US20LT20inflation Y2YmMI

IceCap Asset Management: The Story Of The Year

IceCap Asset Management: The Story Of The Year Submitted by Keirh Dicker of IceCap Asset Management, as excerpted from the May 2021 report: “Californication” The Elephant in the Room Since we now know the extreme monetary policy implemented by the Americans is actually less extreme when compared to the Japanese, the Europeans, the Chinese, the Canadians and others, then there must be something else happening […]

Read more

Life Insurance & COVID-19; Something Doesn’t Make Sense

Life Insurance & COVID-19; Something Doesn’t Make Sense Authored by Jeff Harris via The Ron Paul Institute for Peace & Prosperity, You would think that during the worst Pandemic since the 1918 Spanish Flu life insurance companies would be hedging their bets to avoid major losses from Covid-19. I haven’t written a life policy for several years so I was wondering what was going on? […]

Read more
2021 05 25 09 11 48 INV1uM

US Department of Commerce Head Announces Chip Funding Could Result In Ten New Plants 

US Department of Commerce Head Announces Chip Funding Could Result In Ten New Plants  At an event outside a US Micron Technology Inc chip factory on Monday, Commerce Secretary Gina Raimondo told an audience that a proposed bill on Capitol Hill for $52 billion could bolster domestic semiconductor manufacturing by funding seven to 10 new US factories, according to Reuters. Raimondo told the audience in a […]

Read more
image 108 yapVqp

Country risk: the best and worst places to mine

2021.05.23 Alongside management and location, country risk is one of the most important factors to consider in deciding whether to invest in a mining property. Resource nationalism is the tendency of people and governments to assert control, for strategic and economic reasons, over natural resources located on their territory. It has been identified as one of the key risks for investors in the natural resources sector. […]

Read more
warren1 GEqI0q

Does Bitcoin Use “Too Much” Electricity?

Does Bitcoin Use “Too Much” Electricity? Authored by Allan Stevo via The Mises Institute, US senator Elizabeth Warren claimed last week that bitcoin uses too much electricity. In doing so, she makes a judgment about the “correct” amount of electricity use. But it raises the question of who is entitled to make such a judgment. It’s fine for Warren to judge for herself, but it’s not […]

Read more
lifeguard20teaser nFialx

The $392,000 Lifeguard: “Baywatch” As Union Shop

The $392,000 Lifeguard: “Baywatch” As Union Shop Submitted by Adam Andrzejewski, CEO and founder of OpenTheBooks.com, Being a lifeguard isn’t easy, but in Los Angeles it can be lucrative. Auditors at OpenTheBooks.com found 82 county lifeguards earning at least $200,000 including benefits and seven making between $300,000 and $392,000. Thirty-one lifeguards made between $50,000 and $131,000 in overtime alone. A lifeguard keeps watch in Huntington […]

Read more
20 0 YXU5oD

Sweden Records More Than 30K Cases Of Side Effects Tied To COVID Jabs

Sweden Records More Than 30K Cases Of Side Effects Tied To COVID Jabs As Europe pushes ahead with its vaccination program, the Nordic countries are reporting a surge in damaging side effects. In the country, the tally has surpassed 30K with the majority of these reactions reported in patients who received the AstraZeneca jab. Sweden’s Medical Products Agency reported that as of last week, the […]

Read more
BRK20Q12020212013F cZOkeW

Berkshire Dumps Wells, Exits Synchrony, Sells Half Of Chevron, Adds New Stake In Aon: Full 13F Summary

Berkshire Dumps Wells, Exits Synchrony, Sells Half Of Chevron, Adds New Stake In Aon: Full 13F Summary While Berkshire’s portfolio made headline news a few weeks ago when the company held its annual report, moments ago Berkshire Hathaway filed its Q1 13-F which provided a more detailed glimpse into its holdings as of March 31, 2021. It showed two exits (Synchrony Financial and Suncor), one […]

Read more
0000870911 resized andremarinusderuyter05171022duane e1592932457167 696x391 8cfJ8W

Eskom approves Duvha coal deal enabling South32 to complete SAEC sale to Seriti

Andre de Ruyter, CEO, Eskom ESKOM, the South African utility, has given its approval for an increase in the cost of coal from the Ifalethu coal mine to its Duvha power station – a development that will see the sale of South32’s majority stake in South African Energy Coal (SAEC) to Seriti Resources concluded on June 1. Eskom said today the South African National Treasury […]

Read more
morpheus think value adding2028129 x2nLkI

Luongo: The Coming Apotheosis Of The Banks

Luongo: The Coming Apotheosis Of The Banks Authored by Tom Luongo via Gold, Goats, ‘n Guns, About a year ago in a Private Blog post on Ask-Socrates.com Martin Armstrong let it slip that the real plan of The Davos Crowd with the Great Reset was to replace the traditional banking system with the central banks. I’ve talked about this obliquely in previous posts noting that Modern Monetary Theory (MMT) doesn’t require […]

Read more
top 50 social media influencers XcJcH9

These Are The World’s Top 50 Social Media ‘Influencers’

