Decentralized Ponzi

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Photo Credits: Jared Enos, Stephan Mosel & Pine Tools || Ponzi would have appreciated the cleverness of wallstreetbets The operation of the “bull pool” at wallstreetbets resembles a Ponzi scheme. There are five things that make it different: It is decentralized. Because it is decentralized, there is no single party that controls it and rakes off some of the… Read More

We Have Some Bad News For Gamestop Shorts

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We have some bad news for GME shorts. Despite the posturing that this or that hedge fund has covered its Gamestop exposure, new shorts have simply taken their place, and as Ihor Dusaniwsky, head of S3 Partner which provides daily short interest tracking in real-time, the short interest – after all the recent fireworks –… Read More

Is This The Next Big Hedge Fund To Blow Up… And What Happens Next

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Yesterday afternoon, when Gamestop and a handful of the most shorted small cap stocks exploded to never before seen levels, we reported that Melvin Capital had emerged as the first casualty of the Reddit/WallStreetBets forced squeeze/bull raids, when it received an emergency $2.75 rescue loan from its previous investors, Citadel and Point72. The reason why… Read More

Covid-19 hit Yamana Gold 2020 production

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Total output was slightly affected by unexpected, although necessary, pandemic related restrictions imposed in December in Argentina, Yamana said. “We remain confident in Cerro Moro as we recognize that it would have met our production goals in the quarter except for the unexpected, although necessary, pandemic related restrictions imposed in December,” president and chief executive… Read More

David Stockman/Doug Casey (Out Of Control Government, $$$ Printing End Game, Society Breaking Down)

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✅ Check Out Dave and Doug’s investment letter, “Contrarian Insider” (and get $50 off with coupon code gammon50!!) LYN ALDEN and I discuss portfolio that will HELP YOU profit from DOLLAR losing reserve currency status, click this link to check it out!! 🔥 For more content that’ll help you build wealth and thrive… Read More

“Even Libertarians”: John Brennan Issues ‘List’ Of Ideologies Biden Intel Community Should Go After

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Well this is alarming and ominous to say the least… Former CIA Director John Brennan told MSNBC in an interview on inauguration day that the intelligence community under newly sworn in President Biden is “moving in laser-like fashion” to try and uncover dangerous plots against the country. Naturally, there’s been much of this worrisome commentary about… Read More