Energy & Commodities
Two often-cited suspects are axed. So where’s the “secured” funding supposed to come from?
The whole scheme kicked off when Tesla CEO Elon Musk tweeted during trading hours that he was “considering” taking Tesla private, “Funding secured,” which caused the already ludicrously overvalued shares to spike. Later he added, “Investor support is confirmed.” But no details, no names, no tidbits, not even a tease. Two days earlier, he’d tweeted that “even Hitler was shorting Tesla stock.” CLICK for complete article
Into the 29th year as independent states, Lithuania, Latvia and Estonia still have not managed to ride themselves of Russia in one key area: the transmitting of electricity.
Although the Baltic States have, in recent years, ended their electricity isolation by building new power cables with Finland, Poland and Sweden, for historical reasons, their electricity grid is still operated in a synchronous mode with the Russian and Belarusian system, commonly known as the BRELL ring…. CLICK for complete article
We have brought this remarkable stock and sector analysis presentation from behind our paywall and are offering it free to our audience for the weekend.
Please note, Paul’s BT Global Fund is open and available to investors from Western Canada. If you are interested, we encourage you to contact Paul and his team directly – and make sure you let them know you are a Michael Campbell listener! CLICK HERE for more information
Enjoy! ~Ed
As Jim Rickards put it in a recent column, there’s a lot of “happy talk” coming out of Washington D.C.
To hear Donald Trump tell it, we might be in the midst of the greatest US economy in history. When the Q2 GDP number came in at 4.1%, the president called it “an economic turnaround of historic proportions.” Of course, Trump isn’t alone in his optimistic hyperbole. Politicians and pundits all across the mainstream keep telling us everything is great. They see growth from horizon to horizon. Employment is booming. Americans are spending.
The problem with all the happy talk is that it doesn’t have much to do with reality. The Trump economy looks pretty much like the Obama economy…. CLICK for complete article
The Turkish Lira collapsed as much as 18% as Trump escalated his feud with Turkey over a detained US pastor.
The US wants Turkey to release protestant minister Andrew Brunson who is charged with “acting on behalf of two groups deemed by Turkey to be terrorists.” Brunson has been under house arrest in Turkey since October 7, 2016.
Erdogan demands the US return Turkish cleric Fethullah Gülen who is in exile in the US. Turkey accuses Gülen of terrorism. Charges of terrorism are ridiculous. Edrogan refuses to give the US evidence…. CLICK for complete article
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