Sharing is Caring! by Michael Snyder Are we about to go from the frying pan to the fire? Earlier this year, it seemed to most people that the COVID pandemic was almost behind us. But then the Delta variant came along and swept like wildfire all over the globe. And now as we wrestle with
Month: September 2021
While originally spruiked as a futuristic city inspired by the Marvel movie Black Panther that would emerge as a “beacon of innovation and human development” and bolster the West African and Senegalese economies by Akon in 2018, there are few signs of the city’s development beyond a ceremonial stone that was laid in a field
The price of bitcoin has risen above the $51K zone on Sunday and traders and speculators are curious as to where the price is headed next. Historically, in September, bitcoin prices don’t fare so well and usually get better in October. For this reason, skeptics are not sure if bitcoin’s price will continue to be
My students, many of them from other countries, ask why America’s Labor Day is in September when most other nations celebrate Labor Day on May 1. Historian William Adelman writes the irony is that the international socialist movement declared May Day Labor Day to honor American labor leaders hanged for conspiracy in the Haymarket Riots/Protests
As California coastal cities look for methods to avert the harsh realities of the state’s second drought in a decade, desalination has returned as a hot topic. In San Diego County, the drought makes the argument that the controversial choice to build a coastside desalination plant was correct. The Claude “Bud” Lewis Carlsbad Desalination Plant
The United States started a Paralympic gold-medal streak in women’s sitting volleyball on the final day of the Tokyo Games, successfully defending its gold medal from Rio five years ago. The Americans solidified themselves as the sport’s new powerhouse, taking down China in four sets at one of the last competitions in Tokyo. Including wins
Central banks maintain interest in gold… by Jason Burack of Wall St For Main St Central banks added a net 30.1 tonnes (t) to global official gold reserves during July 2021. FULL SHOW NOTES AND LINKS HERE Commit to tipping us monthly for our hard work creating high level, thought provoking content that includes interviews
Stock trading draws Type A personalities who are driven to win at all costs. Succeeding means logging long hours in front of a computer screen, researching and trading stocks. But in stock trading, there’s a fine line between working hard and feeding an addiction. That line can mean the difference between making sound investment decisions
Brazil has suspended beef exports to China, its largest market, after this weekend confirming two cases of “atypical” mad cow disease in separate meat plants. The Latin American nation is the world’s largest beef exporter and its meatpacking companies, notably JBS and Marfrig, have profited handsomely from the surging market for protein in China. Between
Hotels across the UK have been forced to limit bed linen changes and delay guest check-ins after a boom in domestic travel collided with a chronic shortage of staff. Intercontinental Hotel Group, owner of Holiday Inn and Crowne Plaza hotels, is among major hospitality companies that have reported difficulties with outsourced linen and towel supplies,
There comes a point when repetition gets boring. Both the S&P 500 and the NASDAQ saw out the week trading at – or just a touch under – record high levels again. The reaction was a sort of verbal shrug: “Oh, another new stock record.” There’s definitely a feeling ‘out there’ that we’re getting used
Bitcoin (BTC) should cost at least $55,000 per coin according to one metric measuring its so-called “supply shock.” In a tweet on Sep. 5, analyst Willy Woo highlighted what he added is a “conservative” price estimate for BTC/USD. Bitcoin price plays catch-up with metrics While Bitcoin has still not established $50,000 as firm support, on-chain
While bitcoin prices have risen in value during the last two weeks, bitcoin dominance levels have slipped to lows not seen since the June 6 low of 41%, and the dip to 39.97% on May 16, 2021. Depending on the crypto market price aggregator leveraged, bitcoin’s dominance has been between 39.99% to 41.52%. Meanwhile, as
The catastrophic remnants of Hurricane Ida snuck up on Northeast states Wednesday, catching officials and the general population off-guard. But such a storm, still delivering massive amounts of rain more than 1,300 miles from its Louisiana landfall, is no outlier, one New Jersey climate official warned. “It may be a different animal, as you put
Ontario-based First Cobalt (TSX-V:FCC) said today it closed $45 million in financing mostly debt financing. Funds will be used to recommission a hydrometallurgical refinery located in Ontario, Canada. “With the completion of this financing, the First Cobalt project team can now accelerate long lead equipment orders for our Canadian battery materials refinery as we pursue
