Investment Watch Blog

by Simon Black On the morning of September 2, 1715, Philippe d’Orleans prepared for an impossible task. King Louis XIV had just died the day before after a painful struggle with gangrene, leaving his five-year old great grandson to inherit the throne. Philippe had been appointed regent the week prior, meaning that he would rule France … Read more

by Chris Black People still believe Elon Musk built PayPal. He didn’t build PayPal. He bought PayPal and sold it to Ebay. The company was never profitable. Just like how he made his first small fortune. He bought a video game off his friend and sold it. Elon has never built anything himself. He just … Read more

CNBC, Released on 4/11/22 Part 1 (parts 2 & 3 below) "There's a very, very narrow pathway for orderly disinflation," says @elerianm. "The market is starting to sense it that the Fed is going to push us into a recession because it has waited so long…I think the Fed is going to flip-flop–that's what I'm … Read more

by Chris Black That must have been too apocalyptic, so they made it three. I guess it was all the cars and industrial activity in 10,000 BC that caused sea levels to rise around 250ft and sink the continent that exists underwater around New Zealand. Also all the ancient cities went under water off the … Read more

by Chris Black The mainstream view on cryptocurrencies and blockchain technology is that it will bring you freedom. However, the truth is obviously the exact opposite of what’s advertised. So freedom is owning a tiny portion of something that a small minority owns the majority of? I don’t think people understand the concept of freedom. … Read more

Oregon’s chief justice this week sounded yet another alarm on the state’s deepening public defense crisis that has imperiled the prosecutions of people accused of serious crimes and each day strands more defendants without lawyers. In a letter to legislative leaders and Gov. Kate Brown, Supreme Court Chief Justice Martha Walters said the state’s inability … Read more

Why is Russia losing so many tanks in Ukraine?https://t.co/ZhVavdPqfc — BBC News (World) (@BBCWorld) April 11, 2022 “Experts think” “Evidence shows” “A vast majority” “We’re learning that” “Anonymous sources” “Studies show” It just goes on and on and people just swallow it whole without question.   h/t  squaremild

Protests erupt in #Pakistan after PM @ImranKhanPTI was ousted in a no-confidence vote pic.twitter.com/3mAK6d2nEW — Mirror Now (@MirrorNow) April 11, 2022   Never have such crowds come out so spontaneously and in such numbers in our history, rejecting the imported govt led by crooks. pic.twitter.com/YWrvD1u8MM — Imran Khan (@ImranKhanPTI) April 10, 2022 h/t inna

The trigger for Huawei’s decision to stop taking orders and move to close its Russian office is fear of secondary sanctions by the US (Forbes with that take). Huawei halved supply of phones to Russia in March Huawei has sent part of the employees of the Russian office on vacation for a month https://www.forexlive.com/news/huawei-is-suspending-all-orders-in-russia-20220410/ The … Read more

by Historical_Job_8609 https://electrek.co/2022/04/11/tesla-lithium-mining-business-price-surge/ For those who don’t remember, two years ago Musk and Tesla announced his easy it was to extract lithium from clay and salt and a revolutionary new process at its 2020 battery day. Allegedly 10,000 acres of property rights in Nevada were bought (no-one has ever seen public land registry relating). Even … Read more

Very few Americans believe the nation is doing “very well” under President Joe Biden’s leadership, a Sunday CBS News poll revealed. Only 7 percent of Americans believe the country is doing very well, while 33 percent say the nation is doing very badly. On the economy, nine percent of Americans say Biden’s national economy is … Read more

by KorrectDaRekard Recently I watched Lex Friedmans podcast with Elon Musk. I was fascinated by the way Elon would would pause for nearly 15 seconds before answering each question. The long pauses where he would carefully contemplate what he was about to say seemed awkward, it’s something we don’t encounter in our daily lives. But … Read more

BREAKING: Elon Musk Pulls Out From Joining Twitter’s Board https://t.co/GjrNdq4bX6 pic.twitter.com/t5HW5kiypj — Daily Wire (@realDailyWire) April 11, 2022 BREAKING — Elon Musk will not being joining Twitter’s board of directors. pic.twitter.com/A1a3niQWDd — Election Wizard (@ElectionWiz) April 11, 2022

(Daily Mail) A Pennsylvania man fed up with rising gas prices was arrested after he put stickers on fuel pumps featuring a finger-pointing Joe Biden that say ‘I did that!’ in a protest gaining traction around the country. Thomas Richard Glazewski, 54, of Manor Township, was arrested on March 31 after a confrontation with police … Read more

Will they get caught? If the grand jury in Delaware investigating Hunter Biden’s business ventures does its job properly, it will be pulling on the threads that lead to the president, and already there are signs that is happening. Regardless of the extraordinary statement last week by White House chief of staff Ron Klain, that … Read more

More than any other demographic, millennials have been eschewing homeownership for years, with one in five members of the generation planning to rent forever. But if delaying buying a home was once a lifestyle choice, 2022’s strained housing market has turned it into a brutal reality. Soaring costs for homes and increasingly severe debt burdens … Read more

by DayHova7tre This was handed out at the Stop The Mandate rally today. I had no idea. Cali is really going to shit