The machines which are worth an estimated $65-$70m today, were originally purchased via loan for $103m. The company does not currently expect to make payment on November 8th, meaning that up to 3.6 EH/s could hit the market, approximately 1.5% …
President Joe Biden is looking north for critical mineral supplies to meet government-inflated demand for clean-energy initiatives while the administration shuts down major mining projects on American soil. In March, the president invoked the Defense Production Act to expedite the …
Not what the narrative would tell you: Gold and Silver mining stocks as a whole have created zero value in 40 years….and in real terms is much, much lower so it hasn't offset inflation either. This chart quite shocked me. …
Max Fischer – Twitter, Released on 8/2/22 P/E ratio for metals and mining stocks in the S&P 500 are now retesting the lows of the 2008 bottom… Source: https://twitter.com/CrescatMax/status/1554511191489318915?
by Chris Powell of the Gold Anti-Trust Action Committee (GATA) Dear Friend of GATA and Gold: Maybe it’s only what to expect from a stock-touting service, but today’s commentary by Alastair Ford, senior equities reporter for Proactive Investor in London, is disappointing all the …
Bitcoin mining is becoming increasingly popular in Montenegro. This is largely due to the fact that the country has very cheap electricity, making it an ideal location for miners. Additionally, Montenegro also offers tax incentives for those engaged in bitcoin …
Estonia has become a hotspot for Bitcoin mining in recent years. The country has seen a surge in interest in cryptocurrency mining, due to its cheap electricity and cool climate. You can also explore quantum ai for gaining proper information …
By – Pamela Williams It is never about doing the right thing with politicians, is it? Or, for that matter, about upholding the rule of law. As the Biden Administration rushes us into giving up vehicles powered with gasoline, no …
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 …
by Peter Schiff of Peter Schiff Podcast China will begin selling more US dollars and treasuries. Food and energy prices surge. Biden’s State of the Union was misinformation. Jerome Powell skips SOTU to prepare his own lies. FULL SHOW NOTES AND LINKS HERE
Faced with a sharp rise in energy consumption, Swedish authorities are calling on the European Union to ban “energy intensive” crypto mining. Erik Thedéen, director of the Swedish Financial Supervisory Authority, and Björn Risinger, director of the Swedish Environmental Protection …
by FunctionVoidBig Honestly, I am not sure why people haven’t figured this out yet. I figured out something was up when gaming forums like NeoGaf just banned all politics discussion, Yahoo removed comments, and tons of other sites removed comments …
Palisades Gold Radio, Released on 8/29/21 0:00 – Introduction 0:35 – John’s Background 2:46 – FOMC & Jerome Powell 5:40 – Non-Farm Payrolls 7:28 – Positioning 8:47 – Inflation Importance 10:06 – Gold Fundamentals 12:17 – Stocks Vs. Physical 13:58 …
by: Ethan Huff (Natural News) The media is reporting that communist China has ceased mining Bitcoin cryptocurrency, suggesting that the industry there has officially collapsed. Excess energy consumption is taking the blame for the halt, though reports indicate that many of the …
by Dave Kranzler of Investment Research Dynamics I ordinarily do not spend time reading the FOMC policy statement after it’s released, saving that brain damage for CNBC. But I read the June release to assess for myself whether or not the Fed had …
The U.S. is the second-biggest mining destination on the planet, accounting for nearly 17% of all the world’s bitcoin miners. Prior to Beijing’s sudden crackdown, China’s mining dominance had already begun to slip. Marathon Digital’s Fred Thiel expects most new …
Malaysian cops seized and destroyed 1,069 bitcoin mining rigs by crushing them with a steamroller — after the miners allegedly siphoned off almost $2 million worth of electricity to power the energy-intensive machines. The machines, which were estimated to …
I LOVE PROSPERITY, Released on 6/29/21 How to profit from inflation is a question we should all be asking. Inflation is a trend that is likely to stay with us for quite sometime. If you don’t know how to profit …
by Frank Holmes, CEO, U.S. Global Investors Bitcoin erased its 2021 gains last week as China ramped up its crackdown on mining of the cryptocurrency, a move that’s expected to help shift the industry’s center of gravity from Asia to …
Doug Casey on Palisades Gold Radio Tom welcomes back a man who should need no introduction, Doug Casey. Doug is a libertarian philosopher, speculator, and author. To subscribe to our newsletter and get notified of new shows, please visit http://palisadesradio.ca Doug discusses alternatives …
Our engineers just informed me that they dug a new well, that will provide approximately 95MW of 100% clean, 0 emissions geothermal energy from our volcanos 🌋 Starting to design a full #Bitcoin mining hub around it. What you see …
by Dave Kranzler of Investment Research Dynamics “April 2021 money supply and monetary base growth continued to explode” – John Williams, Shadowstats.com Williams is referencing the “base” monetary aggregates which are compiled monthly. The Fed’s balance sheet grows by the week, hitting $7.922 trillion …
https://twitter.com/disclosetv/status/1395746654351933440 https://twitter.com/disclosetv/status/1395748105539231747 h/t dr0id
by Kimble Charting Gold has been working its way higher over the past 5 weeks and the gold mining stocks are reaping the benefits. Today’s chart from Marketsmith.com offers an intermediate-term look at the Gold Miners ETF (GDX) and its recent bull flag chart …
by: Mike Adams (Natural News) Elon Musk just ignited a firestorm of controversy when he announced Tesla would not longer accept Bitcoin due to the environmental concerns related to Bitcoin mining and its gargantuan energy consumption. The pro-Bitcoin community erupted …
by visualcapitalist Cryptocurrencies have been some of the most talked-about assets in recent months, with bitcoin and ether prices reaching record highs. These gains were driven by a flurry of announcements, including increased adoption by businesses and institutions. Lesser known, however, …
INDIA TO PROPOSE LAW BANNING CRYPTOCURRENCY, PENALISING MINING, TRADING, POSSESSION – GOVT OFFICIAL — FXHedge (@Fxhedgers) March 14, 2021 INDIA LAW WOULD GIVE CRYPTOCURRENCY HOLDERS 6 MONTHS TO LIQUIDATE SUCH ASSET- GOVT OFFICIAL — RedboxGlobal India (@REDBOXINDIA) March 14, 2021
by 0naptoon It tracks user behavior on the site and connects it to info provided from the internet from a network of undisclosed partners. It share data with them to create a unique profile that can be used to reveal …
by Frank Holmes, CEO, U.S. Global Investors Bond yields are crashing in major markets all around the world as fears of a global economic slowdown have prompted investors to seek shelter in low-risk government debt. Both Germany and Japan’s 10-year …
BY SRSROCCO There’s been a hidden decline in the global gold mining industry unrecognized by most investors. It’s an insidious and mysterious decay that has plagued the industry for many years. Unfortunately, investors can’t see what’s taking place in the …