A Third Of The Japanese Population Is Now 65 Years Old Or Older
Japan’s labor force continues to shrink as the country’s population drops at a record pace this year. People 65 years old or older now make up 29% of the country’s entire population, the highest percentage since they began tracking in 1994. Except for Okinawa, all 47 prefectures recorded a decline in population. The total number […]
YouTuber Gets Clobbered On Twitter For Suggesting To Sell AMC Preferred Equity
The latest tea in the APE community has seen YouTube stock and crypto vlogger Matt Kohrs clobbered on Twitter after his recent post did not sit well with AMC Entertainment Holdings, Inc. (NYSE: AMC) investors. Pertaining to the recently announced brand new securities class AMC Preferred Equity or APE, Kohrs asked if it was “smarter […]
Doug Casey: The Bond Market Is The Worst Place To Be
Joining SteveCapSteve today is Doug Casey, a world-renowned resource speaker, New York Times best-selling author, and founder of Casey Research. In today’s episode, Doug dives into the current federal debt, the latest CPI print, where he thinks the inflation rate is headed, and the future of the US dollar as a global reserve currency. Doug […]
Is North Korea Offering To Send 100,000 ‘Volunteers’ To Help Russia In Ukraine?
According to Russian state TV and the outlets that picked up the news in the past few days, reports say that North Korea, a close ally of the Kremlin, is prepared to send an army of 100,000 “volunteer soldiers” to help Russia fight its war in Ukraine. Igor Korotchenko, the pundit who made the announcement, […]
Galaxy Digital: BMO Cuts Price Target To $16 After Crypto Crash
On Monday, Galaxy Digital Holdings Ltd. (TSX: GLXY) reported its second quarter financial results. The company announced that its net comprehensive losses came in at $554.7 million for the quarter compared to a loss of $182.9 million last year during the same period. Galaxy said the elevated losses came from unrealized losses on their digital […]
Michael Burry Predicts Bleak Days Ahead, Fears The Fed Might Slash Interest Rates Too Soon
Michael Burry, the investor of “The Big Short” fame, has been in a dark mood lately, cautioning people about silliness and calling for a bloodbath. He’s also uncharacteristically decided to keep some of his tweets for longer — but this isn’t about those tweets. In recent months, the investor has been predicting a bleak near-term […]
The OpenDoor Real Estate Robot
In the style of most successful tech ventures of a 2014 vintage, OpenDoor Technologies (NASDAQ: OPEN) didn’t set out to be a business that trades in real estate; just a platform that facilitates the trading of real-estate, and eventually disrupts it. The company went public in 2020, did well on the NASDAQ initially, but has […]
Kinross Gold Closes Sale Of Ghana Operations For $225 Million To Asante Gold
Kinross Gold (TSX: K) has continued on its process of divesting of certain mining assets in global jurisdictions, announcing last night that it has managed to complete the sale of the Chirano Mine in Ghana. The property was sold off to Asante Gold (CSE: ASE), whom is rapidly becoming a sizable operator in the region. […]
Verses Technologies Closes First Tranche Of $5.2 Million A Day After Announcing Financing
Verses Technologies (NEO: VERS) has closed the first tranche of its private placement, which was announced just yesterday. Under the first tranche the company managed to raise $5.2 million, which represents more than half of the total $10.0 million intended to be raised by the company. Under the terms of the financing, Verses is looking […]
Mind Medicine Sees Co-Founder Become An Activist Shareholder Demanding Changes
An activist shareholder battle might be brewing at Mind Medicine (NEO: MMED). This morning, co-founder of the company Dr Scott Freeman, via his holding company FCM MM Holdings, LLC, issued a release calling for changes at the company. Chief among the changes, is that he is demanding a new strategic plan to change the direction […]