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by Frank Holmes, CEO, U.S. Global Investors For the past 20 years, the Port of Los Angeles has been the busiest seaport in the Western Hemisphere, responsible for exporting commodities such as soybeans and raw cotton and importing everything from furniture to electronics. In 2020, container volume reached 9.2 million 20-foot equivalent units (TEUs), with … Read more
by Arkadiusz Sieron of Sunshine Profits Although dovish, Powell downplayed the bond yield rally. The Fed’s more tolerant stance on inflation is good for gold, but the metal may continue its bearish trend in the short-term. In the last edition of the Fundamental Gold Report, I analyzed the latest FOMC statement on monetary policy and economic projections. Today, I would like … Read more
by Sundance Interesting that Reuters would outline the walk-backs. Even more interesting that the details of the walk-backs seem to prove the DOJ never actually intended to win any of these cases, but rather wanted to advance a political narrative about extremists through their earlier statements. The approach of building a political narrative through false accusations … Read more
DARPA to take over Department of Health? Am I the only one listening to these huge BOMBS of info? So the secrete spying agency of the government is going to run health care under the guise of Cancer research? What planet have we landed on where this doesnt even get news coverage on even RIGHT … Read more
Seriously, people that work full time can’t afford to rent a place within commutable distance to their job, so now that everyone is priced out of the rental and real estate market, they are trying to buy RVs and mobile living spaces. This guy breaks it down pretty well, coming soon to Seattle and other … Read more
Sen. Ron Wyden, D-Ore., is pushing for legislation to expand U.S. manufacturing of semiconductors, batteries and other technology – but his wife recently purchased at least $2,000 worth of stock in American semiconductor manufacturing tool companies. Wyden’s wife Nancy Bass Wyden purchased between $2,002 and $30,000 in stock from two companies, Applied Material Inc. and KLA Corp., on Feb. 26, … Read more
The Washington Post’s opinion writer Jennifer Rubin wants President Joe Biden’s administration to begin fact-checking the White House press corps. Rubin, once described as The Post’s “conservative opinion writer,” centered her argument around the situation at the border. Reporters have pushed the administration on whether it should be called a “crisis” as the area experiences a surge … Read more
Fact check? All over the country the lizard people conspiracy theorists spit their Dewar's out all over their screens and shouted "i knew it" https://t.co/ztScE3Ehht — Tim Pool (@Timcast) March 25, 2021 h/t BFD
Investors should avoid the impulse to time the market, new data from Bank of America shows. Looking at data going back to 1930, the firm found that if an investor sat out the S&P 500′s 10 best days per decade, total returns would be significantly lower than the return for investors who waited it out. … Read more
https://twitter.com/scootdooby/status/1370708245187289089 Two-thirds of entry-level tech jobs go to compliant foreign guest-workers, not to the young American professionals who may create a new wave of establishment-shaking companies, according to a report from Bloomberg. In 2018, “the U.S. had between 96,000 and 143,000 openings in IT occupations that typically went to candidates with a bachelor’s degree or … Read more
WASHINGTON/HONG KONG (Reuters) – Shares in dual-listed Chinese companies fell sharply on Thursday in Asia after the U.S. securities regulator adopted measures that would kick foreign companies off American stock exchanges if they do not comply with U.S. auditing standards. The move by the Securities and Exchange Commission (SEC) adds to the unprecedented regulatory crackdown … Read more
Earlier this month, Sen. Elizabeth Warren blasted corporate share repurchases as “nothing but paper manipulation.” According to the Massachusetts Democrat, when a company buys back its own shares, it merely cheats the system. “They got a little fluff-and-buff in their stock,” Warren said. “And how did they do that? By taking their excess cash and saying, ‘Geez, … Read more
By Jon Hall After automotive giant Ford announced it’s moving a project worth almost $1 billion dollars from Ohio to Mexico, the Biden administration remains silent. In December, Biden vowed to be “the most pro-union President” but has revealed plans of raising the corporate tax rate. Whilst on the surface, an increase might seem of benefit to workers, it’s anything but. The … Read more
One reason this is bad. CNN 2019: "the Defense Department network consistently ranks in the top tier of internet service providers for trafficking child pornography"https://t.co/Kkqisd0AZV — Whitney Webb (@_whitneywebb) March 23, 2021
https://youtu.be/Uy5oym-qFn4 This is a great vid from Ice Farmer on the engineered food crisis. It’s pretty important. (imho) Tenth of world trade halted as container ship blocks Suez Canal Oil analytics firm Vortexa said 10 tankers carrying 13 million barrels of crude could be affected. Oil prices rose more than 2 percent. Five LNG tankers … Read more
BINGO! So, in the next war they drag us into, who will it be with? The Federal Reserve has trapped themselves; either they raise interest rates and bankrupt the Treasury, or they don’t raise rates, let inflation spiral out of control, and bankrupt the American people, said Peter Schiff, chief market strategist at Euro Pacific … Read more
An astonishingly sweeping, radical movement to level cities and states is underway, propping up the failures and pounding down those that have been successful. Most everything is being federalized. The role of cities and states as we have known them – as laboratories of democracy – is being eviscerated. It’s being financed by both the United States Treasury and … Read more
by David Robertson Warren Buffett’s view of the glory days as part of the much-awaited letter to shareholders. It provided a typical mix of transparent reporting of business results, dollops of investment wisdom, and occasional witticisms. As usual, it also offered a hearty tribute to entrepreneurialism in the US. Many of the stories are inspirational … Read more
Amazing what is happening with $GME. May be one of the first and last times in history that a company has been completely transformed without a proxy battle (although Hestia/Permit set the stage). This is incredible. Maybe @elonmusk and @chamath should join @ryancohen on BOD? pic.twitter.com/4JVWj6N9Mn — DOMO Capital Management, LLC (@DOMOCAPITAL) March 24, 2021 … Read more
