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The Deep Dive, Released on 12/15/21 Coming back on the Daily Dive is one of our frequent guests, Lobo Tiggre from the Independent Speculator. He comes back to share his take on the high inflation rate (0:54) and the possibility of a stagflation (1:52). Lobo also talks about resources–giving his thoughts on the gold price … Read more
Hedge Fund Paid Researcher to Write Misleading Reports on Seeking Alpha I came across an intriguing story today. A hedge fund was exposed in court for paying a researcher to release false reports on popular financial site Seeking Alpha. From Bloomberg: One cautionary tale emerged in court after Dallas-based Sabrepoint Capital agreed to pay a short-selling researcher a … Read more
“As of August, Reddit said it had a valuation of about $10 billion after raising more than $400 million from Fidelity Investments Inc. In February, the social-media company said it had raised about $500 million at a $6.5 billion valuation.” https://www.wsj.com/articles/reddit-files-paperwork-for-initial-public-offering-11639625013?mod=markets_lead_pos6
BREAKING: Dr Oz refuses to state when he believes life begins. Refuses to answer question, tries to change the subject to the Constitution https://t.co/xpwuiK2QF7 — Jack Posobiec (@JackPosobiec) December 16, 2021
https://twitter.com/disclosetv/status/1471611801548857346
by max_wikstrom https://fred.stlouisfed.org/series/M1SL
by NoahDiesSlowly Answer: A number of reasons. the non-fungible (un-reproduceable) part of NFTs is usually just a receipt pointing to art hosted elsewhere, meaning it’s possible for the art to disappear and the NFT becomes functionally useless, pointing to a 404 — Page Not Found some art is generated based off the unique token ID, meaning … Read more
h/t NineteenSixtySix
New York (CNN Business)One of the more insidious myths this year was that young people didn’t want to work because they were getting by just fine on government aid. People had too much money, went the narrative. Only trouble is, the numbers don’t back it up. Instead, early retirement — whether forced by the pandemic … Read more
SCHNECKSVILLE, Pa. — The tractor-trailer lurches into gear. As the student driver turns the wheel, eyes swiveling from left to right, the 18-wheeler backs into a yellow box outlined on the pavement. But the truck’s wheels cross the line, a rookie mistake that could mean a collision on a city street or at a cargo … Read more
Hype is endemic in the world of cybersecurity, as is the spread of fear, uncertainty, and doubt. Lots of software has flaws; they can’t all be so bad. By all accounts, though, the Log4j vulnerability—also known as Log4Shell—lives up to the hype for a host of reasons. First is the ubiquity of Log4j itself. As … Read more
The exercise was called “Collective Strength” and took place at the beginning of December. The global “war game” included treasury personnel from 10 countries — Israel, United States, United Kingdom, United Arab Emirates, Austria, Switzerland, Germany, Italy, Netherlands and Thailand — as well as representatives from the International Monetary Fund, World Bank and Bank of … Read more
A longtime venture capitalist sees the religious dedication to Elon Musk, hype, and YOLO investing as almost a dot com-style pyramid scheme in the making. Just over two decades ago, Josh Wolfe co-founded Lux Capital, a New York City-based venture capital firm dedicated to investing in science and technology firms developing ideas with the potential … Read more
Adam White was part of Biden’s commission to look at Supreme Court reforms The scholar set out his views in a statement posted to the White House website after the commission’s report was published last week ‘To pack the court would impair the court, not improve it,’ he writes The commission steered clear of offering … Read more
WASHINGTON (AP) — The Food and Drug Administration is loosening some restrictions on where women can obtain abortion pills, including a long-standing requirement that the medication be picked up in person. Officials said Thursday that a scientific review supported broadening access and allowing more pharmacies — including mail-order services— to distribute the medication. https://apnews.com/article/coronavirus-pandemic-abortion-health-medication-a6634601a37fb048aecdd9f030e0863a
DECEMBER 15–Moments after robbing a Wells Fargo branch in Delaware, a man deposited some of the stolen loot in an ATM outside the bank’s front door, according to police who arrested the suspect on a felony charge. Investigators say that McRoberts Williams, 44, approached a teller Saturday morning at a crowded Wells Fargo in Wilmington … Read more
Brand new head of The Border patrol, Chris Magnus: -In his first message to his men, he referred to the swarm of illegal aliens flooding the border as follows: CBP’s work includes “welcoming and vetting travelers.” – 2007, he faced a lawsuit following accusations of making racist jokes towards black police officers while he was police chief of Richmond, … Read more
A large group of bikers stopped to buy lemonade from a little girl’s stand because her mother once helped some of the bikers after a motorcycle accident.
The US Treasury has blacklisted 34 Chinese companies and research institutes, with Washington accusing one of the named institutes of developing “brain-control weaponry.” The Chinese institutes and firms were added to the department’s ‘Entity List’ on Wednesday, joining more than 260 other Chinese businesses – including smartphone giant Huawei – already on the list. Placement … Read more
