Walgreens to close seventh San Francisco store due to looting without consequences

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by DCG Demorats never learn. In 2014 California voters approved Prop 47 which downgraded certain felonies to misdemeanors. Significantly, the new measure mandated that any theft below $950 would be a misdemeanor. Last year they elected the radical district attorney Chesa Boudin. Chesa is the son of Weather Underground terrorists Kathy Boudin and David Gilbert who were arrested for their role … Read more

This Is The Michael Dukakis Election Of 2020

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by Wayne Root    I’ve been calling this the Michael Dukakis election of 2020 for months now. All through the summer with Biden up by double digits, just like Dukakis.   That was before Rudy Guliani announced he had the infamous Hunter Biden laptop with a treasure trove of emails implicating Biden in a massive pay-for-play … Read more

Morgan Stanley expects SpaceX will be a $100 billion company thanks to Starlink and Starship

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Morgan Stanley doubled its long-term valuation estimate for Elon Musk’s SpaceX on Thursday, now expecting the company to be worth at least $100 billion some day. “SpaceX continues to solidify its place as ‘mission control’ for the emerging space economy,” Morgan Stanley analyst Adam Jonas wrote. In Morgan Stanley’s base case, SpaceX’s rockets business reaches … Read more

Microsoft-Backed Databricks Plans IPO Next Year

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https://www.bloomberg.com/news/articles/2020-10-24/microsoft-backed-databricks-is-said-to-plan-2021-stock-listing Databricks is preparing an initial public offering that could come in the first half of 2021. Discussions are at an early stage and the company has held talks with banks but has yet to hire underwriters. San Francisco-based Databricks is aiming to go public at a price significantly higher than the valuation in its … Read more

24 months w/o paying your mortgage!

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Feasible depending on next stimulus bill extending forbearance an additional 12 months past 12 from CARES Act that expires end of March PLUS same extension of foreclosure moratorium. Current stimulus package has both of those provisions within. 24 months w/o paying your mortgage! https://t.co/HpFGu0C125 — Danielle DiMartino Booth (@DiMartinoBooth) October 25, 2020

A double-dip recession and currency crisis looming?

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The Eurozone slowdown is leading to a double-dip recession. pic.twitter.com/cyjYer5V7t — Daniel Lacalle (@dlacalle_IA) October 25, 2020 #recession … #GFC2 edition https://t.co/dnBR6ERcZJ — Invariant Perspective (@InvariantPersp1) October 25, 2020 Welcome to the beginning of the economic fallout. Buckle up, we are in trouble. Canada can't just print it's way out of this. #richmondhill #Ontario #economy … Read more

Inflation can happen without velocity

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Inflation can happen without velocity pic.twitter.com/HOCHQpYjpv — Win Smart, CFA (@WinfieldSmart) October 25, 2020 Russia & China buying a lot of #gold pic.twitter.com/SCqJ1Ac1SL — Win Smart, CFA (@WinfieldSmart) September 7, 2020

Getting hard to justify lofty valuations? Zoom is almost 2x more expensive than any other stock in the industry. 107x sales. 200x next year’s earnings.

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getting hard to justify lofty valuations? pic.twitter.com/b2yHqijyRx — Alastair (@StockBoardAsset) October 17, 2020 Zoom is almost 2x more expensive than any other stock in the industry. 107x sales.200x next year’s earnings. Discuss. pic.twitter.com/LIuUodYqmh — Otavio (Tavi) Costa (@TaviCosta) October 24, 2020 H/T @BrianSJ3 pic.twitter.com/EwzOMS8aT9 — M/1_LP (@MI_Investments) October 24, 2020 Passive & index funds are … Read more

Max Keiser on “the parabolic spike in plunder” … David Morgan: Silver will see the explosion you’ve been waiting for …

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BY JOHN RUBINO Doug Casey: The great real estate bubble is over … Martin Armstrong: The economy isn’t going to bottom till 2022 … Keith Neumeyer: If gold doubles silver quadruples … Peter Grandich: I’m 100% in on gold mining stocks … Max Keiser on “the parabolic spike in plunder” … David Morgan: Silver will see … Read more