by curiousprovisions “Under a schedule already agreed to the court, Amazon, DoD and Microsoft, judge Patricia E Campbell-Smith is expected to rule on whether to issue the stop-work order by Thursday. If she does not, the Defense Department has said it plans to issue the first “substantive” JEDI task order to Microsoft on Friday.” Source If … Read more
by Egon von Greyerz There are no safe assets. In 2002 we recommended our investors to hold up to 50% of their financial assets in physical gold. Today in 2020, I consider that up to 100% is the right figure since there are no safe assets except for physical precious metals. We are now at the … Read more
by Chris Vermeulen of The Technical Traders Quite a bit has changed in the global markets and future expectations over the past 4+ weeks. Q4 2019 ended with a bang. US/China Trade Deal, US signing the USMCA Continental Free Trade Agreement, BREXIT and now the Wuhan Virus. On top of all of that, we’ve learned that Germany and … Read more
by Brandon Smith Every disaster contains a lesson or a message that needs to be examined. Every tragedy, no matter how terrible, should be absorbed into the public consciousness and adopted as a cautionary tale; a part of our mythos. These events should not be cast into the memory hole to make life less stressful, … Read more
by DCG From KTLA: A Pennsylvania elementary school called the police after a kindergartner with Down syndrome made a finger gun at her teacher. Officials concluded there wasn’t a threat, but the girl’s mother said they went too far. Maggie Gaines called on the Tredyffrin-Easttown School District to update its threat assessment policy after her 6-year-old daughter Margot was … Read more
by Lance Roberts On Tuesday morning, I got engaged in a debate on the recent decline in oil prices following my report on COT Positioning in the space. To wit: “The inherent problem with this is that if crude oil breaks below $48/bbl, those long contracts will start to get liquidated which will likely push oil … Read more
https://www.documentcloud.org/documents/3157291-151101-Sanders-Top-Hits-Thematics.html#document/p1 h/t dr0id
McClatchy, publisher of dozens of U.S. newspapers, files for bankruptcy protection The publisher of the Miami Herald, The Kansas City Star and dozens of newspapers across the country is filing for bankruptcy protection https://www.nbcnews.com/news/all/mcclatchy-publisher-dozens-u-s-newspapers-files-bankruptcy-protection-n1136256 Ghosty – Big Tech Book Burning (Original Song) #VoxAdpocalypse (NSFW) h/t dr0id
https://www.bloomberg.com/news/articles/2020-02-10/holmes-challenges-u-s-charges-over-theranos-patient-blood-tests and https://www.cnbc.com/2020/02/10/elizabeth-holmes-attorneys-ask-judge-to-throw-out-theranos-fraud-case.html For anyone somehow out of the loop on the company and why they are well known: https://en.wikipedia.org/wiki/Theranos
KEY POINTS Munger highlighted how much risk investors are taking when investing, particularly in China. “In China, … they love to gamble in stocks. This is really stupid,” Munger said. Munger also highlighted the proliferation of EBITDA as a profit metric as another sign of wretched excess, calling it “ridiculous.” “I don’t like when investment … Read more
by stormwillpass View post on imgur.com Just an update since everyone thinks I’m dead after TSLA went ballistic last week. No, I’m still alive and still selling options on TSLA. Sadly I closed those naked calls on Tuesday last week and did not benefit from the the complete reversal on Wednesday. That 69k day loss … Read more
Damn… CORONAVIRUS UPDATE: Coronavirus cases spike significantly as Chinese officials adopt new counting standards; US cases now at 14. New coronavirus cases spike by nearly 15,000 in China’s Hubei province as officials expand diagnosis criteria. Prevent spread of coronavirus with ‘less hugging and kissing’, says virologist. Here’s How Computer Models Simulate the Future Spread of … Read more
Switzerland Stops 5G — Medical Association Concerned About Cancer and Damage to Nervous System Sam Jones, Financial Times, Feb 12, 2020 Switzerland was among the first countries to begin deploying 5G, but health fears over radiation from the antennas that carry the next-generation mobile technology have sparked a nationwide revolt. Switzerland, one of the world’s … Read more
Wuhan Coronavirus affecting service and shipping (CCP said work resumes on 2/10 but now they want us to have biohazard suits to return to work Wuhan Coronavirus affecting service and shipping (CCP said work resumes on 2/10 but now they want us to have biohazard suits to return to work – acquiring) – Service resumes … Read more
There’s an interesting discussion happening over at the Grassroots Motorsports forum right now, and presumably at many other places off-line. It’s about laws in Sacramento County stating, essentially, that almost any auto repair you do on your property is illegal. Of course, this is deeply troubling to almost everyone reading right now. Similar laws do exist in other … Read more
by Graham Summers of Gains, Pains, & Capital I Urge You… Do Not Let Political Bias Screw Up Your Investments (#MAGA) Ignore the naysayers, the Trump administration has successful engineered an economic boom. I was recently on Cheddar discussing the markets when the anchor raised the fact that the Trump administration failed to achieve its economic goals. This … Read more
State Sen. John Liu clashes with Richard Carranza over NYC Department of Education treatment of Asian New Yorkers. State Sen. John Liu ripped city schools chief Richard Carranza in Albany Tuesday for the chancellor’s treatment of Asian New Yorkers. “You’ve got a city of 8.5 million people, you’ve got 1.2 million school kids, you’ve got … Read more
“You see, I was one of those Democrats who considered anyone who voted for Trump a racist. I thought they were horrible (yes, even deplorable) and had worked very hard to eliminate their voices from my spaces by unfriending or blocking people who spoke about their support of him, however minor their comments. I watched … Read more
