Do you think that the stock market is overvalued or undervalued right now? After the year 2000 and the dot com boom and bust, we looked back in the rear view mirror and it was obvious. The market had been so overvalued. Suddenly, everyone was a genius. There’s just one problem. Just like with the … Read more
https://www.youtube.com/watch?v=PDjA6Kt-44Y A “megadrought” could be forming across the West, parts of the Midwest, and in Texas, as the risks of a 1930s Dust Bowl-style event remain elevated. The latest US Drought Monitor map shows nearly a third of the country is experiencing “severe drought” to “extreme drought” conditions. – Learn More: https://www.zerohedge.com/commodities…
https://www.youtube.com/watch?v=g4LBUI0gO0Y In the future you won’t need a microchip implanted into your hand or forehead for payments, no, instead you’ll just need your smiling face. Welcome to facial recognition dystopia! A tech company called PopID says that it has helped dozens of retailers and restaurants in Pasadena, Calif., establish “the nation’s first dense ‘face-pay’ network.”- … Read more
If you haven’t learned that the left pushes for these type of protests when its election season. Most of the police killings happen in democrat run cities though. Funny how that works eh? Related: San Jose Mayor Sam Liccardo’s Home Vandalized By BLM Protestors. Neighbors of San Jose Mayor Sam Liccardo quickly banded together … Read more
Eric Zuesse, originally posted at Strategic Culture On September 1st, Gallup headlined “50% in U.S. Fear Bankruptcy Due to Major Health Event” and reported that last year only 45% did. Both percentages are the world’s highest. One of the the world’s leading medical journals had just published a study which explains why it’s the case. The medical journal, The … Read more
https://twitter.com/TeslaTunnel/status/1300762662779969539 One of largest companies in world ( $TSLA) doing At the Money Offering for ~1% of mkt cap bc it can't place the shares via a standard offering. ATM offerings designed for biotech/spivvy microcaps. Tesla is a $500 billion penny stock. What a world. — luis carruthers (@orthereaboot) September 1, 2020 https://twitter.com/eddiemac3356/status/1300791254528274432 Last 15 … Read more
U.S. Corporate Debt Soars to Record $10.5 Trillion U.S. corporations owe 30 times as much debt as 50 years ago, according to BofA Global. Here’s a look at who owns America’s pile of corporate debt. Markets Unprepared for Wave of Defaults in Coming Months: S&P Global There is a growing gap between what markets are … Read more
Consumer prices rose at an annual rate of 1 percent in July, according to the Bureau of Labor Statistics (BLS). But does it seem to you as if inflation is increasing much faster than what the government is saying? What if there were a better way to measure inflation, and what implications would this have … Read more
by Martin Armstrong I loved Melbourne (Melbin as they pronounce it) and flew there often to meet with mining companies and business leaders. The city with its trams and unique way of driving was always a delight. Now, it is very clear, I will never see that city again. The Police in Melbin are simply … Read more
TAKE A MOMENT AND LOOK AT THE 🇺🇸 US DOLLAR pic.twitter.com/cTXNCaaPFZ — Win Smart, CFA (@WinfieldSmart) September 1, 2020 The US Dollar Continues to Weaken US dollar remains under pressure The greenback continued on its downward path overnight and has weakened further in Asia.
With high valuations of stocks and some stocks like Tesla reaching very high levels, I found this video clip by Warren Buffett useful – “If a company is worth $10 billion then it has got to be able to give you $700 million to $800 million next year. If it cannot do that then it … Read more
There goes silver again. Out of a bullish pennant with authority. Ready to take out its August highs. We are in a new bull market for precious metals. pic.twitter.com/A25xZIiKMT — Otavio (Tavi) Costa (@TaviCosta) September 1, 2020 I'm amazed by how much ground @norbertjmichel manages to cover in this review of the Fed's recent policy … Read more
Tesla has outperformed hyper-inflated Venezuelan Stocks in the last year. This is turning into a banana republic… None of us own enough gold. pic.twitter.com/armvZzxiWi — Otavio (Tavi) Costa (@TaviCosta) August 31, 2020 As is the longest weekly RSI divergence in SPX history (as far as I can tell)…longer and larger than 1997 to 2000. pic.twitter.com/UCe5Mn0L3r … Read more
This guy cracks me up. He’s about as real as they come h/t QuantumLove
https://www.cnbc.com/2020/09/01/walmart-to-launch-its-membership-program-walmart-in-mid-september.html Walmart will launch its membership program nationwide on Sept. 15. Walmart+ will cost $98 or $12.95 a month. The subscription service will capitalize on the retailer’s strong grocery business and customers’ desire for more convenient ways to shop, but members must spend a minimum of $35. “We’re not launching Walmart+ with the intent to … Read more
https://twitter.com/Dimidyeus/status/1300226873297833984?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1300226873297833984%7Ctwgr%5E&ref_url=http%3A%2F%2Fwww.godlikeproductions.com%2Fforum1%2Fmessage4507223%2Fpg1 Related: “I am going to vote for the candidate who I am absolutely certain has a brain that is functioning. And that narrows it down exactly to one.” – Biden’s Brain Surgeon! JADR
Wall St. For Main St., Released on 8/31/20 Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of … Read more
