by David Kranzler
Investment Research Dynamics
I am working to determine whether TSLA or AMZN is the biggest stock fraud in the history of our markets. Both companies aggressively implement the same business model: charge the end-user (buyer) a price below the all-in cost of getting the product from the factory floor to the customer’s possession for the sake of generating revenues.
AMZN stock has run up $72 to $673 (Friday’s close) since its earnings were reported last Thursday. The Company continued with the same highly misleading accounting in Q1 2016 and the misleading presentation of its numbers that I layout in Amazon.con. AMZN burned through OVER $3 billion in cash during Q1 2016 despite making the claim that it generated $5 billion of free cash flow.
Have you ever had a family gathering, a social function or a business meeting ruined by someone that was obsessed with checking their cell phone? I see this wherever I go, and it is one of the reasons why I don’t like to leave the house much. No matter who is around and no matter how important what they are supposed to be doing may be, many Americans feel a deep, dark compulsion to constantly check their smartphones. As you will see below, the average user checks his or her phone 35 times a day, but of course there are some people that are well into the triple digits. Cell phone addiction is very real, and that is why there are actually rehab programs for this sort of thing. Unfortunately, we simply can’t put the entire country into rehab, and this problem just keeps getting worse with each passing year.
“Bottom-up horizontal connection is key,” ex-CIA agent Robert D. Steele says. “Sharing at all levels, not top-down control.
In protest of still more pension cuts, Greek unions started a 3-day strike on Friday that has shut down much of the country.
There has been a lot of talk about how gold is not a good inflation hedge. Indeed, with the recent bounce in inflation expectations, this was shown to be true over a short timeframe, at least in relation to silver and other commodities. Gold sagged while the more inflation-sensitive commodities bounced.
This London Gold Market infographic guides you through the secretive OTC wholesale gold market in London. The London Gold Market is the largest gold market in the world and the volumes traded are staggering.
The average cost for home builders to comply with regulations for new home construction has increased by nearly 30% over the last five years, according to new research from the National Association of Home Builders.
(Interviewed by Louis James, Editor, International Speculator)
There may be much Republican hand-wringing over Donald Trump’s presumptive nomination to face against his Democratic challenger to the White House, but the boastful billionaire says he doesn’t care, and it doesn’t matter.
Apple has just announced its first revenue drop in 13 years.
QUESTION: Mr. Armstrong; some people say you are wrong because the Fed did not create “cash,” but rather made more debt available through the QE process and whether people hoard money is irrelevant. I do not agree with this statement for the Fed clearly bought bonds, they did not create debt. It seems some people have completely got this all confused. Can you clarify this.
On the heels of some fierce trading this week in the dollar, gold and silver, below is an extremely important update on the war that is raging in the gold and silver markets.
No, that’s not a ‘click bait’ sensationalist title. Things are getting ‘weird’ out there if you’re trying to be polite, and downright ‘chaotic’ if you’re being blunt. Everywhere we look, we see signs that the systems that support us are breaking down.
Donald Trump’s patented phrase “we aren’t winning anymore” lies beneath the tidal wave of anti-establishment sentiment propelling his campaign and, to some considerable degree, that of Bernie Sanders, too.