VIDEO: Interesting breakdown of the Gamestop situation

by

Gamestop has recently been the subject of an incredible financial event. The struggling retailer has been weaponized against wallstreet hedge funds in a way that necessitates multi billion dollar cash bailouts, market manipulation, and perhaps even… SEC regulation as an army of retail investors take down some of the most powerful financial players in history. … Read more

Unsound Banking: Why Most of the World’s Banks Are Headed for Collapse

by

by Doug Casey via International Man You’re likely thinking that a discussion of “sound banking” will be a bit boring. Well, banking should be boring. And we’re sure officials at central banks all over the world today—many of whom have trouble sleeping—wish it were. This brief article will explain why the world’s banking system is unsound, … Read more

Liberals fleeing to Austin, TX which now resembles other filthy demorat-run cities

by

by DCG For some time liberals have been fleeing to Austin, Texas. As Breitbart reports, many BigTech workers are now getting in on this movement, too. From their report: “Employees of tech companies in San Francisco, California, can’t leave the city fast enough, fleeing for the potential tech hubs of tomorrow such as Austin, Texas, and … Read more

It’s Time To Bail On Facebook

by

BY JOHN RUBINO The mass migration out of corporate social media is happening for good reasons. If you’re sick of the censorship and concerned about the spying, just say goodbye to Facebook, Instagram, and Twitter. And join DollarCollapse.com at MeWe, the Facebook alternative that doesn’t censor or spy on its members. The DollarCollapse page,  where content from … Read more

Fear is Gone, Complacency Rules, Higher Prices on the S&P 500 with Chris Vermeulen

by

from Kerry Lutz’s Financial Survival Network Caution is the byword. Bonds are coming back to life and utilities are bouncing back. Defensive money is heading into safety. The markets need to take a break. Big volatility coming to the markets. The VIX can be deadly. Chris Vermeulen no longer trade it. Watch out for the Boyz. Investors have … Read more

Elon Musk Is The World’s Richest Man

by

by visualcapitalist 2021 has been touted as a year of change. And as far the pecking order of global wealth goes, the new year has already delivered. Just six days in, Elon Musk had already lapped Jeff Bezos to become the world’s richest person in 2021 with a personal net worth of $188 billion. How did this … Read more

China sharpens language, warns Taiwan that independence ‘means war’

by

China toughened its language towards Taiwan on Thursday, warning after recent stepped up military activities near the island that “independence means war” and that its armed forces were acting in response to provocation and foreign interference. Taiwan, claimed by China as its own territory, reported multiple Chinese fighter jets and bombers entering its southwestern air … Read more

Why GameStop matters…

by

For every $11.00 the price of GameStop shares goes up, the banks lose about a billion dollars. 2008’s housing market collapse only cost the banks around 50 billion. $1000 GME/Funcoland is WORSE FOR THE BANKS THAN THE 2008 HOUSING MARKET CRASH. This is going to crash the entire financial system. And it’s not limited to … Read more

Compared to Europe and China, America Is Still a Safe Bet

by

by Daniel Lacalle via Mises Many financial experts have rushed to make what has been regarded as “Biden trade” calls based on the projections by the Associated Press, NBC News, and other news outlets of a Joe Biden presidency. The “Biden trade” is a synonym of a recommendation to invest in assets that may benefit from a Democratic presidency … Read more

What Gamestop Means for the Broader Market

by

by Graham Summers of Gains, Pains, & Capital Stocks have entered a kind of speculative frenzy. You’ve no doubt heard or read about Gamestop (GME) the bricks and mortar video game retailer. The company has been in trouble for months, failing to turn a profit since 2018. And this is happening despite revenues growing. Because of this, hedge funds have … Read more

This is war! The end of stock market!

by

Emergency Press Conference – The Suits Shut Down @wallstreetbets @WSBChairman My prediction is tomorrow will be intergalactic for $amc $gme $nok (Im not a financial adviser. Don’t listen to me) pic.twitter.com/oYrsPOz8Vx — Dave Portnoy (@stoolpresidente) January 28, 2021