Let The Games Stop

Completely detaching GameStop’s share price from its corporate fundamentals is a warning about the societal damage caused by bubbles inflating and popping. The end result of this destructive trend is a wealth transfer from the last buyers in the mob to the first buyers, with the last buyers being the bag-holders. Making leveraged bets on overvalued stocks is a game that must come to an end for any prudent investor.

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Jim Rickards’ Crash Speculator

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Dan Amoss

Dan Amoss, CFA, tracks aggressive accounting and other red flags that markets miss. He’s a student of the Austrian School of economics and Daily Reckoning fan since 2000. Agora Financial relies on Dan for macro market commentary as well as profitable plays like his 2008 call to readers to buy Lehman Bros. puts, which...

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