Investment Watch Blog

Malaysian cops seized and destroyed 1,069 bitcoin mining rigs by crushing them with a steamroller — after the miners allegedly siphoned off almost $2 million worth of electricity to power the energy-intensive machines.   The machines, which were estimated to be worth about $1.25 million, were seized in a joint operation carried out by police … Read more

https://youtu.be/gixagrcOez8  

BY JOHN RUBINO Short-term interest rates are now as negative as they were in the inflationary 1970s. But that’s where the similarity ends. As the above chart shows, 1970s indebtedness was relatively modest as a percentage of GDP, which gave that financial system the resiliency to withstand the double-digit interest rates necessary to throttle inflation and … Read more

Too Much Money Chasing Too Few Goods and Services Inflation can be considered a tax, an especially regressive one, falling harder on those with lower income and/or assets. Yellen is quite concerned about hotter inflation and housing market The U.S. Treasury Secretary Yellen is now also concerned about hotter inflation and the housing market. On … Read more

Beijing has made a new move to counter the increasing influence of the US and India in Asia.CRIP- an alliance of China, Russia, Pakistan and Iran may emerge as a counterforce to Quad. With each member of CRIP reaping mutual benefits, it comes as no surprise that autocratic nations allied against the countries with democratic … Read more

by Lance Roberts Knowledge vs. experience. When it comes to investing, such is what separates long-term success from failure. Amid a “market mania,” retail investors believe they have “knowledge” as every investment they make seems to be successful. As the bubble inflates, continued success breeds over-confidence to the point where it is widely believed “this time is different.” I previously discussed … Read more

Katie Hopkins will be deported ‘as soon as possible’ after her visa was cancelled overnight for boasting about breaking quarantine rules on social media. Channel 7 has dropped Katie from a slated TV appearance.   The federal government says her visa has now been cancelled.   Full story here…

As Democrat-run cities defund the police amid the crime crisis, residents say “it’s a war zone,” during a segment on CNN’s “CNN Newsroom” with Poppy Harlow and Jim Sciutto on 7/19/2021. Be sure to like, subscribe, and comment below to share your thoughts on the video.

by Martin Armstrong The latest is that Trump could be criminally charged for tax evasion by paying for some benefit to an employee rather than salary. The Internal Revenue Service (IRS) was looking at taxing frequent flyer bonus points as income to an employee when the company pays for the flight, but the employee uses the bonus point … Read more