The “Old Money” Secret To Wealth
The “Old Money” Secret To Wealth Authored by James Rickards via DailyReckoning.com, I believe that we’re heading for another liquidity crisis or financial crisis. That doesn’t mean it’ll happen tomorrow, but there are disturbing signs that it might not be too far off. It doesn’t mean the world’s going to end. But investors who aren’t […]
JPM Predicts Global AI Data Centers Will Consume 681 Olympic-Sized Pools Of Fresh Water Daily
JPM Predicts Global AI Data Centers Will Consume 681 Olympic-Sized Pools Of Fresh Water Daily Wall Street banks are in a frenzy over “The Next AI Trade,” piling into the ‘Powering up America’ investment themes, whether that’s power grid companies, commodities, such as copper, gold, silver, and uranium, and artificial intelligence chipmakers, to accommodate the explosion of generative artificial intelligence […]
The Incoming Commercial Real Estate Crisis No One Seems Prepared For
The Incoming Commercial Real Estate Crisis No One Seems Prepared For Authored by Kevin Stocklin via The Epoch Times (emphasis ours), It has been a year since a string of U.S. regional bank failures, together with the collapse of global heavyweight Credit Suisse, caused many to fear that a major financial crisis was imminent. (Illustration […]
Nearly 300 Boeing 777s Used By United & American Airlines At Risk For ‘Exploding’ Fuel Tanks
Nearly 300 Boeing 777s Used By United & American Airlines At Risk For ‘Exploding’ Fuel Tanks Overnight, DailyMail reported that yet another fleet of Boeing jets has a potentially disastrous flaw. The 777, commonly called the Triple Seven, has poor electrical insulation near its fuel tank that can cause “fire or explosion.” Back in March, the Federal Aviation […]
S&P To Open At All-Time High After Blowout Nvidia Earnings Spike Global Markets
S&P To Open At All-Time High After Blowout Nvidia Earnings Spike Global Markets Global markets rallied and US equity futures are sharply higher, poised to push the S&P to a new all time high, after blowout earnings from Nvidia reassured investors that the global artificial-intelligence juggernaut will keep powering equity markets. As of 7:30am, S&P futures […]
SEC Ethereum ETF Discussions Underway, S-1 Approval Expected Within Hours
SEC Ethereum ETF Discussions Underway, S-1 Approval Expected Within Hours Authored by Josh O’Sullivan via CoinTelegraph.com, The U.S. Securities and Exchange Commission (SEC) began discussions with potential issuers of Ether exchange-traded funds (ETFs) on May 22, leading some to anticipate an imminent approval. Journalist Eleanor Terrett noted that discussions between SEC staff and Ether ETF […]
US Initial Jobless Claims Refuse To Budge From Near Record Lows
US Initial Jobless Claims Refuse To Budge From Near Record Lows According to the magical data providers at the US Department of Labor, just 215,000 Americans filed for jobless benefits for the first time last week (down from the prior week’s 223,000). Source: Bloomberg Of course, back in the real world, this is what […]
The Copper Bull: Speculation Vs. Fundamentals
The Copper Bull: Speculation Vs. Fundamentals Via SchiffGold.com, Copper has gone mad: Liquidated shorts from a flood of speculators, an AI bubble, a supply crisis, and a renewable energy craze have all combined with high global inflation to recently send it to historic all-time highs. While I believe there will be major corrections as some of these factors come […]
German Parliament Votes To Decriminalize The Possession Of Child Pornography
German Parliament Votes To Decriminalize The Possession Of Child Pornography Are you starting to see a pattern yet? First there was the introduction of gender fluid and LGBT ideology into public schools, then there were sexualized drag queen performances for children, then leftist activists demanded that pedophiles be referred to as “MAPS” (Minor Attracted Persons) […]
Red Or Blue, Rich Or Poor — Recessions Don’t Care
Red Or Blue, Rich Or Poor — Recessions Don’t Care Authored by Simon White, Bloomberg macro strategist, Political affiliation and wealth, it’s speculated, are making a recession look more likely than it really is by introducing systematic bias into the economic data. But this is a distraction. For the data that matters most in gauging […]