A common refrain from the pro-Bitcoin crowd is that “Bitcoin is gold”. This is totally ludicrous. Bitcoin is a ‘surveillance coin,’ in that the Blockchain… by Simon Black of Sovereign Man There are famous stories that come out of the Great Depression in which very astute financiers sold all of their stocks just before the
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PAVmed shares plunged 12.4% in Monday’s extended trading session after the medical devices company announced the spin-off of its majority-owned subsidiary, Lucid Diagnostics, into a separate public company. PAVmed’s (PAVM) plan is to either spin-off Lucid Diagnostics through an initial public offering (IPO) or through a combination with a healthcare special purpose acquisition corporation (SPAC).
Washington Post says elites need a bigger say in choosing the President. The elites already sway election with their dollars and services to have a big enough impact on things. Seems like they reworded the headline after some backlash: www.foxnews.com/media/washington-post-changes-headline-after-op-ed-calls-for-elites-have-bigger-say-choosing-president The original article is over a year old if anyone wants to give it a
The term “personal finance” refers to how you manage your money and plan for your future. All of your financial decisions and activities have an effect on your financial health. We are often guided by specific rules of thumb, such as “don’t buy a house that costs more than two-and-a-half years’ worth of income” or
Janet Yellen, U.S. President-elect Joe Biden’s nominee to be treasury secretary, speaks as Biden announces nominees and appointees to serve on his economic policy team at his transition headquarters in Wilmington, Delaware, U.S., December 1, 2020. Leah Millis | Reuters Treasury Secretary Janet Yellen issued a warning Monday about the dangers that bitcoin poses both
Adam Neumann could reap almost $500m in cash from his holdings in WeWork and emerge with a stake in a public company, less than 18 months after the high-profile failure of its initial public offering cost him his job as chief executive. SoftBank is in advanced talks with WeWork’s co-founder and other shareholders to settle
Peter Wells in New York The US on Monday reported its smallest daily increase in new coronavirus cases in more than four months, continuing recent glimmers of hope for the country’s management of the pandemic. States reported an additional 52,530 infections, down from 58,702 on Sunday, according to Covid Tracking Project. It was the smallest
Broadridge is now offering securities-based lending to advisors and their clients as the company tries to grow its wealth-management business. The fintech company has a new digital marketplace called the Wealth Lending Network where wealth managers can connect with a bank and access loans. Bancorp is the inaugural bank on the marketplace, and Broadridge is
Prominent crypto influencer Lark Davis, or “The Crypto Lark,” has warned that Ethereum’s competitors will continue to syphon away users should Eth2 fail to launch soon amid ever-increasing gas fees. Despite predicting five-figure Ether prices in 2021, Davis’ Feb. 19 video, Davis asserts Ethereum’s skyrocketing fees has meant that only “rich investors” can afford to
An allure to small town living. (Photo by John Greim/LightRocket via Getty Images) LightRocket via Getty Images Talked about for decades, remote work has finally gotten its big start with the Covid emergency. Lockdowns and quarantines have forced just about any who can to work from home to do so. Commercial office space has emptied,
One of Cape Cod’s largest hospitals received two bitcoin donations this year totaling $800,000 in value. The Massachusetts-based not-for-profit medical centre (NPO), Cape Cod Healthcare, explained that an anonymous donor donated $400k last Friday and the NPO received a $400k bitcoin donation last month as well. Cape Cod Healthcare Gets $800K in Bitcoin Donations The
New York Attorney General Letitia James said Monday that her office is continuing to actively investigate the Trump Organization’s alleged inflation and deflation of property values to evade tax liability in the state and receive other financial benefits. James also said that the U.S. Supreme Court’s decision to allow the Manhattan District Attorney office to
Getty AFP via Getty Images Changes will be made in Social Security. The questions are: What will they be? When will they be made? If nothing is changed, the Social Security retirement trust fund will run out of money. The 2020 report from the trustees of Social Security estimated that would occur in 2034. But
Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – Gatos Silver (NYSE/TSX: GATO) reported today that full power from Mexico’s national power grid has been restored at its Cerro
The Puerto Rico Treasury announced steps to crack down on tax fraud, which is widely believed to be a major problem on the island. Reducing tax fraud is one of the goals of the fiscal plan approved by the Puerto Rico Oversight Board in May. The U.S. Internal Revenue Service will collaborate with the Puerto