If history can teach us anything, it’s that humans don’t learn from history… by Mac Slavo of SHTFplan If history can teach us anything, it’s that humans don’t learn from history. In the spring of 2020, hoards of unprepared sheep stampeded into grocery stores and department stores to buy every last roll of toilet paper
After Chewy, Inc. (CHWY) reported that it has missed analyst expectations for its fiscal second quarter earnings results, option traders are taking actions that suggest that they think the share price will move lower in the future. This may come as no surprise, considering the share price fell 9.2% the day after the announcement. Chewy
British independent schools face fresh pressures on expanding their links with China as the authorities tighten restrictions on foreign influence in the education system and seek to more than halve the number of children educated privately. Restrictions on visas for foreign teachers are also contributing to a slowdown in the establishment and expansion of private
It was Charlie Munger, Warren Buffett’s partner in quotable business aphorisms, who once quipped: “Show me the incentive and I will show you the outcome.” So it is no surprise that, over the decades in which the consensus set in that a chief executive’s main job was to create value for their shareholders, boards began
Netflix (NFLX) has witnessed extremely impressive growth over the past years. The pandemic-related restrictions have been a boon for the video streaming platform as more consumers shifted towards video-on-demand services. Netflix saw a significant increase in its subscriber growth both in the U.S. and worldwide. However, the global market is now saturated with several other
Sharing is Caring! Via USA Watchdog Legendary investor, economist and market forecaster Dr. Marc Faber thinks central banks (CB) are not going to cut back the money printing. Just the opposite. He predicts CBs are going to print even more money at a faster pace to hold the failing economic system together for a little
Between Bitcoin (BTC) breaking the $50,000 hurdle and the upswell in the altcoin markets, crypto has never been more appealing to speculators. But, stacking profits through trading is worthless unless that money is spent. Luckily, charitable organizations are waking up to the possibility of crypto donations as the world embraces crypto. For blockchain entrepreneur Wendy
On September 3, the decentralized exchange (dex) aggregation platform 1inch announced the project has partnered with the animated series “Take My Muffin.” The multimedia animated series aims to be co-created by the crypto community and created by a professional animation studio. 1inch Network Sponsors ‘Take My Muffin’ Animated NFT Series A new animated non-fungible token
By Kelli Thompson, Next Avenue For nearly eight years, I worked as a hiring manager and HR professional for financial services and technology organizations. My experience confirms what a lot of emerging data on the pay gap reveals — women are often more hesitant to apply for well-paying jobs, and negotiate less often, than men. As
In a prolonged low-interest-rate environment, many issuers may have paid little heed to arbitrage on bond proceeds. But that could change, and municipal advisors and bond counsel are staying vigilant on their clients’ behalf. “Declining interest rates make it generally easier to manage arbitrage,” said Adam Harden, partner at Locke Lord in Texas. “Post-issuance compliance
Armadale Capital plc (LON: ACP) said today it received its mining licence for its 100%-owned Mahenge graphite project in south-east Tanzania from the Tanzanian Ministry of Energy and Minerals. The company said that a definitive feasibility study shows a pre-tax net present value of $430 million, internal rate return of 91% and payback period of
We live in unprecedented times… by Ron Paul of Ron Paul Liberty Report We live in unprecedented times. Never has the entire world faced authoritarianism on this scale before. Never has there been a financial bubble of this magnitude, that also encompasses the entire world. Naturally, a bust of the magnitude that we are facing
After Campbell Soup Company (CPB) reported that it had exceeded analysts’ predictions for its fiscal fourth quarter earnings results, option traders are taking actions that they think the share price will move higher in the future. This may come as no surprise considering that the share price rose 2% the day after the announcement. Campbell
In Lagos, Nigeria’s commercial capital, a software coder bills her client in London and is paid in bitcoin, sidestepping a costly banking system and the naira currency’s miserly official exchange rate. In São Paulo, Brazil, a dentist puts his monthly savings into an exchange traded fund investing in a basket of cryptocurrencies that is the
For a man who has lost count of the number of patents to his name and who has helped build and transform multiple products and businesses, Paul Davis left school at 16 with a record distinguished only by the fact that it was unremarkable. “I was just jogging along. I didn’t have a hunger to
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