China Insiders Steal Billions From US Investors

Op-Ed authored by Anders Corr via The Epoch Times, China’s corporate insiders are cheating small American investors of billions of dollars through advance information that enables lucrative trades just before the stock price falls. Flags are seen outside the New York Stock Exchange (NYSE) in New York City, where markets roiled after Russia continues to […]

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Relativity Space takes a high tech approach to space manufacturing

PreIPOSwap.com — 4/9/2022 – Charlotte, NC — In case you haven’t heard of Relativity Space, it’s a company that 3d prints rockets.  You heard that right, they print cones and rocket parts from a factory, run by robots and computers.  To get an idea of how this actually works, you can watch this short 2 […]

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Palladium, Platinum Soar After London Market Blocks Russian Products

By Tyler Durden, First Russian gold and silver, then diamonds, now platnium and palladium. On Friday, newly refined Russian platinum and palladium was suspended from trading in London, denying Russia access to the metals’ biggest trade hub in the latest in a growing list of measures against Russian interests because of the conflict in Ukraine. Of course, […]

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In Stunning Speech, Peter Thiel Blasts Buffett, Dimon, & Fink As “Finance Gerontocracy”; Sees Bitcoin Rising 100-Fold

From ZH:  As Bitcoin Magazine’s Casey Carillo writes, “there’s seemingly few people who arouse such polarized responses in the Bitcoin community as Peter Thiel. Love him or hate him, he’s an exceptionally influential individual in modern finance and tech, and when it was announced that he would be speaking at Bitcoin 2022 in Miami, many were […]

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WTI Tumbles Below $100 After US Crude Production Rise, Inventory Build, Gas Demand Weaker

By Tyler Durden, Oil prices have been volatile so far today but are higher for now after dropping on headlines  from Bloomberg reporting that the International Energy Agency plans to deploy 60 million barrels of crude on top of the huge stockpile release already announced by the Biden Administration. Overnight saw dismal data from China which reinforced demand anxiety. […]

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German Retailers To Increase Food Prices By 20-50% On Monday

From ZH Just days after Germany reported the highest inflation in generation (with February headline CPI soaring at a 7.6% annual pace and blowing away all expectations), giving locals a distinctly unpleasant deja vu feeling even before the  Russian invasion of Ukraine broke what few supply chains remained and sent prices even higher into the stratosphere… … […]

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Biden’s Massive SPR Release “Does Not Resolve” Upside Risks, Goldman Warns As It Hikes 2023 Oil Price Target To $115

From ZH: Update (16:00ET): The Biden administration confirmed a record large Strategic Petroleum Reserve release of 180 mb over the next six months to fight the “Putin price hike at the pump”, with the potential for other countries to release 30 to 50 mb. As noted earlier,  while such a release will help trim prices […]

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JPMorgan Admits Central Banks Need A Recession “To Cure Inflation”

By Tyler Durden, Over the past few months we have repeated a statement which – because it is controversial and because it is true – sparked feigned outrage among the financially illiterate macrotourists (which these days is the vast majority of the financial commentariat): we said that in light of the galloping inflation which has […]

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Green Dot, PayPal & Square Shares Slide As Apple Plans To Bring Financial Services ‘In House’

By Tyler Durden, As Apple prepares to launch new financial services (including its Apple ‘Buy now, pay later’ program), the company is reportedly planning on cutting ties with its financing partners and instead bring all financial services “in house”. While Apple shares rallied ever-so-briefly before returning to unch on the day… …the news rattled shares […]

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Biden Casually Says Food Shortage “Going To Be Real” As Necessary “Price” Of Anti-Russia Sanctions

By tyler Durden, Update(15:55ET): Nothing to see here… only the President of the United States speaking at an emergency summit of NATO heads making somewhat overly casual sounding references regarding likely massive energy and food shortages… “It’s going to be real,” Biden said at a news conference in Brussels. “The price of the sanctions is not just imposed […]

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