Advertisements Michael Burry Subpoeaned By SEC Over GameStop Investigation Michael Burry will always be remembered for being more than a year early to the greatest ‘meme stonk’ trade of all time: way back in 2019, Burry laid out a long-term bull case for GameStop and said Scion, his hedge fund, had purchased a long position in GME. Years later, after selling at least some of […]

Advertisements Why The West Can’t Ban Bitcoin The Way China Did Authored by Mark Jeftovic via BombThrower.com, Only a complete “dictatorship of the proletariat” can kill Bitcoin Evergrande is being called China’s “Lehman moment” and overnight the PBC closed the loop on their clampdown on crypto with a total ban on virtual currency transactions. For those paying attention, however, China isn’t just moving against crypto, […]

Advertisements First Weekly Outflow From Stocks In 2021 After a tremendous stretch of non-stop weekly inflows into mutual funds and related investment products since before the start of 2021, the latest week showed net selling of equities for the first time this year. According to EPFR, net flows into global equity funds turned negative in the week ending September 22 to the tune of -$28.6BN […]