70-times more leveraged than Lehman Brothers… You’ll Never Guess WhichBIG American Bank isGoing Bankrupt And just like Lehman Brothers, the government won’t save them Dear Friend, Hello. My name is Michael Lombardi. I’m the founder of Lombardi Publishing Corporation, a financial forecasting firm I started over 30 years ago. There is a major U.S. bank … Read More
Cryptocurrencies may not be perfect, but don’t let anyone tell you they’re not viable. If they weren’t, central banks, governments, and Wall Street insiders wouldn’t be panicking. And they are panicking. In May, the Chinese government issued a public warning about trading and mining crypto. And earlier this month, Beijing started sprawling efforts to shut … Read More
Ninety-year-old Warren Buffett and his 97-year-old vice chairman, Charlie Munger, just hosted the 2021 Berkshire Hathaway (NYSE: BRK-A) annual shareholder meeting. In normal years, more than 40,000 die-hard investors flock to Omaha, Nebraska, this time of year to listen to the wisdom of Buffett and Munger. This year, the meeting was held virtually, and anyone … Read More