Shortages in both gold and silver are developing at current prices… Dave Kranzler interviewed by Jason Burack of Wall St For Main St Jason Burack of Wall St for Main St interviewed returning guest, former Wall Street bond trader and current gold fund manager and paid newsletter writer, Davie Kranzler (investmentresearchdynamics.com) Recently, Dave wrote a
Despite the reduction in global Covid-19 cases, and the anticipated gradual return to normalcy, the fear of mutant strains remains. Jefferies analyst Michael Yee counts the specter of new variants as one of the main reasons why Moderna (MRNA) is well placed to capitalize. “We strongly believe MRNA is trading on visibility on 2022+ where
Julie Wainwright, CEO, The RealReal Scott Mlyn | CNBC Check out the companies making headlines after the bell on Monday: Palo Alto Networks – Shares of the cybersecurity company fell nearly 1% after Palo Alto Networks reported better-than-expected results for its second quarter. The company reported earnings per share of $1.55, compared to a Refinitiv
By Chris Black The “virus” appears in China spreading in ONE place only (Wuhan), with scenes that look like from zombie movies (people falling down and “harvested” on the streets by special teams, things that are not happening today). Or, to put it another way, communist lies “swallowed” by the western so-called media with no
Victoria’s Secret, a subsidiary of L Brands Inc. (LB), has its own branded credit card named the Victoria card. Here is a discussion of the card’s benefits, drawbacks, and the type of consumer for whom the credit card is best suited. Its chief competitors are cards from Gap and Lane Bryant. Where Can the Victoria
An image from the video taken by multiple cameras as NASA’s Perseverance rover landed on Mars on Feb. 18, 2021. NASA/JPL-Caltech NASA on Monday released first-of-its-kind video of a spacecraft landing on another planet, as multiple cameras captured its Perseverance rover touching down on the surface of Mars. The U.S. space agency landed Perseverance on
Shares in Petrobras tumbled and Brazil’s currency slid against the dollar after President Jair Bolsonaro moved to replace the oil producer’s chief executive following a dispute over fuel prices. Petrobras’s São Paulo-listed stock fell 19 per cent on Monday, as investors reacted to the government’s nomination on Friday of an army general with no experience
The US Supreme Court has rejected Donald Trump’s efforts to block a New York prosecutor from obtaining his tax records, in a big blow to the former president as he grapples with several criminal probes. The Supreme Court’s order on Monday clears the way for Cyrus Vance, the Manhattan district attorney, to enforce a subpoena
Custodian Apex Clearing has agreed to go public through a merger with the blank-check company Northern Star Investment Corp. II, according to people familiar with the matter. The transaction, which could be announced as early as Monday, will be valued at $4.7 billion, the people said, asking not to be identified because the matter is
Cointelegraph Markets Pro, a data platform designed to level the playing field for cryptocurrency market participants, is now available to the public following a successful live testing period. The platform, which has been in development for a year, is the result of exhaustive analysis of the crypto markets and the key drivers of asset price
Environmental activism has made many strides over the last quarter century, and it’s led to a revolution in several industries. Although real estate is still relatively untouched by regulations based on environmental concerns, it’s only a matter of time before this happens. Real estate agents, owners and investors need to know how these regulations may
adamkaz | E+ | Getty Images More Americans are planning to move this year due to the flexible work from home lifestyle that the Covid-19 pandemic has ushered in, market researcher The NPD Group said in a recent blog post. Nearly 20% of people in the country are working from home full time as of
On February 22, 2021, an author published a post on substack.com about an anonymous Twitter account that may have belonged to the mysterious Satoshi Nakamoto. The researcher discovered a Twitter account dubbed ‘Goldlover,’ and found some interesting coincidences with the account’s tweets and Bitcoin’s creator. The Curious Goldlover Tweets An author called Varun published an
getty There’s a new sheriff in town when it comes to the 401(k) arena. It’s called a 401(k) Pooled Employer Plan (or “PEP” for short). The industry has been waiting for Congress to approve this next generation 401(k) for years. They finally did in 2019 and President Trump quickly signed it into law. So-called “open”
A bill to enhance some Chicago pensions would force the city to sock residents with a property tax hike they can ill afford during the COVID-19 pandemic, Mayor Lori Lightfoot warned in a letter urging a veto. Lightfoot laid out the city’s case against the firefighters’ pension legislation in a written appeal to Gov. J.B.