Knowledge Vs. Experience: Why Most Investors Wind Up Losing

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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

Trump & Tax Evasion

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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

The Government Is Culpable for America’s Retirement Crisis

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by: Stefan Gleason America faces a retirement crisis. The chairman of the world’s largest asset management firm is sounding the alarm. BlackRock CEO Larry Fink told CNBC last week that he sees a “silent crisis of retirement.” Fink cited ultra-low interest rates, combining with elevated inflation rates, as steadily diminishing the real value of retirement savings. “People … Read more

THE COLORADO RESISTANCE: Jefferson County Sheriff won’t enforce Foothills concealed carry ban; says civil offense the district’s responsibility.

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via completecolorado: Jefferson County Sheriff Jeff Shrader has sent a letter to the Foothills Parks and Recreation District (FPRD) clarifying any role his office would play in a possible future regulation to ban the concealed carry of a firearm by lawfully-permitted citizens on district-managed property. “I have substantial concern in taking action against an individual who … Read more

South Africa – The First Country Built on “Critical Race Theory” – Officially Implodes

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“South Africa is disintegrating… For decades, the South African economy has been shaped by a policy known as Broad Based Black Economic Employment…Companies receive a BBBEE scorecard based on hiring black workers, elevating black management, and giving black South Africans a share of ownership. Companies with high BBBEE scores are given favorable tax treatment and … Read more

More than 20 US diplomats in Vienna have injuries from ‘attack by microwave or radio wave weapons’

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There are more than 20 new cases of the ‘Havana Syndrome’ reported by American diplomats in Vienna, Austria The ‘Havana Syndrome’ is a mysterious illness that got its name after diplomats in Havana developed the same symptoms in 2016 and 2017 While there’s no definitive cause, the symptoms are same:  headaches, dizziness and symptoms consistent with concussions  Some … Read more

Crypto Crash…Doge Creator Trashes Crypto as Right Wing..Exits Space

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Jackson Palmer, the co-creator of the meme-inspired cryptocurrency dogecoin, made a rare return to Twitter on Wednesday with some harsh words about crypto in general. “I am often asked if I will ‘return to cryptocurrency’ or begin regularly sharing my thoughts on the topic again. My answer is a wholehearted ‘no,’” Palmer tweeted on Wednesday. … Read more

DeSantis slams Biden administration’s ‘double standard’ on Cuban immigrants

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Florida Gov. Ron DeSantis took aim at President Joe Biden’s immigration policies over the weekend, accusing the administration of having a double standard when it comes to allowing Cuban migrants. “They have a hundred-times stronger case for political persecution leaving a communist dictatorship than the other migrants who are coming across the border who are … Read more

US, UK, and EU warn China to stop malicious cyber operations.

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https://twitter.com/disclosetv/status/1417077140215025668 Microsoft Exchange hack caused by China, US and allies say WASHINGTON (AP) — The Biden administration and Western allies formally blamed China on Monday for a massive hack of Microsoft Exchange email server software and accused Beijing of working with criminal hackers in ransomware attacks and other cyber operations. The announcements, though not accompanied by sanctions … Read more

Now what! A stainless steel shortage?

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My material suppliers are saying there’s a shortage of stainless steel for fabrication purposes. I’m talking 300 series stainless, of which my company has used quite a bit. Very difficult to come by now, if not impossible. Stainless is used in many applications, and likely there’s some within your field of view right now. https://en.wikipedia.org/wiki/Stainless_steel … Read more