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Well that kinda B.S. is annoying
LADX. Called company. They stated no they did not receive such a payment
Not touching bank right now. There is another shoe to drop?
Holding my freebies. Will wait to add
LADX. can't find that news on their web site or anywhere. Link?
I got 50 k shares left. Freebies. Lovin life here
Boom!
Nice alert. thanks
Ditto
Looking good
NKLA....0915 ET - Nikola says it will offer $100M worth of stock at a discounted price of $1.12 a share to provide cash for its operations. Nikola's shares slip 8.9% in pre-market trading at $1.27 after closing Thursday at an all-time low of $1.40. The hydrogen electric truck maker says nearly 30 million shares will be offered to the public April 4, with 59.4 million shares going to an unnamed investor. Nikola has resorted to direct stock sales to individual investors in the past, most notably issuing $600M of stock to investment group Tumin Stone Capital two years ago. Nikola's cash balance has become increasingly tenuous in recent months. Revenue from early truck sales has been lower than expected. The company is preparing to start production of its hydrogen electric trucks later this year. (robert.tita@wsj.com; @bob_tita)
Of course you do. you always get it cheaper
Well it is a soft metal. Problem is getting change on a purchase
I don't believe so. posted to dd it
Took a starter in BMXI.........Gold could get hot in the near term.............
Something vlispxpert brought up deserves consideration....
Bank crisis: ECB’s Lagarde wants complete application of Basel III
https://www.euractiv.com/section/economy-jobs/news/bank-crisis-ecbs-lagarde-wants-complete-application-of-basel-iii/
and now this
Fitch Ratings: Notice of proposed rulemaking to implement final Basel III rules is expected to be issued during the first half of 2023
https://www.onenewspage.com/n/World/1zpks0tdyq/Fitch-Ratings-Notice-of-proposed-rulemaking-to-implement.htm
Basel 111 rules and gold........
New Rules for Banks
Previously, banks could hold gold on their balance sheets in the form of unallocated paper gold contracts without holding physical gold in tangible form. These paper contracts were considered as “good as gold” when it came to determining how much capital a bank needed to maintain on its balance sheet. Under the old rules, there was little incentive to hold physical gold, as it was only valued at 50% for reserve purposes. Basel III rules move physical gold from being considered a Tier-3 asset to being considered Tier-1, which allows physical gold in bullion form to be counted at 100% value for reserve purposes. Gold in unallocated paper contracts will no longer be considered an equal asset. For this reason, banks using paper forms of gold to help meet reserve requirements will have to convert those positions to physical metal, or risk becoming too undercapitalized to continue to function.
Any other gold plays you like?
Took a starter in BMXI.........Gold could get hot in the near term.............
Something vlispxpert brought up deserves consideration....
Bank crisis: ECB’s Lagarde wants complete application of Basel III
https://www.euractiv.com/section/economy-jobs/news/bank-crisis-ecbs-lagarde-wants-complete-application-of-basel-iii/
and now this
Fitch Ratings: Notice of proposed rulemaking to implement final Basel III rules is expected to be issued during the first half of 2023
https://www.onenewspage.com/n/World/1zpks0tdyq/Fitch-Ratings-Notice-of-proposed-rulemaking-to-implement.htm
Basel 111 rules and gold........
New Rules for Banks
Previously, banks could hold gold on their balance sheets in the form of unallocated paper gold contracts without holding physical gold in tangible form. These paper contracts were considered as “good as gold” when it came to determining how much capital a bank needed to maintain on its balance sheet. Under the old rules, there was little incentive to hold physical gold, as it was only valued at 50% for reserve purposes. Basel III rules move physical gold from being considered a Tier-3 asset to being considered Tier-1, which allows physical gold in bullion form to be counted at 100% value for reserve purposes. Gold in unallocated paper contracts will no longer be considered an equal asset. For this reason, banks using paper forms of gold to help meet reserve requirements will have to convert those positions to physical metal, or risk becoming too undercapitalized to continue to function.
Saw a bumper sticker...."the facts, though interesting, are irrelevant"
Seems to apply here
US oil production will remain at 'historically high volumes’ through 2050: New government report
https://www.yahoo.com/finance/news/us-oil-production-will-remain-at-historically-high-volumes-through-2050-new-government-report-211713075.html
Ben Werschkul
Ben Werschkul·Washington Correspondent
Thu, March 16, 2023 at 2:17 PM PDT
Despite his campaign rhetoric of ending fossil fuels, President Biden acknowledged in his recent State of the Union address that "we’re going to need oil for at least another decade."
But a new report released Thursday by an independent agency of Biden’s own government projects it will even be much much longer than that.
[Stay ahead of the market]
In fact, the 2023 Annual Energy Outlook from the Energy Information Administration (EIA) finds that U.S. oil production may even increase between now and 2050 even as clean energy sources like wind and solar power increase dramatically as well.
The analysts say that U.S. demand for oil and gas is likely to remain remarkably steady for decades and “we expect U.S. production to remain at historically high volumes as exports of finished products grow,” said Angelina LaRose, EIA Assistant Administrator for Energy Analysis, during a session Thursday around the release of the report.
The EIA is an independent government agency that prepared this week’s report without the input of the White House or other officials like Energy Secretary Jennifer Granholm. Their predictions have also been echoed by outside experts in recent months, but Thursday's release marks an official government acknowledgment of the widespread expectation that U.S. oil and gas production isn’t likely to wane anytime soon.
Dead bang accurate Call on the markets vlispxpert.
And we all thought college was expensive. LOL
Covid. Was Sweden right about Covid all along?
https://www.yahoo.com/news/sweden-covid-along-201447751.html
I don't think it is rocket science.......Disrupting supply chains by shutting down the economy has consequences. It is that supply imbalance that was exacerbated by free money (fed policy) and congressional spending followed up by pent up demand. Powell is now in between a rock and a hard place with limited tools. Raising interest rates may seem like a sledge hammer approach but desperate times require desperate measures........What a mess
Thanks Profit. The current market is disheartening to see and didn't need to happen. Inevitable with stupid in charge
Thanks Rig. Unnecessary, stupid and painful....it is truly disheartening.
I'm thankful I don't have to participate.
Out most everything. headed out for a road trip soon and this market is getting ugly quick.
Still holding my ECSL. Supposedly going to happen soon. We shall see
Out most everything. headed out for a road trip soon and this market is getting ugly quick.
Still holding my ECSL. Supposedly going to happen soon. We shall see
Is California taxed less than Texas? New study says yes...but there's a catch
https://www.yahoo.com/news/california-taxed-less-texas-study-005552358.html
Been a good pony. Watching
TRKA. OS 344,306,906
My guess is a clause with the preferred E shares tied to their non compliance with the financing of The Converge acquisition
TRKA. OS 344,306,906
My guess is a clause with the preferred E shares tied to their non compliance with the financing of The Converge acquisition
No surprise really. My guess is a clause with the preferred E shares tied to their non compliance with the financing of The Converge acquisition
TRKA. Hard to believe current outstanding is 67 million with the volume on it. Filing will be telling either way
Nice alert Zardiw. Thank you
Yea...but we are consistent
Nice one. Took a starter
Puke. Sold too soon
A little humor.............