YouTube/PeterSchiff, Released on 2/17/21 We don’t have a booming economy, we have a shopping spree. Food and energy prices on the rise. There is no gender pay gap, but new laws will create one. Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as … Read more
via libertyunyielding: University researchers say Joe Biden’s expensive $1.9 trillion “stimulus” plan will hurt our economy in the long run. As the Foundation for Economic Education explains: Scholars at the University of Pennsylvania’s Wharton School of Business analyzed the plan and found that the massive spending splurge—which costs roughly $13,260 per federal taxpayer—would only cause a “slight uptick” in economic growth … Read more
h/t SpontaneousDisorder
By Charles Kennedy Texas Governor Greg Abbott has banned the exports of natural gas until normal power supply is restored, Reuters reports, citing a statement by the governor. The export ban is in effect until Sunday, with Abbott noting, “That will also increase the power that’s going to be produced and sent to homes here in … Read more
By Irina Slav U.S. crude oil production has plunged by as much as 40 percent due to the Polar Vortex that brought freezing temperatures to swathes of the United States, most notably including Texas, where wellheads and pipelines froze. Now, this is turning into a global problem. Bloomberg’s Alex Longley writes that according to estimates by Citi, … Read more
by confoundedinterest17 Bubbles or no bubbles, that is the question. (Bloomberg) — Federal Reserve staff members gave a potentially more worrisome assessment of the risks to financial stability in the central bank’s policy meeting last month than the one presented publicly by Chair Jerome Powell. Speaking to reporters on Jan. 27 after the Fed’s last policy making meeting, Powell called financial … Read more
Yes everyone, I’m now aware that it’s spelled spigot. 😊 — Erica Simon (@EricaOnABC13) February 18, 2021 AC
TORONTO (Gray News) – A Canadian couple is looking forward to paying off bills and traveling the world after they won a $60 million lottery jackpot by playing numbers from a dream 20 years ago. Deng Pravatoudom, 57, has played the same lottery numbers for the last 20 years after her husband dreamed about them … Read more
https://www.cato.org/blog/affordable-care-act-cant-cover-little-girl-battling-cancer-what-hell-good-it
https://www.youtube.com/watch?v=zB6-Ae6a5n8 Collin Rugg from Trending Politics reports, During an interview on Sunday, Republican Senator Lindsey Graham said that former President Donald Trump was excited to get back into the world of politics and “hit the trail” after the Senate voted to acquit him over the weekend. Read More/Source/Credit/FairUse: https://trendingpolitics.com/ready-to…
https://www.youtube.com/watch?v=-bs1YcZfY3A Beth Baumann from Townhall reports, The small ammo manufacturer, Fenix Ammunition, has a word for those who supported President Joe Biden: if you want ammo, you’re going to have to go elsewhere. Read More/Source/Credit/FairUse: https://townhall.com/tipsheet/bethbau…
Cryptocurrency exchange Coinbase, which is preparing to trade publicly in the next few months, is being valued at $77 billion, based on trading of the company’s privately held shares on a secondary market. Those shares in the largest crypto exchange in the U.S. are changing hands on the Nasdaq Private Market at $303 a piece, … Read more
https://www.cnbc.com/2021/02/17/blackrock-has-started-to-dabble-in-bitcoin-says-rick-rieder.html BlackRock’s Rick Rieder told CNBC on Wednesday the world’s largest asset manager has begun entering the bitcoin space. The remarks from Rieder, who is BlackRock’s chief investment officer of global fixed income, came on the same day bitcoin broke above $51,000 for the first time. “Today the volatility of it is extraordinary, but listen, … Read more
by noodlesource Due Diligence of Bitcoin Mining stock valuations: RIOT and MARA Unlike the 2017/18 rise of Bitcoin, the 2020/21 Bitcoin price action has been largely driven and influenced by institutional demand. With institutional demand comes institutional products. We have seen bitcoin derivatives, bitcoin trusts, and more recently a new way for exposure to bitcoin … Read more
by spastichabits I owned 10 long options, with a strike price of 48. I closed those 10 options on Friday. My account registered nothing unusual. However, this sell to close order was processed 3 times for a net sell of 20 naked calls at 48. Despite the fact my account is not cleared for naked … Read more
And this is what the beginning of a bubble looks like. When they say… ignore the bubble… it's different this time. Those 4 words are uttered at EVERY top! And they come out of the mouths of "pros." pic.twitter.com/caffnw0Oix — Mark Minervini (@markminervini) February 17, 2021 Tesla has made ~$700,000,000 from purchasing #Bitcoin. If they … Read more
(Bloomberg) — Bitcoin’s incredible rally shows little sign of abating yet after the token jumped past $52,000 for the first time. The largest cryptocurrency was little changed in Asian trading Thursday at about $52,100 after a fivefold surge in the past year Bitcoin’s rally for some is emblematic of speculative froth in financial markets awash … Read more
The tech giants are openly flaunting their dominance over the planet and independent thought. It will no longer be allowed. In January the far left tech giants colluded together and then silenced the President of the United States. Then these tech thugs threatened the government of Australia. Just imagine what they could do to countries … Read more
Walmart (WMT), the nation’s largest private employer, is raising wages for 425,000 of its nearly 1.5 million employees. “We completed a strong year and a strong Q4 thanks to our amazing associates. They stepped up to serve our customers and members exceptionally well during a busy holiday period in the midst of a pandemic. Change … Read more
by Peter Krauth via Streetwise Reports Imagine your favorite company getting sued for holding too much cash. I know, that’s a big statement. But hear me out. Corporations, pension funds and insurance companies—anyone responsible to stakeholders—could one day face class action lawsuits if they don’t diversify into other reserves assets. It’s not beyond the realm of possibility, especially … Read more
by The Phoenix We’ve been outlining some pretty extraordinary items on these pages over the last few weeks. As a brief recap: 1. If you add up all of the money the U.S. has ever printed… over 40% of it was printed in 2020 alone. 2. In three months in 2020, the U.S. increased its deficit by more than it had … Read more
by Michael Snyder I know that most Americans don’t understand much about etiquette these days, but I still expected better than this. When someone passes away, it is customary to say positive things about the deceased. If you can’t find anything positive to say, then you should say nothing at all. At one time, it would … Read more
Numerous people were shot at a transit station in North Philadelphia Wednesday afternoon. Police say at least seven people were struck by gunfire around 3 p.m. local time at the Southeastern Pennsylvania Transportation Authority (SEPTA) station in the city’s Olney neighborhood. One suspect is in custody and two guns were recovered. The victims range in … Read more
CNN’s Abby Phillip: Biden is “torn” on schools because of powerful Democrat special interest groups, on CNN on 2/17/2021. Be sure to like, subscribe, and comment below to share your thoughts on the video.
https://twitter.com/SebGorka/status/1361798284470329354