GME’s latest Short Interest after Jan 22 EOD is 70.97M. Cost of borrowing also increased

by nafizzaki After Friday’s close, SI reached 70.97M from Jan 21’s SI of 70.46M. Institutional cost of borrowing also increased very slightly to 24.2%. GME SI left to the rightmost column(exported from ORTEX data) We know GME absolutely ripped in Friday due to gamma hedging. Some old shorts covering could have been the main reason … Read more

Investments are funny things. The higher the price, the more people want them.

Investments are funny things. The higher the price, the more people want them. — Peter Atwater (@Peter_Atwater) January 25, 2021 Over 32 million call options traded today, the 2nd most on record (highest was in November) pic.twitter.com/l5GmKhZyNK — Sarah Ponczek (@SarahPonczek) January 25, 2021 INVESTORS ARE AGGRESSIVELY DOING LONG U.S. STOCKS AND EXPECT THE U.S. … Read more

Mohamed El-Erian fears the Fed’s policies will lead to asset bubbles bursting

CNBC, Released on 1/25/21 “It’s the classic parenting problem: take away the candy and you’ll get a tantrum. But keep on suppling candy, it doesn’t make things any easier,” Mohamed El-Erian, economic advisor at Allianz and Gramercy and president at Queens College, Cambridge told CNBC’s “Squawk Box” Monday. “At some point you’ve got to really … Read more

The Mephistopheles Media

by Raúl Ilargi Meijer Ary Scheffer Faust in his Study c1840    The essence of the story of Faust is simple: He is a man who sells his -future- soul to the devil in return for short term gain, for riches “now”. But years later, the devil comes to collect his prize. Here’s a modern allegory.   … Read more

10 richest people fortunes rose by $540bn since March 2020, 200-500 million more in poverty

https://twitter.com/disclosetv/status/1353763784817582080 On day one of #WEF21, we released our #InequalityVirus report: https://t.co/PxhTOk4dGT We learned it took just 9 months for the 1000 richest people in the world to recoup their COVID-19 losses. But it could be 10 years before the world's poorest recover. #DavosAgenda pic.twitter.com/5wozKXqqJP — Oxfam International (@Oxfam) January 25, 2021   h/t Craiglang

Lyft fires driver for using her legally-owned & -carried firearm to protect her life

by DCG Cam Edwards from Bearing Arms and Townhall Media interviews the victim, Cynthia Nixon. Interview with her begins at the 4:34 mark. Forward to 20:28 mark where Cynthia discusses the conversation with Lyft and the carjacking incident. From Townhall: “Cynthia Norman is no longer able to drive for Lyft after using her lawfully-owned and legally-carried … Read more

Mike Maloney: ‘They have to steal your purchasing power or the financial system will collapse!’

Cambridge House International Inc., Released on 1/24/21 (Recorded on 1/17/21) *This interview was part of the The Vancouver Resource Investment Conference which took place virtually on January 17-19, 2021. Mike Maloney sits down with Cambridge House CEO Jay Martin to discuss the state of the current gold market, and how to place capital into gold … Read more

Biden’s “Buy America” policies may upset China

Biden to sign ‘Buy American’ executive order President Biden will sign an executive order Monday aimed at boosting his “Buy American” efforts, following years of “Buy American, Hire American” initiatives from his predecessor. The order, which the commander-in-chief will sign this afternoon, aims to increase domestic manufacturing by harnessing the purchasing power of the federal … Read more

Five ways to loosen Big Tech’s grip on your life

by Simon Black I imagine there are countless people right now who feel a wide range of emotions when it comes to Big Tech companies. Anger. Disgust. Confusion. Fear. We’ve watched with exasperation as Google, Facebook, Twitter, YouTube, etc. have systematically squashed intellectual dissent; their actions have been so commonplace that there’s even a name for … Read more