Using Veritas to Construct the "Per…

29-04-2017 Hits:88461 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:82169 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:82056 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:86555 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:82994 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:85119 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:56221 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:84440 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:84155 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:84018 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:90493 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:88068 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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Even as the previous real estate and credit bubbles continue to deflate. I, and my team, have been going over the bank balance sheets and revenue drivers with a fine tooth comb as of late, and it is absolutely undeniable that they they don't have the asset quality and earnings power to sustain (most of their) current prices, yet many are actually rocketing higher.

This is primarily due to a slew of factors, ex. loosening of accounting standards, ZIRP (Zero Interest Rate Policy), corporate welfare (ex. TARP, PPIP, etc.), the acceptance of trash for collateral assets on the  Fed's balance sheet, QE, the simply flooding the world with money.

I understand the reasoning behind blowing a bubble within a bubble, but I vehemently disagree with its plausibility. The government hopes this bubble can be maintained until the other bubbles finish popping, but if it can't, then you will have a crash even larger than the one you were blowing bubbles in order to avoid. It's the Great Global Macro Experiment, 2.0. Practically none of the fundamental issues that have caused me to be bearish on the industrial, manufacturing, financial and banking sectors have been properly addressed and rectified. The only things that have been addressed are the symptoms caused by the actual disease. GM and Chrysler are being trimmed down, but the macro headwinds will still be there. None of the banks problems have been solved save the liquidity issue born of the fact that they failed to (and rightfully so) trust each other enough to lend interbank. The liquidity issue was a symptom of insolvency, which is still a problem that has been papered over by lies and stress-free stress tests (see Welcome to the Big Bank Bamboozle!). In addition, the securitization market is effectively dead, and to revive it would entail inducing investors to by what we now know are guaranteed losses - that is unless the government can enforce some accountability for those that create, package and sell said securities. But the issue is, if those that sell the securities are to be held responsible for them (the old skin the story), then there will be a lot less securitization going on because there are lot of consumers and corporations that simply shouldn't have been extended credit in the first place. This portends less liquidity, hence lower permanent asset prices. You see, we just can't get back to bubblistic asset pricing without a bubble. This is the government's conundrum. This is why they are (IMO, foolishly) blowing another bubble. Take it from me, the writedowns taken on the bubbled real assets and their derivatives are permanent. Let's move on... 

I am (im)patiently biding my time until this most recent government induced bubble pops, hopefully riding it down profitably. 

The majority of the money is to be made on the upside, but we cannot get to the upside until we allow the downside to play out. The government is simply kicking the can down the road. Once we are allowed to properly deflate asset prices to the point of equilibrium, then the true hard core investing can begin. Until then, I will be short and hedged all the way down.