JP Morgan launches Bitcoin Fund for rich clients after years of bashing cryptos

JP Morgan launches Bitcoin Fund for rich clients after years of bashing cryptos

Ever since JP Morgan CEO Jamie Dimon first denounced bitcoin way back during the heady crypto-rally of 2017 (shortly before analysts revealed that JP Morgan’s asset-management arm was seemingly buying the dip on behalf of its wealthy clients via a...
read more
Market Cap Of Money-Losing Companies Surpasses Dot Com Bubble Record

Market Cap Of Money-Losing Companies Surpasses Dot Com Bubble Record

In a recent note from SocGen’s Andrew Lapthorne, the cross-asset strategist summarizes the ongoing market insanity delightfully, saying that “there is an increasingly large number of weird and wonderful signs of market excess, from surging crypto c...
read more
Earth Day 2021 – Restore Our Earth

Earth Day 2021 – Restore Our Earth

Every year on April 22, Earth Day marks the anniversary of the birth of the modern environmental movement in 1970. Let’s take a look at the last half-century of mobilization for action: ORIGINS OF EARTH DAY Earth Day 1970 gave...
read more
WHO rejects COVID passport schemes

WHO rejects COVID passport schemes

The World Health Organization (WHO) has staunchly rejected the use of Covid passports to reopen travel in a meeting of its emergency committee, over concerns that vaccinations alone won’t prevent the transmission of the virus. Reiterating their previously st...
read more
IMF Introduces World Currency

IMF Introduces World Currency

It is no joke, something big happened last week. The IMF is going to give out loans in SDR. Special Drawing Rights are IMF’s currency. By itself, they’re nothing special, but the IMF has always lent in U.S. Dollars. That they are...
read more
U.S. Navy replicated and patented LENR technology

U.S. Navy replicated and patented LENR technology

The U.S. Navy replicated and patented LENR technology. Also the date of the public presentation of the E-Cat SKLed technology has been revealed.  The first commercially available product of E-Cat technology will be an extremely efficient luminaire. Important ...
read more
White House Unveils Details of $2.25 Trillion Infrastructure Plan, Massive Tax Hikes

White House Unveils Details of $2.25 Trillion Infrastructure Plan, Massive Tax Hikes

After weeks of waiting with investors hanging on every new detail, President Joe Biden is expected to unveil the first part of his sweeping economic reform/redistribution plan on Wednesday afternoon. As Biden’s press secretary Jen Psaki revealed over th...
read more
Iran & China ink 25-year strategic partnership accord

Iran & China ink 25-year strategic partnership accord

A cooperation deal between Iran and China covering a quarter of a century has been signed in Tehran, furthering Iran’s role in the Chinese global infrastructure initiative. Both nations are being targeted by US sanctions. The landmark document was signed...
read more
Something Happened on the Way to Monetary Heaven

Something Happened on the Way to Monetary Heaven

Something Happened on the Way to Monetary Heaven: Janet Yellen’s Plunge Protection Team Has $142 Billion to Play With. Most Americans are unaware of the existence of the Exchange Stabilization Fund (ESF). Together with the Federal Reserve Bank of New...
read more
Event Horizon Telescope Reveals Spiraling Lines of Magnetism in Black Hole

Event Horizon Telescope Reveals Spiraling Lines of Magnetism in Black Hole

In 2019, the first ever direct image of a black hole was a hazy, orange revelation. Now, the same team of researchers has produced an update of that image that renders the swirling arcs of the supermassive black hole’s magnetic fields, reports...
read more
The 15th Century Medici Bank Is Getting A 21st Century Re-Launch

The 15th Century Medici Bank Is Getting A 21st Century Re-Launch

The 15th century Medici Bank is getting a 21st century re-launch and also will serve crypto sector. The Medici Bank name, most notably associated with the 15th century banking giant in Italy that, at the time, was the largest and...
read more
WeWork Losing $3.2 Billion Last Year, In Talks With SPAC

WeWork Losing $3.2 Billion Last Year, In Talks With SPAC

The fact that potential investors were even taking meetings with Tel Aviv playboy managed WeWork is a sign of just how few suitable takeover opportunities remain in a market that has been saturated by SPACs (following a decade-plus post-crisis bull...
read more
ARAMCO’s 2020 Profits Fell By 44%

ARAMCO’s 2020 Profits Fell By 44%

Saudi Aramco reported a net profit of $49 billion for 2020, down 44 percent on the year but still a positive figure despite the pandemic that plunged some major oil companies into the red. The company kept its annual dividend at $75...
read more
World After Countless QEs:  A Shortage Of Everything

World After Countless QEs: A Shortage Of Everything

In last press conference, Jay Powell confirmed that the Fed is setting off on a historic experiment: welcoming a conflagration of red-hot inflation for an indefinite period of time in an overheating economy, with the underlying assumption that it’s all.....
read more
Treasury Injects A Record $271 BIllion In Cash In One Day

Treasury Injects A Record $271 BIllion In Cash In One Day

A month ago analysts noted that in line with the Treasury’s forecast for huge net debt drawdown in the current quarter, a record $1.1 trillion in cash and reserves was about to hit the market. Fast forward to today when...
read more
1 2 3 41