NEPI Rockcastle – Horsing around in the Stable

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Irreconcilable international earnings, enriching management through M&A, hoodwinking investors through misleading analysis via rejection of independent investigation. Report – Download Link Letter to Auditor – Download Link NEPI Rockcastle (JSE:NRP) is a JSE-listed entity holding one of the largest real-estate investment portfolios in Eastern Europe. Viceroy’s investigations have uncovered numerous inconsistencies within NEPI Rockcastle’s financial… Read More

Kass: My 15 Surprises For 2019

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White House Politics: (When asked what he wanted to give thanks for during a press gaggle Thanksgiving Thursday, Trump responded), “for having a great family and for having made a tremendous difference in this country. I’ve made a tremendous difference in the country. This country is so much stronger now than it was when I… Read More

What Sinkhole States Don’t Want You to Know

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US states have amassed at least $1.5 trillion in unfunded liabilities in 2017, even though 49 of them have some form of balanced-budget restriction. Bill Bergman attempts to answer this puzzle. He is director of research with Truth in Accounting, a nonprofit watchdog that publishes the annual Financial State of the States, a report that… Read More

Nevada Copper Mine Worth 40-Year Wait

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The United States is getting ready to build its first copper mine in a decade: Pumpkin Hollow in Yerington, Nevada. Tumbling prices and red tape have stalled copper investments for years, but new gains in supply efficiency are attracting large-scale investments again, says Frik Els, editor of Mining.com. A veteran business journalist based in Vancouver,… Read More

The Problem with Gold Futures, ETFs

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Many investors have taken to gold futures and exchange-traded funds (ETFs) to diversify their portfolios. They could be in for some disappointment, according to Chris Powell. He is the secretary and treasurer of the Gold Anti-Trust Action Committee (GATA), a nonprofit and civil-rights organization. It monitors the market for manipulation of monetary-metals prices and intervention… Read More

Dennis Gartman: Bitcoin Is a Substitute for Nothing

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Amid the cryptocurrency euphoria, few have passed on the opportunity to invest in bitcoin or altcoins. Meet Dennis Gartman, who argues that they have no intrinsic value and only serve for speculation. A world-renowned financier and commodities expert, he has published the Gartman Letter since 1987, which goes out daily to leading banks, hedge funds,… Read More

John Rubino – At Some Point the Whole Thing Blows Up

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Financial writer John Rubino contends massive bailouts will explode in the next economic downturn, and they will have grave consequences for interest rates and the U.S. dollar. Rubino says, “They would say, hey here’s $5 trillion to bail out states and localities across the country. People will see that and will worry about what that… Read More

Become Debt-Free in 4 Easy Steps

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This post Become Debt-Free in 4 Easy Steps appeared first on Daily Reckoning. When you receive a paycheck, who do you pay first? If you’re like most Americans, you’re probably paying everyone else first—your rent/mortgage, groceries, utilities, car payment, insurance, etc. Once you’re done paying all those bills, you stick whatever you have left (if… Read More

Why Boring Is Good: Beware of Tech Hype

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Mike Larson is sounding the alarm over what he perceives to be a growing tech bubble. Exhibit A is Uber, the ride-sharing company worth billions that has been operating at a loss for almost a decade. He criticizes the hype-driven media and lazy fund managers for a lack of healthy skepticism. A senior analyst with… Read More

Housing the Cannabis Boom

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Medical marijuana is now legal in most US states, and a growing number of them are also allowing recreational uses. With the cannabis industry going mainstream, more land is needed to grow, process, and sell the plant. Mark Scarola, COO of Green Zone 360, offers this kind of cannabis real-estate investment: he tracks down properties… Read More

Brace Yourself for Macro Turbulence

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After 10 years of easy credit in the wake of the Great Recession, the party is over. Interest rates are going up, as are labor costs. “Buckle up,” warns Peter Boockvar, chief investment officer with the Bleakley Advisory Group and editor of the Boock Report. Speaking at the New Orleans Investment Conference, he argued that… Read More