“We Are In The Golden Age Of Fraud”

by Dave Kranzler of Investment Research Dynamics “Elon Musk has personified the hopes and dreams of this bull market; Tesla burnishes its results through aggressive accounting; it’s a culture of deception because it is selling self-driving, which doesn’t yet exist.” – Jim Chanos from “We Are In The Golden Age Of Fraud” (Financial Times) Jim Chanos is perhaps the … Read more

VERY BEARISH SIGNS MOUNT: Gold Has Not Invalidated Its Breakdown, BIG SELL-OFF LIKELY

A move to about $1700 or lower is likely in the cards… by Przemyslaw Radomski via Sunshine Profits Yesterday’s session was indeed volatile around the FOMC, just like we warned, and gold even moved to its previous high, likely forming a double-top pattern. Even though gold moved higher on an intraday basis, it didn’t invalidate its previous breakdown, which … Read more

Mannarino: The bond market is flashing RED!

TradersChoice.net, Released on 7/31/20 Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served … Read more

Insulting? California lowering bar exam standards in order to pass more minority lawyers

by DCG A rather insulting headline: By easing its bar exam score, will California produce more Black and Latino lawyers? https://t.co/sEUJ1zOuJV — Los Angeles Times (@latimes) July 26, 2020 The article in the LA Times states the California Supreme Court agreed to lower the passing score for the exam, a victory for law school deans who have long … Read more