Elon Musk’s SpaceX raised $850 million, jumping valuation to about $74 billion

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https://www.cnbc.com/2021/02/16/elon-musks-spacex-raised-850-million-at-419point99-a-share.html SpaceX completed a raise of $850 million last week, people familiar with the financing told CNBC, sending the company’s valuation to about $74 billion. The company raised the new funds at $419.99 a share, those people said, or just a cent below the $420 price that Elon Musk made infamous in 2018. SpaceX’s latest … Read more

FLOOD OF INFLATION INVESTMENT

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FLOOD OF #INFLATION INVESTMENT 👇👇👇 pic.twitter.com/1Q6qKRii3D — Win Smart, CFA (@WinfieldSmart) February 18, 2021 This will be here after Central Banks 🏦 pic.twitter.com/Mja1Zw2L3f — Win Smart, CFA (@WinfieldSmart) February 18, 2021 $FCX https://t.co/U5xTtAcKPH — Win Smart, CFA (@WinfieldSmart) February 18, 2021 At $7.56 trillion, the Fed's Balance Sheet hit another new high this week. The … Read more

Imagine if Jay Powell said this: “Financial vulnerabilities of the U.S. financial system are notable, and asset valuation pressures are elevated.” Impossible, right? But that’s *exactly* what the Fed’s own staff told the FOMC last month.

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Imagine if Jay Powell said this: "Financial vulnerabilities of the U.S. financial system are notable, and asset valuation pressures are elevated." Impossible, right? But that's *exactly* what the Fed's own staff told the FOMC last month.https://t.co/Ur6pqEoL5W — Brian Chappatta (@BChappatta) February 18, 2021 Junk Buyers Desperate for Debt Are Pressing Companies to Borrow [Bloomberg] I … Read more

OUTRAGEOUS Gun Control Bills: Family Psych Evals, $800 a Year “Insurance,” a PUBLIC Gun Registry, and More

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by Robert Wheeler Congress and the White House (currently, perhaps the most anti-Second Amendment collection of politicians ever to grasp the reins of power) are now pushing several bills to dismantle the right to keep and bear arms. United States Bill of Rights: Second-Amendment “A well regulated Militia, being necessary to the security of a … Read more

Jason Burack: Sprott Physical Trust (PSLV) Adds 20 Million Oz of Physical Silver In Under 1 Month!

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Wall St. For Main St., Released on 2/17/21 The Sprott Physical Silver Trust (PSLV) has been very busy adding a lot more physical silver lately! PSLV now has over 112 million oz of physical silver and almost 20 million oz has been added in under a month! Jason Burack is an investor, entrepreneur, financial historian, … Read more

Peter Schiff: Stimulus Checks Funded a January Christmas

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YouTube/PeterSchiff, Released on 2/17/21 We don’t have a booming economy, we have a shopping spree. Food and energy prices on the rise. There is no gender pay gap, but new laws will create one. Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as … Read more

BIDEN’S $1.9 TRILLION ‘STIMULUS’ WILL SHRINK THE ECONOMY: Hans Bader notes that even the Congressional Budget Office (CBO) agrees that in the long run, the Biden plan will shrink the economy.

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via libertyunyielding: University researchers say Joe Biden’s expensive $1.9 trillion “stimulus” plan will hurt our economy in the long run. As the Foundation for Economic Education explains: Scholars at the University of Pennsylvania’s Wharton School of Business analyzed the plan and found that the massive spending splurge—which costs roughly $13,260 per federal taxpayer—would only cause a “slight uptick” in economic growth … Read more

Texas Governor Bans Natural Gas Exports

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By Charles Kennedy Texas Governor Greg Abbott has banned the exports of natural gas until normal power supply is restored, Reuters reports, citing a statement by the governor. The export ban is in effect until Sunday, with Abbott noting, “That will also increase the power that’s going to be produced and sent to homes here in … Read more

Texas Freeze Causes Largest Ever U.S. Production Decline

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By Irina Slav U.S. crude oil production has plunged by as much as 40 percent due to the Polar Vortex that brought freezing temperatures to swathes of the United States, most notably including Texas, where wellheads and pipelines froze. Now, this is turning into a global problem. Bloomberg’s Alex Longley writes that according to estimates by Citi, … Read more

Fed Staff Suggest More Worry Over Financial Risk Than Powell (Ethereum Soars Along With Bitcoin)

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by confoundedinterest17 Bubbles or no bubbles, that is the question. (Bloomberg) — Federal Reserve staff members gave a potentially more worrisome assessment of the risks to financial stability in the central bank’s policy meeting last month than the one presented publicly by Chair Jerome Powell. Speaking to reporters on Jan. 27 after the Fed’s last policy making meeting, Powell called financial … Read more

LOTTERY PRECOGNITION: Woman wins $60 million lottery by playing the same numbers from her Husband’s dream for 20 years straight

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TORONTO (Gray News) – A Canadian couple is looking forward to paying off bills and traveling the world after they won a $60 million lottery jackpot by playing numbers from a dream 20 years ago. Deng Pravatoudom, 57, has played the same lottery numbers for the last 20 years after her husband dreamed about them … Read more

BOOM! Trump is READY to Get Back in the Arena and Here’s Why Dems and RINOs Better Watch Out!

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https://www.youtube.com/watch?v=zB6-Ae6a5n8 Collin Rugg from Trending Politics reports, During an interview on Sunday, Republican Senator Lindsey Graham said that former President Donald Trump was excited to get back into the world of politics and “hit the trail” after the Senate voted to acquit him over the weekend. Read More/Source/Credit/FairUse: https://trendingpolitics.com/ready-to…

BlackRock, the world’s largest money manager, is starting to “dabble” in Bitcoin

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https://www.cnbc.com/2021/02/17/blackrock-has-started-to-dabble-in-bitcoin-says-rick-rieder.html BlackRock’s Rick Rieder told CNBC on Wednesday the world’s largest asset manager has begun entering the bitcoin space. The remarks from Rieder, who is BlackRock’s chief investment officer of global fixed income, came on the same day bitcoin broke above $51,000 for the first time. “Today the volatility of it is extraordinary, but listen, … Read more

Due Diligence of Bitcoin Mining stock valuations: RIOT and MARA

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by noodlesource Due Diligence of Bitcoin Mining stock valuations: RIOT and MARA Unlike the 2017/18 rise of Bitcoin, the 2020/21 Bitcoin price action has been largely driven and influenced by institutional demand. With institutional demand comes institutional products. We have seen bitcoin derivatives, bitcoin trusts, and more recently a new way for exposure to bitcoin … Read more