G7 historic deal on global tax… 15%
Under the agreement, G-7 nations will back a global minimum corporate tax of at least 15%, U.K. Finance Minister Rishi Sunak announced in a series of tweets. The reforms will affect the largest companies in the world with profit margins of at least 10%. U.S. Treasury Secretary Janet Yellen, who is in London for the face-to-face … Read more
Collapsing star produces one of the most epic cosmic explosions ever seen
When some stars die, they collapse and go supernova, creating bright flashes of gamma rays and X-rays known as gamma-ray bursts. GRBs are thought to be the biggest explosions in the universe, and now scientists have observed one closer than ever before, leading to a surprise that challenges our understanding of the massive blasts that can … Read more
Global Companies Eying Hong Kong Exit
Apprehensive about Hong Kong’s future as the best place to do business in China and beyond, multinational firms are pulling up stakes, adding to uncertainty about the outlook for one of the world’s premier commercial cities. Buffeted by political upheaval, an authoritarian crackdown by mainland China and the pandemic, global companies and professionals are heading to rival … Read more
Wall Street traders betting against AMC… Investors buying meme stocks need to be ready for downside risks: Strategist
Some Wall Street traders are betting against another massive rally in AMC Entertainment Holdings Inc (AMC.N) and other “meme” stocks this week through a type of wager in the options market that would limit their losses should retail investors behind the run-up prove them wrong. A Reuters analysis of options data and interviews with market participants, including … Read more
The US Military Will Use Chinese-Made Drones
By Chris Black The future is now, old man! Or, to put it another way, despite the bellicose rhetoric, not to mention “hacking” accusations, the US military will use “made in China” drones, because reasons. Even if this story may not sound like much, it speaks to a bigger issue. This is the face of … Read more
When This Happens Gold Will 10x It’s Price: Lyn Alden
https://www.youtube.com/watch?v=5z_woCnM6Sc When THIS HAPPENS Gold Will 10x It’s Price – Lyn Alden | Latest Gold Price Prediction 2021 Lyn Alden, founder of Lyn Alden Investment Strategy compares the valuation metrics of gold, cryptocurrencies, and equities, and evaluates which of these, in her opinion, has “never been more expensive.”
The markets & the underlying economy are two different beasts but everything is pointing to Stagflation surely
Obv. The markets & the underlying economy are two different beasts but everything is pointing to Stagflation surely – Increased prices across the board is slowing demand. I just don’t see how the Fed maintaining or ramping up liquidity is going to help in any way. — NeilBFormy (@b_formy) June 4, 2021 https://twitter.com/TSStewart2/status/1401235887921455106 https://twitter.com/adamscrabble/status/1399779499617705991 Inflation … Read more
SCOTUS Just Made Huge Ruling Against Illegals
The Supreme Court ruled that people who entered the U.S. illegally can’t seek permanent residency just because they are now covered by a program that gives them temporary legal status. The justices on Monday unanimously ruled against Jose Sanchez and Sonia Gonzalez, a married Salvadoran couple who received Temporary Protected Status after El Salvador suffered … Read more
Amazon Devices Will Soon Begin Sharing Your Internet With Neighbors—And Other Small Business Tech News, get the feeling some of you know where this is going.
Here are five things in technology that happened this past week and how they affect your business. Did you miss them? 1 —Amazon devices will soon automatically share your internet with neighbors. Beginning on June 8, Amazon devices such as Echo, Alexa, and others will be enrolled automatically in the tech giant’s recently released … Read more
$AMC retail vs Wallstreet
by Unusual-Whales I know the $AMC narrative is retail vs hedge funds ONLY. But look at [flow](unusualwhales.com/flow) on June 2nd: you’d see whales making million dollar plays all day. Or a ten million dollar $AMC call: https://unusualwhales.com/alerts/c9e60810-708c-4d01-90a0-f81f49e0e343 Think that is retail? They love squeezes, too. Look out for large whales making big plays after these last … Read more
Gold Seems Stuck at $1900: Are Inflationary Fears Exaggerated?
by Arkadiusz Sieron of Sunshine Profits Gold is fluctuating around $1,900 amid a sideways trend in real interest rates and a decline in inflationary expectations. Gold surpassed $1,900 at the end of May. However, it has been struggling since then to rally decisively above this level. Instead, the price of the yellow metal has been oscillating around this level, as the chart … Read more
How Big Tech And Friends Used Capitalism to Wage an Ideological War on America
by Ryan McMaken of Mises Institute In twenty-first-century America, millions of Americans—Christians and social conservatives especially—are finding that the nation’s most influential institutions appear to be implacably hostile toward them. These institutions include universities, public schools, the news media, and government bureaucracies. Moreover, corporate America has increasingly embraced a posture of hostility toward groups considered to be “right wing” or … Read more
The deep wisdom of James Woods
NIGERIA BANS TWITTER AFTER IT DELETES PRESIDENT’S TWEET: [Nigeria’s minister of information and culture, Alhaji Lai Mohammed,] compared Twitter’s actions in Nigeria to those the company took after the riot at the U.S. Capitol in January, including banning the account of former President Donald J. Trump, he said during a news conference after the tweet … Read more
Someone bought 161K worth of shiba Inu in one trade!
That’s an awful amount of money for a dog meme crap coin, don’t you think? View post on imgur.com View post on imgur.com h/t JADR
NAKEDSHORTS trending on Twitter… Calling out Wall Street / SEC corruption & Collusion. OWS / Occupy Wall St for the new generation?
https://twitter.com/WSisFraud/status/1401005225645850632 Wtf is going on @SEC_Enforcement @SEC_News. Confidence in your markets are dwindling. Can’t turn your head forever. @matt_kohrs @TradesTrey @BAMinvestor @TaraBull808 @masked_investor @Timcast @stoolpresidente #nakedshorts #amc #amcshortsqueeze #AMCtothemoon pic.twitter.com/qqHSpv6Mhq — (no checkmark) on-onny-moose (@OnnyMoose) June 5, 2021 @SEC_Enforcement So about those #NakedShorts those Hedge Funds are using to lower AMC's price…. kinda illegal isn't … Read more
BIS caves to Russia’s gold-buying pressure: Huge impact on gold and silver
by Samuel Briggs via Kinesis Money This week, Andrew Maguire reveals that Russia is joining China in building huge, undisclosed physical gold reserves: The precious metals expert explains the resulting pressure piled on the BIS and the significant threat posed to dollar hegemony. As Basel III draws ever closer, Andrew Maguire reveals the BIS is ramping up competitive … Read more