by irdadmin | Apr 21, 2016 | Financial Markets
The KMI fantasy continues to shrivel, along with its “vaunted” DCF and its CAPEX. The CAPEX narrative is part of what fueled the myth surrounding KMI. Richard Kinder is self-serving Ponzi master who learned his trade under Ken Lay at Enron. He was sucking...
by irdadmin | Apr 10, 2016 | Financial Markets
Kinder Morgan has amassed the largest midstream gas transporation asset base in the United States. It did this primarily through the aggressive use of debt issuance to fund acquistions. In order to fund its dividend and related dividend growth rate policy, Kinder...
by irdadmin | Apr 7, 2016 | Financial Markets
By 2015, KMI had become a personal cash piggy bank for Richard Kinder. Kinder owns 234 million shares. Before the dividend was cut 75% in late 2015, he was raking in dividend payments at a rate of $468 million per year. Basically he was running the Company like a...
by irdadmin | Jan 21, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
We’re headed toward another big credit explosion and I think what’s happened in the oil market is will trigger that. The perfect poster-child of what’s going to happen to the stock market is what’s happened to Kinder Morgan stock. –...
by irdadmin | Jan 20, 2016 | Financial Markets, Market Manipulation, U.S. Economy
I am impressed, you answered very promptly even on a busy day; Thank you for the note and the consideration of timing on my sign up. I appreciate both! I’m also already pleased with the value of your service. – Comments from two subscribers to the Short...
