Silver as an investment

Monthly Archives: March 2018

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Lockheed Martin Patents Nuclear Fusion-Powered Fighter Jet

Lockheed Martin has secretly been developing a game-changing compact nuclear fusion reactor that could potentially fit into a fighter jet. The Maryland-based defense contractor recently obtained a patent associated with its design for a fully compact fusion reactor, after filing for the patent in 2014. If the latest patent from the defense company serves as a benchmark, […]

The History Of US Trade Policy In One Annotated Chart

As narrative-ending as it may be to nattering naybobs, President Trump is not the first, and will not be the last, to enforce major trade policies. As Goldman Sachs points out in this fully annotated chart, the US has a long history of trade interventionism, and – as the WSJ recently pointed out  – what […]

What If All The Cheap Stuff Goes Away?

Authored by Charles Hugh Smith via OfTwoMinds blog, Nothing stays the same in dynamic systems, and it’s inevitable that the current glut of low costs / cheap stuff will give way to scarcities that cannot be filled at current low prices. One of the books I just finished reading is The Fate of Rome: Climate, […]

“Unprecedented” $8 Billion Verdict Against JPMorgan Cut Drastically

JP Morgan just won an important victory in its quest to have an unprecedented $8 billion jury verdict thrown out without its hordes of lawyers having to do one single thing. Back in September, Jamie Dimon’s bank was hit with an $8 billion jury verdict for, a judgment large enough to negatively impact the bank’s […]

The Grand Illusion 2.0

Via Angry Bear blog, Introductory note: this is a very long epistle. But I think my point needs to be made fully and at length. Before you go further, in fairness here is the TL:DR version: Advocates of free trade and globalization were taken aback a week ago by the assumption by China’s President Xi Jinping of […]

Warren Buffett Is Now America’s No. 2 Real-Estate Broker

Warren Buffett’s Berkshire Hathaway is swallowing up market share in a business that Buffett said he “hardly noticed” when the company first acquired it in 2000. In light of the paucity of deals Berkshire struck last year, Buffett devoted ample space in this year’s annual report to touting the success of Berkshire’s HomeServices of America, […]

US Power Grid Vulnerable To “Devastating” Attack, NERC Finds

Just as tensions between the US and North Korea are finally beginning to cool (while animosity between the US and Russia intensifies), a recent industry report argues the US government isn’t doing nearly enough to safeguard the US electric grid from a potentially devastating attack. In its report, the North American Electric Reliability Corporation (NERC) […]

US Marines Testing Drone-Killing Future Weapons And Combat Exoskeletons

Nearly 200 US Marines gathered at Southern California’s Camp Pendleton to test out an array of the military’s most advanced new weaponry – including several devices to disable or destroy Unarmed Aerial Vehicles (UAVs), and combat exoskeleton designed by Lockheed Martin which allows soldiers to carry loads of up to 200 lbs. over long distances. […]

Not So Happy Motoring

Authored by James Howard Kunstler via Kunstler.com, It hasn’t been a great month for America’s electric car fantasy. Elon Musk’s Tesla company — the symbolic beating heart of the fantasy — is whirling around the drain with its share price plummeting 22 percent, its bonds downgraded by Moody’s to junk status, a failure to produce […]