Rubino: Walmart joins Costco in selling gold bars, while states make the metal “money”

via JOHN RUBINO: Recently, Costo began selling gold bars on its website (see Did Gold Just Become An Impulse Buy?). The bars were a big hit, generating revenues of $100 million in the most recent quarter. Now Walmart has opened its own Precious Metals Shop: Who’s next? If gold works for the biggest-box retailers, expect Target and …

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Nifty is in big big trouble. Liquidity is declining rapidly and positioning is getting squeezed to the upside because people are selling stocks and buying call options. But a time will come when this meltup will turn into meltdown.

by DesmondMilesDant So basically when global CB’s raises rates to fight inflation the yields on bonds started going up. Now if the money was moving from stock market to bond market to chase higher yields then why didn’t the market crashed coz the vol must have gone up. Reason being banks create SP’s that dampens …

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Toilet Paper and Cars, Will Amazon Succeed at Selling Both? We Will Soon Find Out.

by Mike Shedlock Amazon and Hyundai launch a broad, strategic partnership—including vehicle sales on Amazon.com in 2024. New Strategic Partnership Last month, Amazon announced a New Strategic Partnership with Hyundai. In 2024, auto dealers for the first time will be able to sell vehicles in Amazon’s U.S. store, and Hyundai will be the first brand available …

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Man Tricks GM Dealer’s AI Chatbot into Selling 2024 Chevy Tahoe for $1, GAS NOT EV

In a funny twist on artificial intelligence hacking, a GM dealer’s chatbot was recently tricked into agreeing to sell a 2024 Chevy Tahoe for just $1. GM Authority reports that the incident occurred on the Chevrolet of Watsonville website, which featured a custom AI chatbot powered by ChatGPT. The chatbot, designed to assist customers with …

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50% of buick dealerships take buyout to avoid selling new EV’s

General Motors in 2022 started offering buyouts to U.S. Buick dealerships unwilling to make hefty investments required for the sale and service of upcoming electric vehicles, and it turns out the offer was popular. Buick chief Duncan Aldred told Automotive News (subscription required) in an interview published on Wednesday that roughly 1,000 Buick dealerships will …

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YouShouldKnow: Your car manufacturer is collecting and selling your deeply personal information and making money out of it.

by tremens-delirium YSK: Major car manufacturers admit in their privacy policies to collecting a wide range of your personal information, to illustrate: Nissan: Their US privacy policy states they can collect data on your “characteristics, psychological trends, predispositions, behavior, attitudes, intelligence, and abilities.“ Kia: Their data collection includes sensitive information like “genetic information, sex life, medical …

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AI-Generated Woman Makes $11K a Month Selling Pictures

by Chris Black This is the future folks. Retarded virgins looking to buy a robot sex-fren. New York Post: Aitana Lopez is a vivacious, 25-year-old pink-haired model who has garnered a massive online following thanks to her stunning looks. But there’s a catch: She isn’t real, although her income sure is. The buxom babe is actually …

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Salesforce insiders actively selling stocks since June. By the moment sold $700 mln. Historically they had good timing

by ChampionshipUsed9855 Salesforce is a great company, but their stock price isn’t anything to get excited about. Insiders have been selling and the trend looks like it will continue. I wouldn’t recommend buying this stock right now. Here is monthly breakdown for last 18 months   Disclaimer: This information is only for educational purposes. Do …

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US Having Difficulty Selling Debt

by Chris Black China is selling, but they are not yet dumping, because they’re still preparing for the dump, which is going to shock their own economy. But the dump is surely coming. RT: Demand for US outstanding government debt from overseas buyers has significantly reduced with share of Treasury bonds hold by foreign private …

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Auto Loan Debt Crisis Imminent as Wall Street Profits Selling Car Loans to High-Risk Borrowers, CMBS Defaults Surge, and Germany Predicts More Commercial Real Estate Pain

The signs of an impending auto loan debt crisis are becoming increasingly apparent, as noted by AutoMoBlog. Wall Street’s lucrative practice of selling car loans to individuals with limited capacity to repay is fueling concerns, mirroring practices reminiscent of the 2008 financial crisis. Simultaneously, the rapid increase in defaults on Commercial Mortgage-Backed Securities (CMBS) is …

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Greg Crennan: ‘The need for cash as inflation continues to soar will have people fire selling their assets’

Housing experts predicted housing supply wouldn’t rise due to low mortgage rates, but people will sell homes to combat inflation. The need for cash as inflation continues to soar will have people fire selling their assets as @Redfin states below with people and their houses but the problem is demand for housing continues to collapse …

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Why selling is not done.

