WATCH: California Police Officers At Anti-Lockdown Protest Appear To STAND DOWN After Marine Vet With Megaphone Challenges Their Integrity

Inspiring! Wow.  Let me just start out by saying that no matter what your individual views on the coronavirus lockdown orders are, this video is going to give you the chills. Protesters in several California cities, including San Francisco, Huntington Beach, and Sacramento rallied on Friday, May 1st, with huge protests against Democrat Governor Gavin … Read more

Shanghai gold boss wants super-sovereign currency for post-crisis times

SHANGHAI, April 28 – The president of the Shanghai Gold Exchange (SGE) called for a new super-sovereign currency to offset the global dominance of the U.S. dollar, which he predicted would decline long term, while gold prices rally. Concern has mounted among some market participants over the dollar-denominated system as the U.S. Federal Reserve cut … Read more

BIDEN: Chris Dodd, VP Search Chief, Linked To Sexual Assault — Weinstein — China

Meet the team who will help Joe Biden pick his vice presidential running mate Biden’s vice presidential selection committee, announced Thursday morning, will include four co-chairs: Former U.S. Sen. Christopher Dodd; U.S. Rep. Lisa Blunt Rochester; Los Angeles Mayor Eric Garcetti; and Cynthia Hogan, former White House and Senate counsel to Biden. https://www.usatoday.com/story/news/politics/elections/2020/04/30/joe-biden-vice-presidential-selection-committee-announced/5156761002/ Ted Kennedy on … Read more

Why does Buffet urge investors to use EBIT and not Net Income as metric for valuating companies?

by mrcet007 Warren Buffett’s annual letter to Berkshire Hathaway shareholders https://fm.cnbc.com/applications/cnbc.com/resources/files/2020/02/22/2019ltr.pdf Charlie and I urge you to focus on operating earnings – which were little changed in 2019 – and to ignoreboth quarterly and annual gains or losses from investments, whether these are realized or unrealized. My assumption operating earnings = EBIT quarterly gains/losses = … Read more