In this week’s recap, Marcello talks about an attack suffered by Elon Musk because he allegedly ordered Starlink’s engineers to shut off its network over Crimea. Sugar shortages are on the horizon as India, one of the world’s biggest producers and consumers of sugar, has reportedly announced a shortage. India has officially set its first oil trade using rupees instead of US dollars. On Thursday a Ukrainian official is slamming Tesla & SpaceX CEO Elon Musk for ordering engineers to shut off […]
Global Investing Blog
August 27: Masks are back! Trump Mug Shot, India Restricts Sugar Exports (Recap ep242)
In this week’s Recap, Marcello talks about the possibility of the return of the mask mandate in the US; A picture of a mugshot of former president Trump has gone viral in the internet; India is restricting the exports of sugar due to the reduced local production, this adds up to its restriction on rice exports. Brazil’s President called on the BRICS nations to create a common currency for trade & investment between each other, as a means of reducing their vulnerability […]
August 20: Michael Burry bets $1.6 Billion against market, Another Bank Failure, Tesla 6 days of losses (Recap ep241)
In today’s Recap, Marcello talks about how the reknown investor, Michael Burry, best known for his massive profits achieved during the housing crash of 2008, has put a billionaire bet against the market; more banks are failing; and Tesla’s shares have had a recent negative strike of six consecutive days. Friday was the 6th straight session of losses for the electric vehicle maker Tesla stock fell another -1.70% at $215.49, at a length not seen this year. Tesla last saw a losing […]
August 13: Space Tourism Starts, Food Prices explode 250%, Warren Buffet Reports RECORD Profit (Recap ep240)
In this week’s recap, Marcello talks about how the Richard Branson dream of space tourism has become a reality with its first “flight” with space tourists completed this week; Food prices keep rising amidst supply concerns; Berkshire Hathaway posted its highest ever quarterly operating profit, while gains from stock holdings helped the conglomerate led by billionaire Warren Buffett swing to a nearly $36 billion overall profit. Virgin Galactic, the space tourism company founded by British billionaire Richard Branson, finally launched its 1st […]
July 30: Prepare for Blackouts! Massive Heatwave, Another Bank Collapses, Cities Bankrupt Next? (Recap ep238)
In today’s recap, Marcello tells us to be prepared in case of possible blackouts due to the heat wave affecting the world and especially the eastern US states. Another bank has collapsed in Kansas, making it the 5th US Bank to fail this year. Worldcoin, a digital ID project co-founded by ChatGPT founder Sam Altman, is set to launch its own crypto token.PJM Interconnection LLC has declared a level one emergency for the 13-state eastern US grid and called on all power […]
July 23: Digital ID connected CBDS, “mostly peaceful” tornado destroys Pfizer, Lab grown meat approved USA (Recap ep237)
In this week’s recap, Marcello talks about a global digital currency that will be linked to a global digital ID meaning your transactions can always be tracked; a “mostly peaceful” tornado destroyed 50,000 pallets of medicine when it hit a Pfizer plant in North Carolina, this will lead to shortages of anesthesia and other sterile injectibles; and the USA joins Singapore as the only countries approving “cell-cultured” meat for human consumption. India, the world’s biggest rice exporter accounting for some 40% of […]
July 9: AI Robots for elderly, Govt gets censored, Flying cars coming soon (Recap ep235)
In today’s recap, Marcello talks about a new AI Robot called Nadine, which has been upgraded with the AI Model GPT-3, improving its interaction and conversation skills. Its creator says it could be far more effective than human caregivers in tending to the sick and elderly. Several Fed agencies (like DHS, FBI, and DOJ) were prohibited from working with big tech to censor posts on social media. Alef Aeronautics, backed by Elon Musk, presented a pre-sale of their most recent “flying car”. […]
July 2: Australian banks restrict withdrawals, New York goes after Pizzas, Chaos in France (Recap ep234)
In today’s recap, Marcello talks about how Australia’s largest bank has limited withdrawals to $667; the city of New York has ordered pizzerias to restrict the use of coal and wood-fired ovens to reduce carbon emissions by up to 75%; Strong protests in France have caused mayhem following the fatal police shooting of a teenager in Paris. Police have been trying to control the situation, but agitated crowds have been causing damage non-stop for the last couple of days. U.S. tech giant […]
June 25: Tesla finds fortune, blackouts in Texas, Lab grown meat approved US (Recap ep233)
In this week’s recap, Marcello talks about the recent events that is making Tesla, the automaker, at the top of the race in the electric vehicle contest; Operator of Texas’s power grid has wasked customers to preserve electricity to prevent blackouts facing the summer heatwave to come; US is the second country worldwide to give a green light on the production of Lad-grown meat. Shares of Tesla surged +5.34% on Tuesday at $274.45 with Rivian being the latest automaker to announce a […]
June 18: Wheat & Silver Shortages, Electric Vehicles pollute more than Gas, Banking Crisis Worse than 2008 (Recap ep232)
In today’s recap, Marcello talks about the droughts that are probably going to cause a reduced wheat and corn harvest. The production of electric vehicles generates more greenhouse gas emissions than that of a gas car. The actual banking crisis has already reached levels worse than those of 2008. Silver’s short-term performance has outperformed recent gains in gold. The percentage gain in silver has been almost 3X of that seen in gold since May 26. The U.S. Federal Reserve is taking a […]