treasury Secretary Timothy Geithner warned U.S. House Democrats on Saturday that the U.S. financial system remains "badly damaged," [So, unlike Paulson, he reads BoomBustblog!] but that the Obama administration planned to act both quickly and aggressively to deal with the crisis, according to one lawmaker present.

"He did say that some institutions are so frail that they would not survive," [and I believe that I have named the majority of them. See Commercial Banks] said Rep. Brad Miller, a Democrat from North Carolina and a member of the House Financial Services Committee.

...

"He said it's clearly going to get worse but we have to act to prevent it from getting much worse," [More reading of BoomBustBlog] Miller said.

Geithner used the opportunity to address the widespread anger about the Treasury's use of the first $350 billion of the Troubled Asset Relief Program, calling it "justified," [Ya' Damn Skippy, it's justified!] according to Miller. That acknowledgment, along with Geithner's recounting of his own life story to open his speech, reassured lawmakers that he can see beyond Wall Street's interests and deal with the economic plight of average Americans, the House Democrat said. [Yet, the Street rallies because they don't believe Obama will dilute the bank shareholders??? This goes to show you that traders profit from price movement only, damn the fundamentals. Obama already made it clear he wants to send a message by declaring compensation caps on banks that need government money. I don't see how that is encouraging to the banking industry, althought it does make plenty of sense. I believe it should even be a bit more stringent - See I Went to a Fight and a Compensation Committee Meeting Broke Out! - Class, Compensation & the Street]

"The concern has been that the Obama economic team has been breathing rarefied air for so long that they've forgotten how ordinary Americans think," Miller said. [This is another hint at proving a point of support for Middle America. Wall Street is not Middle America!]

Regarding the administration's plan to use the second half of the TARP funds, Miller said Geithner's comments suggested the details were still being finalized. He did acknowledge that a portion of the plan will be used to stem foreclosures, including what Geithner called "careful bankruptcy reform." [Yet, another hint.]

Miller, who has sponsored legislation opposed by the financial services industry to allow bankruptcy judges to rework the terms of mortgage loans, said he would wait to see what "careful" means, but that he was glad that the administration is committed to dealing with foreclosures. [If you don't get the hint by now, you probably never will]

The speech made it clear, Miller said, that the financial system remains fragile.

"I don't think we know yet how bad the industry's insolvency problem is," Miller said. "If we had regulators go in and examine the books like we did at Fannie Mae and Freddie Mac a great number of our systemically important financial institutions could be insolvent." [Don't worry, you have Reggie Middleton as a proxy, as a BoomBust investor - Here's one for ya' - Re: JP Morgan, when I say insolvent, I really mean insolvent and Is JP Morgan Taking Realistic Marks on its WaMu Portfolio Purchase? Doubtful! ]

-By Michael R. Crittenden, Dow Jones Newswires; 202-821-2159; This email address is being protected from spambots. You need JavaScript enabled to view it.