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
Sometimes life hits you hard. It knocks you down, and you have the decision to stay down or keep getting up. I was trained by the military to push forward, so whether it’s in an aircraft with faulty turbans or any other setback in life… successful people keep pushing forward. If you liked this clip,… Read More
Hedge-fund billionaire Steven Cohen deleted his Twitter account Friday following an uproar of thousands of Robinhood users. “I’ve really enjoyed the back and forth with Mets fans on Twitter, which was unfortunately overtaken this week by misinformation unrelated to the Mets that led to our family getting personal threats. So I’m going to take a… Read More
My first port of call was the South African embassy in Trafalgar Square. Politically naive, I walked past the anti-apartheid campaigners to the information desk. ‘I’m looking for a list of South African mining companies with offices in London,’ I said. ‘Here you go,’ said the nice-looking woman, handing me a large piece of paper… Read More
Something bad is taking place at Robinhood. One day after the company drew down on its bank lines and obtain a $1 billion rescue capital investment, the company found itself in lockdown mode, allowing just a handful of shares to be traded at a time, effectively shutting down in all but name (it couldn’t risk… Read More
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
Caitlin Long, CEO & Founder of Avanti Financial Group, joins Real Vision CEO Raoul Pal to discuss Bitcoin, Wyoming at the forefront of regulations, and the problems of custody for crypto assets. Long explains the benefits Bitcoin has over many traditional asset classes as well as the concerns brought about by unclear regulations. She sheds… Read More
A 31-year-old Florida man was arrested in West Palm Beach on Wednesday on federal charges that he conspired with several other people to use memes and social media platforms to trick Hillary Clinton voters into voting via text message, and that voting for Hillary would mean people’s daughters would be drafted to fight establishment resource… Read More
Authored by Steve Watson via Summit News, This video from the 15th October 2020 speaks for itself. During a town hall broadcast by ABC News just over a fortnight before the election, Joe Biden was discussing his tax proposals when he declared that in order to see them implemented he would need votes and approval… Read More
If you thought that 2020 was a difficult year, some experts are saying that 2021 will get worse before it gets better. From his perspective from the core of the financial system, today’s guest shares his economic predictions for 2021 and how the left is in what he calls the “hope phase.” Raoul Pal, the… Read More
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
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
*Last updated on 23 January 2021 Greetings investors, and welcome to the Q4 2020 list of hedge fund letters and reports! Learn from the top investors on Wall Street, gain insights into the economy and financial markets, and know what to expect for the rest of the year. These letters are from the top hedge… Read More
ESKOM, the South African power utility, said it had put contingency plans in place to prepare for excessive rainfall across Mpumalanga province which was expected to be hit by tropical storm Eloise as early as this weekend. Mpumalanga province is where most of Eskom’s coal mines and some of its power stations are located, but… Read More
You want to see the Weekly News Wrap-Up 1.22.2021? Go to USAWatchdog.com: https://usawatchdog.com/cheater-in-chief-political-persecution-biden-tanks-economy/Read MoreGreg Hunter
✅ Check Out Dave and Doug’s investment letter, “Contrarian Insider” (and get $50 off with coupon code gammon50!!) https://internationalman.com/biggest-gold-bull-market-ever?ref=2734 LYN ALDEN and I discuss portfolio that will HELP YOU profit from DOLLAR losing reserve currency status, click this link to check it out!! 🔥 https://www.georgegammon.com/portfolio For more content that’ll help you build wealth and thrive… Read More
The business intelligence software company MicroStrategy made headlines when it moved its funds into #Bitcoin this past summer. As Bitcoin rallied, it bought more, and the stock has now soared thanks to the bet. Our Daniela Cambone speaks with the company’s CEO, Michael Saylor, on why he thinks Bitcoin is the best reserve asset for… Read More
Volkswagen has been the latest automaker to be hit hard by the semiconductor shortage that is sweeping its way through the auto industry. The company has reportedly lost “tens of thousands” of vehicles in production in China as a result, according to Bloomberg. VW’s China head, Stephan Wollenstein, commented Wednesday: “It was hurting us already in… Read More
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
Update (2018ET): Portland’s KATU News says Portland Police are arresting protesters at the “J-20 march.” * * * A group of violent demonstrators gathered in Southeast Portland on Wednesday afternoon, hours after President Joe Biden and Vice President Kamala Harris were sworn in at the US Capitol. The leftist anti-government group appeared displeased with the new… Read More