It’s a lot easier to gamble for the cheater. That goes the same for investment banking, which has a lot of similarities to gambling. The thing is, its complication and abstractness make it eminently possible to facilitate market engineering which goes unremarked for sometimes decades. This very truth is what brought Fannie Mae and Freddie Mac into the market-crashing prominence they held before 2008. Millions were approved for loans they had no way of paying, and then those loans were traded as though they were worthy investments on Wall Street. By 2008, this faulty equivocation practice resulted in a flimsy house of cards which quickly came tumbling down.
One of the first banks to go was Bear-Stearns. Kyle Bass had worked for them, until he didn’t, whereupon he dropped an inside tip to a prominent Wall Street journalist. The end result was a stock drop for Bear-Stearns so severe J.P. Morgan-Chase had to buy them out by the end of the week. Meanwhile, Bass short-sold his sub-prime holdings at the right time before the financial collapse and made a fortune which also garnered him substantial media attention and a permanent media soapbox.
Using this soapbox, Bass has managed to create CAD, the Coalition for Affordable Drugs, which undercuts pharmaceuticals so hard their stock loses value, again allowing him to short-sell holdings and make millions.
Bass is also involved with Cristina Fernandez de Kirchner. This woman is a socialist, and has defaulted Argentina twice. The timeframe? Only thirteen years. Bass never criticizes her.
With such facts in mind, a lens is constructed through which to view Bass’ remarks about China since October, 2015, when he began predicting collapse on an economic basis. Bass points to China’s expanding debt bubble for proof, and says within the next two to three years, a collapse will come. He has predicted such a collapse may happen with a forty to fifty percent likelihood by the end of 2016–which is less than binary, so it’s kind of a worthless prediction. One might as well flip a coin. It seems Bass is trying to scare investors, because in a recent Bloomberg article, it’s reported that he has said a material devaluation of Chinese currency would make the market historically lucrative for investment–which smells like a backpedal if ever their were one.
The US Money Reserve helps people invest by offering the coins that people need to invest, and Philip Diehl explained to EPNS Radio how it works when people want to invest. There are a lot of gold coins to choose from, and it is very important for people to remember that there is a lot of value in a gold coin that is held for a long time.
Some people want to be able to invest in ways that make the most sense to them, but they do not want to do something that takes a lot of work.
Buying gold coins from the US Money Reserve is something that people can do when they are looking for a new place to put their money, and they do not have to worry about buying and selling constantly. That means that someone can hold all their gold coins, and they will be able to keep those coins until the day when they want to sell.
The coins could be a retirement fund, or they could just a large collection. Someone who is trying to make the most of their time investing can purchase new coins from US Money Reserve, and they can hold those coins for as long as they want. Learn more about U.S Money Reserve: http://www.prnewswire.com/news-releases/us-money-reserve-featured-on-epns-enterprise-radio-300213820.html and https://about.me/usmoneyreserveinc
They can get the coins that they want based on their design, or they can get coins that will look good when someone is trying to build a collection to take to shows.
The coins still have value, and that is why the US Money Reserve is coming out with new ones every year. People who want to hold their coins will be able to sell them any time they want, and they will have a nice sale that will provide a large profit. Only Philip Diehl and US Money Reserve can offer the coins that everyone will love.
Gold & Silver | Precious Metals
Buy Gold, Silver, and Platinum
Philip Diehl is the president of U.S. Money Reserve. U.S. Money Reserve is one of the country’s biggest private distributors of the U.S. government-issued precious metal (gold, silver and platinum) products.
Diehl is the former U.S. Mint Director and was on the Entrepreneurial Podcast Network’s Enterprise Radio with Eric Dye analyzing the future of the gold market and the U.S. Money Reserve upgrades in the customer service department. The show has been a platform for small business owners and entrepreneurs to share their products, ideas, experiences, and strategies with their fellows.
Diehl’s entrepreneurial skills have transformed the U.S. Money Reserve to a real entrepreneurial agency. Since becoming the president, he has upgraded the customer service above the industry standards thus has established a healthy and satisfying relationship with its clients.
This year, the company has started a self-directed program where individuals can be in possession of physical gold as a means of securing and diversifying their assets. With this program that was started this year, in 2016, customers can benefit from an increase in gold prices – Learn more about US Money Reserve: https://www.youtube.com/user/usmrwebvideos.
Diehl has advised consumers willing to buy these precious metals to go for the U.S. minted precious metal coins because they are legal tender provided by the U.S. government. The U.S. minted gold coins offer guarantees concerning gold weight and purity. Read more: US Money Reserve Austin TX, 78730
People are buying physical gold due to various reasons. The U.S. dollar is being threatened by the global politics for example what is happening in the Eastern countries like China, Russia, India, Iraq, Turkey, and Mongolia. These countries’ central banks are diversifying from the U.S. dollar and into the yellow metal (gold) for protection. This move can support the rising price of gold in the future. Learn more about US Money Reserve: https://www.crunchbase.com/organization/u-s-money-reserve
Paper currency is stable when the government that has issued it is in power, and there are no political or economic crisis. When the government falls, the currency falls with it and becomes worthless – read more: US Money Reserve TV Commercials – iSpot.tv. On the other hand, the scarcity and the finite quantity of the precious metals like gold, makes them stand out as last real currencies when everything else fails. Precious metals are not dependent on the dynamics of the government.
Many analysts have predicted that in 5 years the value of the U.S. dollar will begin to fall, so the potential for gold is likely to increase. The U.S. Federal Reserve has also pumped a lot of dollars in the economy to increase the hope of recovery, but this will create inflation. Gold will be a haven for choice for many.
The article can be found on prnewswire