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Thursday, August 18, 2022

Elon Musk Blames Tesla Price Hikes On “Supply Chain Price Pressure”

Perhaps finally realizing it can't turn a profit selling vehicles or perhaps truly between a rock and a semiconductor hard place, Tesla is raising prices (and ditching features) from its vehicles.CEO Elon Musk took to Twitter late on Memorial Day to explain the hikes, blaming them on the convenient scapegoat of supply chain issues."Prices increasing…

Predicting The Price Of Gold

Authored by Ritesh Jain via WorldOutOfWhack.com, Real Rates (Inflation-Nominal rates) are currently at -1% levels and it seems they may go down even lower. But they have been negative before during the 1940s in the post WW2 Era and in the 1970s STAGFLATION. Decline in real rates sometimes can be a deliberate policy to reduce…

Price Of Physical Gold Decouples From Paper Gold

Submitted by BullionStar.com In the last month, from 14 February 2020 to 14 March 2020, we have seen a record number of orders, record order revenue and a record number of visits to our newly renovated and extended bullion centre at 45 New Bridge Road in Singapore. For the above-mentioned period, we have served 2,626 customers…

Why ‘Price Gouging’ Actually Helps During a Crisis

Authored by Bradley Thomas via The Libertarian Institute, As the coronavirus panic heightens, the price of items like hand sanitizer and medical face masks – to the extent they are still available – are skyrocketing. CBS News reported last week that “Online, sales of virus protection products have skyrocketed, up 817% in the last two months. Two…

Bitcoin Price “Golden Cross” Hints At 170% Rally To $26K By Halving

Authored by William Suberg via CoinTelegraph.com, Bitcoin can hit $26,000 in just two months thanks to a bullish event that previously triggered 170% price gains. image courtesy of CoinTelegraph As noted by Cointelegraph Markets analyst, Keith Wareing, on Feb. 18, this week saw Bitcoin’s ascending 50-day moving average cross over its 200-day moving average. Bitcoin 1-year price chart…

Sweden: The Price Of Migration

Authored by Judith Bergman via The Gatestone Institute, New figures from the European Union's statistical bureau, Eurostat, show that unemployment is rising in Sweden. According to Eurostat, unemployment there was 7.4% in August, whereas the EU average for August was 6.2 %. This leaves Sweden, on Eurostat's unemployment ranking of countries, at number 24 out of 28. According to the daily newspaper Expressen, one of…

Despite Price Drop, Bitcoin Hash-Rate Record Highs Show Miners Are Long-Term Bullish

Authored by William Suberg via CoinTelegraph.com, Bitcoin continues to set new records for its network hash rate this month, a sign that miners have shaken off weak price performance. image courtesy of CoinTelegraph Hash rate hits all-time highs in October Data from monitoring resource Blockchain confirmed hash rate hit 114 quintillion hashes per second on Oct. 23. …

The Price Of Gold Just Hit A Record High…

Authored by Simon Black via SovereignMan.com, 48 hours ago, the European Central Bank announced a bonanza stimulus package: interest rate cuts, money printing, quantitative easing, the whole nine yards. Europe’s economic growth has ground to a halt. The German economy actually shrank last quarter, according to official statistics. So the European Central Bank is throwing…
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