Loading ...The Co is as safe as Israel is,…plus it is Israeli royalty, it was formed at the same time as Israel was and was heavily involved with the formation of Israel, smuggling in the arms they needed to gain independence…..it is also strong Mossad connections…ie part of the Israeli state.
Plus it has only briefly listed in New York ,so I think the mkt has not worked out yet how to price it …..hence it being so cheap, relative to it’s dividend.
As to the Fed…..plenty of people said they wud end up between a rock and a hard place…well they have and now we see that not only was QE for 14 years plus insane, but it financed all this woke crap, which is starting to blow up.
just ystdy I was talking to a friend who works in IT for a large Co, he said he can’t get anything done and neiother can anyone else, because so many of the staff are all off talking/doing woke shiite….he said it is completely out of control….SVB went down tks to Woke …..it wasn’t just the Bonds, it was a Woke loan book, that was blowing up as well.