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Economics And Finance

Uganda’s $12.8 Trillion Dollar Gold Discovery: What It Could Mean For Crypto And Gold Bugs (#GotBitcoin)

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Ugandan discovery of “huge gold deposits” might net 320,158 metric tons of refined gold could devastate current prices. Uganda’s $12.8 Trillion Dollar Gold Discovery: What It Could Mean For Crypto And Gold Bugs (#GotBitcoin) [embed]https://www.youtube.com/watch?v=qLBD5i7LQbw&list=PLU1KxUVqGmaNoOrMtlnisOocPjFa-TRJl[/embed] Some drew encouragement from this notion. Microstrategies CEO Michael Saylor, for instance, posted a video…

Banking While Black Is The Next Target For Civil Rights Lawyer (#GotBitcoin)

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Netflix documentary tells the story of Ben Crump, the lawyer for George Floyd’s family. Banking While Black Is The Next Target For Civil Rights Lawyer (#GotBitcoin) After chalking up major financial victories for the families of George Floyd and other victims of police brutality, civil rights lawyer Ben Crump said…

Ultimate Resource For Credit Card Reviews

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Amazon Prime Rewards Visa Signature Card Review. Ultimate Resource For Credit Card Reviews This card gives Prime members a high cash-back rewards rate at Amazon and Whole Foods and more. Key Stats: * Base Rewards Rate: 1% Cash Back * Bonus Rewards: 5% At Amazon.Com And Whole Foods Market; 2%…

When World’s Central Banks Get It Wrong, Guess Who Pays The Price😂😹🤣 (#GotBitcoin)

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“I believe, a devastating blow has been dealt to the credibility of all central banks -- eventually the world's citizens will realize that the inflation we face is ‘man-made,’ and central banks have played an instrumental role,” Joker. When World’s Central Banks Get It Wrong, Guess Who Pays The Price😂😹🤣…

Crypto Market Is Closer To A Bottom Than Stocks (#GotBitcoin)

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Mike Novogratz, the founder and chief executive officer of Galaxy Digital Holdings Ltd., said that cryptocurrencies are closer to a “bottom” than the U.S. equity market. Crypto Market Is Closer To A Bottom Than Stocks (#GotBitcoin) * Galaxy Founder Makes Comment At Morgan Stanley Conference * Ether To Hold Around…

Gas Station Owner In Massachusetts Shuts Pumps To Protest Prices

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Reynold Gladu, in business for nearly 50 years, says he sympathizes with drivers hurting from costlier gasoline; ‘I can’t do it anymore’.  Gas Station Owner In Massachusetts Shuts Pumps To Protest Prices Reynold Gladu has owned a gas station for nearly 50 years. He survived the soaring oil prices of…

Fed Money Printer Goes Into Reverse (Quantitative Tightening): What Does It Mean For Crypto?

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We discuss what to expect as the Fed. massively drains liquidity from the market – the opposite effect of QE. Fed Money Printer Goes Into Reverse (Quantitative Tightening): What Does It Mean For Crypto? Also, we cover what will happen to the crypto markets when quantitative tightening takes full effect…

Ultimate Resource On Tech Giants And Crypto Companies Cutting Staff, Freezing Hiring or Slashing Costs

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Tech giants and crypto companies signal a changing approach to adding workers after years of rapid growth. Ultimate Resource On Tech Giants And Crypto Companies Cutting Staff, Freezing Hiring or Slashing Costs Updated: 5-13-2022 Facebook, Twitter Are Pulling Back On Hiring—Will Others Follow? [embed]https://www.youtube.com/watch?v=yhv0mBCekz4[/embed] Twitter Inc. is freezing most hiring.…

Mocked As ‘Rubble’ By Biden, Russia’s Ruble Roars Back

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Putin May Collect $321 Billion Windfall If Oil And Gas Keep Flowing. Mocked As ‘Rubble’ By Biden, Russia’s Ruble Roars Back * Goldman, IIF Expect Record Current-Account Surplus For Russia * Embargo On Energy Exports Can Tip Economy Into Deeper Crisis Russia’s economy has staggered through the first full month…

$35 TRILLION Global Stock Market Meltdown!!! (#GotBitcoin)

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$35 TRILLION in global market value erased since the beginning of the year. That's 14% of all global wealth. Includes the $1T losses in crypto. $35 TRILLION Global Stock Market Meltdown!!! (#GotBitcoin) For reference - 2008 was a 19% decline. [embed]https://www.youtube.com/watch?v=ddbb2nPwC-c&list=PLU1KxUVqGmaNa62W9DkI-XcAVADOYLrQU[/embed] * Doesn't include non-financial assets such as housing. Related:…

Citi Trader Is Scapegoat For Flash Crash In Europe Stocks (#GotBitcoin)

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Citigroup Inc.’s London trading desk was behind a flash crash that sent shares across Europe tumbling, dealing a fresh setback to the bank’s yearslong efforts to improve controls. Citi Trader Is Scapegoat For Flash Crash In Europe Stocks (#GotBitcoin) * Citi’s "Erroneous Transaction" Likely Reason For Steep Drop * Nasdaq…

Russia, Sri Lanka And Lebanon’s Defaults Could Be The First Of Many (#GotBitcoin)

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Soaring commodity prices and higher interest rates imperil the finances of many poor countries. Russia, Sri Lanka And Lebanon's Defaults Could Be The First Of Many (#GotBitcoin) The Economic fallout from Russia’s invasion of Ukraine now includes a sovereign default. On April 12th Sri Lanka said that it would suspend…