How a Low Share Price Would be Fatal for Tesla, and why Musk has to pump it up, come hell or high water.

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Tesla shares are down 50% from last December and are back where they’d first been in September 2013. Bonds dropped to a new low on Friday, reflecting what the market thinks the probability is that Tesla will default, and what bondholders will get if it does. This poses a unique existential … Read more

Forget “Money”: What Will Matter Are Water, Energy, Soil and Food–and a Shared National Purpose

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by Charles Hugh-Smith If you want to identify tomorrow’s superpowers, overlay maps of fresh water, energy, grain/cereal surpluses and arable land. The status quo measures wealth with “money,” but “money” is not what’s valuable. “Money” (in quotes because the global economy operates on intrinsically valueless fiat currencies being “money”) is wealth only if it can purchase … Read more

Busted Housing Bubble 1 Morphs into Housing Bubble 2 in Spain?

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Madrid, Barcelona, other markets are well on their way. But some markets are still crushed. Spain’s last epic housing bubble, one of the biggest in living memory, propelled median home prices to €2,100 per square meter, at which point the bubble began to burst. The national median price eventually plunged 31%, … Read more

FBI Lawyer Squeals Like a Pig: Implicates Comey, McCabe, and Yates for Mishandling of FISA Warrant

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Collins released transcripts on several FBI, DOJ officials including: Trisha Anderson William Sweeny Loretta Lynch James Kybicki Andrew McCabe George Toscas Jonathan Moffa John Giacalone Sally Moyer In her testimony, (Trisha Anderson) alleges that the application process for the FISA warrant was handled in an “unusual” fashion and that numerous Obama era FBI officials were … Read more

BATTLE OF EU

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Macron vs. Salvini: Two leaders face off over EU’s future BRUSSELS (AP) — France’s pro-EU president and the leader of Italy’s euroskeptic, far-right movement jockeyed for the role of chief powerbroker on the continent Monday after elections to the European Parliament hollowed out the traditional political middle. The four days of balloting that drew to a close … Read more

Have day off? Try doing nothing

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Have the day off? Try doing nothing. Doing nothing — ironically — can be a great way to make yourself more creative and productive over time, according to New York Times Smarter Living editor Tim Herrera. “There’s a lot of studies that show that building laziness and building idle time into you schedule and into … Read more

Warning: Widespread Facial Surveillance Is An “Imminent Reality”

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Authored by Mac Slavo via SHTFplan.com, The dystopian future George Orwell warned us all about in his iconic novel, 1984 has quickly become our reality. Widespread facial surveillance in the “land of the free” is an “imminent reality.” A tech privacy report, that has been swept under the rug by the mainstream media has declared that Americans are about to live … Read more

American Soil Is Being Globalized: Nearly 30 Million Acres Of U.S. Farmland Is Now Owned By Foreigners

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by Michael Snyder All across America, U.S. farmland is being gobbled up by foreign interests.  So when we refer to “the heartland of America”, the truth is that vast stretches of that “heartland” is now owned by foreigners, and most Americans have no idea that this is happening.  These days, a lot of people are … Read more

Microsoft, once considered a stodgy software maker, has outperformed tech unicorns since 2015

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https://www.cnbc.com/2019/05/25/microsoft-has-grown-more-than-a-basket-of-unicorns-since-2015.html Among private companies that were worth $1 billion or more in 2015, Twilio, Okta and Zscaler have produced some of the best returns. Uber, Pinterst and Snap haven’t done much to reward investors since late 2015. Taken as a group, they’ve underperformed a straight bet on Microsoft.

David Morgan: Caution – Stocks Are In Distribution Mode

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David Morgan interviewed on Reluctant Preppers You already know the stock market has been in one of the longest bull phases in history, and that stock valuations are at the highest levels ever seen vs. real earnings. But when veteran investment researcher David Morgan, aka The Silver Guru, offers his perspective on the last year’s significant change … Read more