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The “Bombshell” Reason Tech Stocks Just Suffered The Biggest Rout Since Brexit, In Two Charts

“Last week, after making new highs, the NASDAQ “reversed” to the downside. It bounced from there, but yesterday’s action was horrific, for having opened sharply, violently, surprisingly higher, by the day’s end the NASDAQ was sharply, violently, surprisingly weaker and it was so even as the Dow finished higher on the day, albeit materially below […]


Another Step Forward For Sound Money: Location Picked For Texas Gold Depository

Via SchiffGold.com, The Texas Bullion Depository took a step closer becoming operational earlier this month when officials announced the location of the new facility. The creation of a state bullion depository in Texas represents a power shift away from the federal government to the state, and it provides a blueprint that could ultimately end the […]


Tilman Fertitta Buys Houston Rockets For NBA Record $2.2 Billion

Three years after Steve Ballmer paid what was then a record $2 billion for the LA Clippers NBA franchise in May 2014 (in a transaction that was largely seen as a tax dodge), on Tuesday morning Houston billionaire restaurateur Tilman Fertitta one upped the former MSFT CEO when he reached agreement to purchase the Houston […]