Not only did Elon Musk become the world’s richest man today, TSLA also passed FB today as the fifth largest company by market value.

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Not only did Elon Musk become the world's richest man today, TSLA also passed FB today as the fifth largest company by market value. How do you add a "T" to FAANG and make it catchy? pic.twitter.com/y4YYNZApyT — Jim Bianco (@biancoresearch) January 7, 2021 Spot the difference pic.twitter.com/Y21pTyvLrB — The Great Martis (@great_martis) January 7, … Read more

THE EXODUS IS HERE: Techxodus: The flight of terrified techies from California to Texas marks the end of one era, and the beginning of a new one.

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via tabletmag: The “pull” factors of Texas and similar conservative states—the absence of a state income tax, a pro-business (and anti-labor) political climate—are real enough. But these factors are not new—and if they were the real causes of the flight from California of industry and population, that flight would have occurred long ago, in the 1970s … Read more

Doug Casey on Whether the US Dollar is Headed for an Inflationary or Deflationary Collapse

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Via International Man International Man: In the past decade, the Fed’s money printing has created bubbles in stocks, bonds, real estate, and other many areas. It’s likely that the stimulus and money printing will not only continue but accelerate at breathtaking speeds in 2021. What do you think the prospects are for what the great … Read more

Edward Snowden: Facebook officially silences the President of the United States. For better or worse, this will be remembered as a turning point in the battle for control over digital speech.

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https://twitter.com/disclosetv/status/1347210550489583624 I know a lot of folks in the comments read this are like "YAAAAS," which, like—I get it. But imagine for a moment a world that exists for more than the next 13 days, and this becomes a milestone that will endure. — Edward Snowden (@Snowden) January 7, 2021 Anyone who celebrates the "de-platforming" … Read more

U.S. Mortgage Rates Hit Another Record Low With 30-Year at 2.65% (Crazy Money Printing By Fed)

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by confoundedinterest17 (Bloomberg) – Prashant Gopal – Mortgage rates in the U.S. started 2021 by setting another record low. The average for a 30-year, fixed loan fell to 2.65%, down from 2.67% last week and the lowest in data going back 50 years, Freddie Mac said in a statement Thursday. It was the 17th record low since the coronavirus … Read more

IRS Sends MILLIONS Of Stimulus Payment Direct Deposits To The WRONG BANK ACCOUNTS

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via silverdoctors: Mnuchin was pretty confident at the end of the year, and I’m not kidding about the payments being nothing more than a file: .@USTreasury has delivered a payment file to the @FederalReserve for Americans’ Economic Impact Payments. These payments may begin to arrive in some accounts by direct deposit as early as tonight and … Read more

Another Nail In The Coffin Of Big Cities

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BY JOHN RUBINO  The riots, political turmoil, and other banana republic embarrassments seem to be ending – for now. So let’s get back to examining the real problems of this hyper-leveraged, dangerously-complex world. Like how big cities might soon be obsolete: Pretend it’s 2019 and you’re living in a major US city. You, your spouse and … Read more

TSLA – Tesla market value today is more valuable than all the world’s major auto makers combined – what gives?

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by get_reddit_1 Tesla market value today (716 Billion) is about the same as the market value of all the world’s major car makers combined. In addition China’s BYDDY (86B) and Nio (78B) are both more valuable than Daimler (74B) even though NIO only delivered less than 40,000 cars in all of 2020 with huge loss. … Read more

Tesla’s incredible run continues, up 28% in the last month and 15% in the last week. Now at $3850 pre split and $770 post split

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by can_wien07 Over the last 3 months there were endless discussion and a analysis suggesting that the tesla bubble was going to pop anytime now. It appears that tesla is going to be permanently viewed as a ~600B company at minimum going forward. For those who are familiar with Gary Black. He provides nuanced projections … Read more