These Are The World’s Top 50 Social Media ‘Influencers’ In the modern digital world, social media reach is power. The people with the most followers on Twitter, for example, have a massive platform to spread their messages, while those with large, engaged followings on Instagram are an advertiser’s dream sponsor partner. Social media can also be an equalizer of power. As Visual Capitalist’s Omri Wallach […]

Read more
no20credit20score20needed fvq2ND

JPMorgan, Others To Unveil Credit Cards For People With No Credit Scores

JPMorgan, Others To Unveil Credit Cards For People With No Credit Scores After a year of clamping down on new credit card, mortgage, and commercial loan issuance in the aftermath of the COVID pandemic, US commercial banks are planning to issue credit cards to people with no credit scores.  WSJ reports JPMorgan, Wells Fargo, and US Bancorp, and others will extend credit to people who cannot obtain […]

Read more
core20consumer uLfoZL

Biggest Rise In Consumer Prices In More Than A Decade Is Understated By Half

Biggest Rise In Consumer Prices In More Than A Decade Is Understated By Half Submitted by Joseph Carson, former chief economist of Alliance Bernstein Inflation has arrived, evident by the 4.2% gain in the consumer price index over the past twelve months. But the most significant increase since 2008 still is not fully capturing “experienced” inflation since it is missing the rise in housing inflation. […]

Read more
colonialpipelinemap 0 2205pR

Nearly 2,000 Gas Stations Out Of Fuel As Panic-Hoarding Hammers Southeast

Nearly 2,000 Gas Stations Out Of Fuel As Panic-Hoarding Hammers Southeast Gas stations from Florida to Virginia ran dry, and prices at the pump skyrocketed late Tuesday, as the hack attack on the biggest U.S. fuel pipeline extends into the fifth day.  On Tuesday evening, 17 states and Washington, DC declared emergency declarations to address fuel shortages.  The emergency declaration covers Alabama, Arkansas, D.C., Delaware, […]

Read more
bill gates pool parties 07 N7taUH

“His Womanizing Was Well Known”: Flood-‘Gates’ Open As Biographer Details Microsoft Founder’s Salacious Past

“His Womanizing Was Well Known”: Flood-‘Gates’ Open As Biographer Details Microsoft Founder’s Salacious Past Before Bill Gates was known as an elitist nerd masquerading as a leading vaccine expert, the Microsoft co-founder was a hard-partying womanizer who recruited local strippers to attend naked pool parties, and had major issues with infidelity even after marrying Melinda, according to a biography. The Microsoft co-founder’s wild lifestyle was […]

Read more
fgfdgdgdgfd 768x431 WpcIQD

New Military Letter Warning Of Civil War In France Gains Over 220,000 Signatures

New Military Letter Warning Of Civil War In France Gains Over 220,000 Signatures Via South Front, A group of currently serving French soldiers has published an open letter warning President Emmanuel Macron that the survival of France is at stake after his “concessions” to Islamism. The French government condemned it, as well as a similar letter in April. This previous letter was signed and published […]

Read more
china20cpi20may 0bvtPS

Rabo: “Transitory” Inflation Today; Price Controls And Rationing Tomorrow?

Rabo: “Transitory” Inflation Today; Price Controls And Rationing Tomorrow? By Michael Every of Rabobank Pricing and Poetic Justice With global cargo routes log-jammed; a key US oil pipeline still shutdown, leading to another backlog of ships idling off-shore; log-jammed cargo ships off the Israeli port of Ashkelon watching missiles being fired overhead; the US navy interdicting a ship full of Iranian-supplied weapons in the Red […]

Read more

Links 5/10/2021

Scientists Have Studied the Mysterious Behavior of Cats Sitting on Squares Vice (JD). Bunny, the dog that can “talk,” starts asking existential questions Salon (DL). Kentucky Derby winner under scrutiny after positive post-race test Racing Post (Re Silc). How America Became the Money Laundering Capital of the World The New Republic. “The threat of a prison sentence is much more persuasive than the threat of […]

Read more
horseshoe20bat20flying201 3 JAtiGE

Chinese Military Discussed Weaponizing COVID In 2015 ‘To Cause Enemy’s Medical System To Collapse’

Chinese Military Discussed Weaponizing COVID In 2015 ‘To Cause Enemy’s Medical System To Collapse’ In 2015, Chinese military scientists discussed how to weaponze SARS coronaviruses, five years before the COVID-19 pandemic emerged in Wuhan, China – where CCP scientists were collaborating with a US-funded NGO on so-called ‘gain of function’ research to make bat coronaviruses infect humans more easily. In a 263-page document, written by […]

Read more
2021 04 30 ibi5dxxkjo u80wO4

The Port City That Could Become Europe’s First Big Hydrogen Hub

The Port City That Could Become Europe’s First Big Hydrogen Hub Authored by Alan Mammoser via OilPrice.com, Look to ports for the nascent green hydrogen economy   Hydrogen, produced without carbon emissions, will find use in many sectors of a future ‘hydrogen economy.’ Its high energy intensity can make it the basis of fuels that reduce carbon emissions in the ‘hard to abate’ transportation and industrial […]

Read more