Currencies
He is also Chairman of SchiffGold, his precious metals dealer, Euro Pacific Asset Management, and Euro Pacific Bank, his brokerage firm for international clients. He is also … more Peter Schiff is the CEO and Chief Global Strategist of Euro Pacific Capital, an SEC-Registered Investment Adviser and a full service broker/dealer. A financial professional for more than twenty years, he joined Euro Pacific in 1996 and served as its President until December 2010, when he became CEO.
Peter Schiff is the CEO and Chief Global Strategist of Euro Pacific Capital, an SEC-Registered Investment Adviser and a full service broker/dealer.
Peter Schiff is the CEO and Chief Global Strategist of Euro Pacific Capital, an SEC-Registered Investment Adviser and a full service broker/dealer.
Metals
It now appears the Reddit crew believes going after silver can hurt the banks and so silver might skyrocket at least temporarily. Gold bugs would tell you that Gold is a store of value because of its history as the foundation for currency, or actual use as currency. The GBTC exposure could help it outperform gold, at least that has been the case so far but with only 15% Bitcoin, it is not a Bitcoin proxy. A building, a pen, a stock, a cryptocurrency, gold, Intellectual property, any asset?
It could be thought of as a gold fund with a Bitcoin overlay. One of the most historic and visible stores of value is Gold. What it actually does is target 85% gold and 15% not Bitcoin but Grayscale Bitcoin Trust (GBTC) which I own. But Gold has more buyers.
It could be thought of as a gold fund with a Bitcoin overlay. One of the most historic and visible stores of value is Gold. What it actually does is target 85% gold and 15% not Bitcoin but Grayscale Bitcoin Trust (GBTC) which I own. But Gold has more buyers.
Oil
US crude was flat at $52.20 a barrel, while Brent crude futures edged up 10 cents to $55.14.
United States
Where part of the sentiment behind r/wallstreetbeets is sticking it to the suits, sticking it to Wall Street types, it doesn’t get more Wall Street types than Citadel. He piloted the corporate lobbying campaign for the Trump tax cut, deploying a vast war chest of corporate donations. The sudden lurch from Trump to Biden is generating vertigo all over Washington, including the so-called fourth branch of government – CEOs and their army of lobbyists.
If some overconfident Wall Street types lose their shirts to the trolls, I can get behind that. For more than a decade Dimon has driven Wall Street’s charge against stricter bank regulation, opening bipartisan doors in the Capitol with generous gifts from the Street. So now, in the wake of Trump’s calamitous exit and Biden’s ascension, we’re to believe CEOs care about democracy? Sunday’s Wall Street Journal highlighted the impact to Melvin Capital in an article titled, Melvin Capital Lost 53% in January, Hurt by GameStop and Other Bets ($$).
Their assault hasn’t been as violent as the pro-Trump mob who stormed the Capitol. Watching what has happened with Wall Street Bets reminds me of those days.
If some overconfident Wall Street types lose their shirts to the trolls, I can get behind that. For more than a decade Dimon has driven Wall Street’s charge against stricter bank regulation, opening bipartisan doors in the Capitol with generous gifts from the Street. So now, in the wake of Trump’s calamitous exit and Biden’s ascension, we’re to believe CEOs care about democracy? Sunday’s Wall Street Journal highlighted the impact to Melvin Capital in an article titled, Melvin Capital Lost 53% in January, Hurt by GameStop and Other Bets ($$).
Their assault hasn’t been as violent as the pro-Trump mob who stormed the Capitol. Watching what has happened with Wall Street Bets reminds me of those days.
Europe
Viktoria DendrinouWhat s HappeningFortress Europe | EU envoys in Brussels will seek agreement today on stricter curbs on travel from outside the bloc. Drugmaker AstraZeneca said it will deliver an additional 9 million doses to the EU in the first quarter to help get the inoculation drive on track. It s a story that barely made a ripple in the U.K., as the country s first month outside the EU was overshadowed by the pandemic. Today it s Chancellor Angela Merkel s turn to try and reboot the region s stumbling vaccine efforts.
But Brexit has already seeped into all parts of the economy.
0 But Brexit has already seeped into all parts of the economy.
