Silver as an investment

Category Archives: Baidu

Tencent Overtakes Facebook As Hong Kong Stocks Flash-Smash Overnight

Hang Seng futures exploded over 5% higher as after hours trading began last night, then crashed back to unchanged as the underlying cash index hit its highest since Nov 2007 on the heels of a surge to new record highs for Chinese tech giant Tencent – which is now larger than Facebook by market cap. […]

Jim Cramer is Out With His Latest Prescient Market Call

View archives at Trader Scott’s Market Blog:   James J. “Jim” Cramer, the noted stock market seer, is out with another market call. JJJC has become famous for his prescience and timing. He is truly the Nostradamus of our time. So when JJ makes one of his eagerly awaited stock market pronouncements, we must all […]

Uber Launches “Self-Driving” Cars In San Francisco Without DMV Approval

Starting Wednesday, Uber is expanding its tests of self-driving vehicles to San Francisco allowing the public to ride in autonomous Volvos. Test drivers will be present in the SUVs in case a human needs to intervene. Tests will be limited to downtown San Francisco in about two dozen Volvos. What is surprising about Uber’s decision […]

Uber Throws In The Towel: Sells Money Losing Chinese Operation To Local Competitor Didi Chuxing

Concluding a vicious, money-losing ridesharing price war in China, overnight Didi Chuxing, the dominant ride-hailing service in China, announced it would acquire Uber’s operations in the country, ending a battle that cost the two companies billions as they competed for customers and drivers. As reported early in the overnight session, Didi said it would Uber’s […]

US Futures Dip, European Stocks Slide After EU Court Slams Italian Bank Bailout Plans

After a head-scratching S&P500 rally – which not even Goldman has been able to justify – pushed stocks to new all time highs with seemingly daily record highs regardless of fundamentals or geopolitical troubles, overnight US equity futures dipped modestly, tracking weak European stocks as demand for safe haven assets including U.S. Treasuries and gold […]

ZeroHedge: The Mysterious Case Of Buildings Being Scrubbed From China’s Street View

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. In September of 2014, Jonathan Browning came across something quite stunning. As a freelance photographer living in China, he was searching for locations on Shanghai's Huangpu River using Baidu Total View (the Chinese version of Google Street View). While examining […]

ZeroHedge: Futures Flat Ahead Of Strike-Impacted Jobs Report; Commodities Approach Bull Market

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. After yesterday’s two key events, the ECB and OPEC meetings, ended up being major duds, the market is looking at the week’s final and perhaps most important event of the week: the May payrolls report to generate some upward volatility […]

ZeroHedge: Saudi Arabia Sovereign Wealth Fund Buys 5% Stake In Uber For $3.5 Billion

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Just days after Toyota became the latest investor in Uber, in hopes of boosting car lease transactions, moments ago FT reported that Saudi Arabia’s sovereign wealth fund, the Public Investment Fund, is investing $3.5 billion in the ride-sharing company. This […]

ZeroHedge: New KFC Restaurant Is Run Entirely By Robots

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. First McDonalds, then Wendy’s, soon Carl’s Jr., and now KFC. The minimum-wage-driven automation of the lower-end of the workforce is accelerating… Submitted by Nick Bernabe via TheAntiMedia.org, Colonel Sanders is raising a robot army to serve fried chicken at a […]

ZeroHedge: China Is Building An Army Of Worker Robots

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Three weeks ago we reported an amusing anecdote out of China in which robot waiters in a Guangzhou restaurant had been “fired” because whencustomers flocked to the Heweilai Restaurant chain in the southern Chinese city, they found they were not […]