GBTC ETF is significantly underperforming Bitcoin. GBTC’s 2% expense ratio is generating $740 million in annualized fee income for its management!

Ref: https://www.barrons.com/articles/grayscale-bitcoin-trust-fund-etf-price-51637689328 With $37 billion in assets, the Grayscale trust GBTC is the world’s largest Bitcoin fund. It towers over every other fund on the market. Investors have flooded into the Grayscale trust because it owns Bitcoin directly. Its largest holder is Ark Invest, the fund shop run by Cathie Wood, which has invested $375 million … Read more

Monday Morning – Be Patient

by HSeldon2020 The S&P futures market opens in about an hour and will give a pretty good indication if the selling pressure has abated or plans to continue. Key here is patience. Buyer and Sellers are both going to be looking for signs of a definitive direction before committing. This means that gaps up can be … Read more

‘More money than God:’ Chinese titan lavished Hunter Biden with 3-carat gem, offer of $30 million

The Biden family offered their services to a huge, Chinese-government-linked energy consortium to expand its business around the world. How do we know? Because of hundreds of emails documenting the deal found on Hunter Biden’s laptop, left in a Delaware repair shop in April 2019. In her new book, “Laptop from Hell,” New York Post … Read more

More Public Debt Is Coming: Another Gold Rally Ahead?

by Arkadiusz Sieron of Sunshine Profits Democrats are not slowing down – the social spending bill follows the infrastructure package. Will gold benefit, or will it get into deep water? Will the American spending spree ever end? On Monday last week (November 15, 2021), President Biden signed a $1 trillion infrastructure package, and just a few days later, Biden’s … Read more

Contra Costa District Attorney Announces Arrest and Charges Against the Defendants in Organized Retail Theft Operation.

via contracosta.ca.gov: The Contra Costa District Attorney’s Office announces Felony charges have been filed related to the retail thefts at Nordstrom, Walnut Creek on November 20, 2021, when approximately 90 individuals stormed the Nordstrom Department Store in Walnut Creek simultaneously using three separate entrances. Three people have been arrested by the Walnut Creek Police Department: Dana … Read more

China’s real estate uncertainties persist, fueling market anxiety

While the plunge in Evergrande’s shares has abated, the volatility in other Chinese real estate companies has continued this month. The consensus among economists is that the real estate slump is contained, since it’s driven by a top-down government decision to limit reliance on debt in the property industry. Foreign investors say they are largely … Read more

WEF is canceling the 2022 Open Forum in Davos due to death / violent threats

Gee, that must mean they are doing something wrong to upset the people. English: https://news.in-24.com/news/318954.html https://remonews.com/switzerlandeng/wef-davos-death-threats-open-forum-wef-canceled-news/ Let it load till it translates. https://www-suedostschweiz-ch.translate.goog/wirtschaft/wef-streicht-wegen-heftiger-drohungen-das-open-forum?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=nui View post on imgur.com View post on imgur.com   h/t REINBLUT