Why selling is not done. When I said last year 10Y above 4.7% can cause 20% equity sell-off, I didn't know the reason/narrative, but now I do. Fiscal over Fed. The market, and sadly voters, do not see it yet. https://t.co/pHtryKyiGx — Samantha LaDuc (@SamanthaLaDuc) October 20, 2023 Biden want to send $100 billion to …

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Is This The End Of Naked Short Selling?

  Probably won’t affect anyone here… https://oilprice.com/Energy/Energy-General/Is-This-The-End-Of-Naked-Short-Selling.html While what is now an all-out war on naked short sellers intensifies, there is a new flashpoint on the front line–a potentially devastating ruling targeting those who are alleged to make illegal naked short selling possible: The Facilitators: bankers and brokers. On September 29, Federal District Court Judge Lorna …

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Cartoon showing a ‘simplified’ version of how DTCC’s stock borrow program can facilitate/validate naked short selling, and why the new SEC rule doesn’t help the problem.

by TheUltimator5 feel free to sharpshoot the graphics if something isn’t clear. This isn’t easy to understand in any way. It is hard to depict some things graphically, but I did my best to make this as simple and dumbed down as possible, to allow people to slightly understand the process. I am sure there …

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Israel is selling USTs to support its currency, not buying USTs in a flight for safety.

Note that Israel is selling USTs to support its currency, not buying USTs in a flight for safety. Foreigners in total own $7.6 trillion in USTs, against $13T in offshore USD-denominated debt. The convexity of net effective UST supplies as USD rises remains very underestimated. https://t.co/EZbd7EjGYK — Luke Gromen (@LukeGromen) October 9, 2023 The Israeli …

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Airbnb (ABNB) Large Insider Selling

by stockocean There are a lot of insider sales on ABNB over the last year… $1.22bn sold this year with 0 buys. Supposedly these are a part of a 10b5-1 plan (scheduled selling) but these filings are so often manipulated (non-public disclosure on size and it’s non-binding) that I don’t place much trust into “scheduled …

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On Monday, National Cheeseburger Day is celebrated with Wendy’s and McDonald’s selling cheeseburgers at $0.01 and $0.50, respectively.

WARNING ⛔️ National Cheeseburger Day Is Tomorrow & According To The Simpsons IT’S A TRAP Wendy’s is selling cheeseburgers for $0.01 & McDonald’s for $0.50 but you might want to watch this video… Predictive programming is a subtle form of psychological conditioning provided by… pic.twitter.com/BLZrg7fYpo — Wall Street Apes (@WallStreetApes) September 17, 2023 McDonald’s, Wendy’s …

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Disney is selling ABC…

Disney reportedly held talks about selling ABC. “Sources tell Bloomberg that the talks between Nexstar and Disney are still early and that a price hasn’t yet been named. Another source tells the outlet that Disney is also considering selling ABC to Byron Allen, the CEO of Entertainment Studios, which owns several stations, such as The Weather …

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Democrat Chicago mayor wants ‘mansion tax’ on homes selling more than $1 million -and tax households earning $100k, FIRST WE GET THE MONEY

Democrat Chicago mayor wants to push ‘mansion tax’ on homes that sell for more than $1 million – and his team want to tax households earning $100K or more in report named ‘First We Get the Money’ Newly appointed Chicago mayor Brandon Johnson is looking to implement a tax on the sales of homes worth more …

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Americans’ cars now have ‘unmatched power to watch, listen and collect information about what you do and where you go’ – with at least 84% of 25 car brands in bombshell study sharing or selling personal data

Americans’ cars now have the ‘unmatched power to watch, listen and collect information about what you do and where you go,’ according to a concerning new study. According to the Mozilla Foundation, at least 84 percent of 25 car brands studied have the power to share or sell the personal data of drivers to to …

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