Author: Safe Haven

The Mystery Behind Tesla’s Chinese Sales Hiccup

The Mystery Behind Tesla’s Chinese Sales Hiccup from Safe Haven A week after a report that Tesla’s sales in China crumbled in October and the EV maker refuting it as ‘wildly inaccurate’, an auto industry expert said that the third-party...

This Week’s Major Pot Sector Shake-Ups

This Week’s Major Pot Sector Shake-Ups from Safe Haven 2018 has been a hotbed of activity for the marijuana industry, with a wave of consolidations, mergers and investments acting as a nice validation. But one trend has been conspicuous by...

Traders Euphoric After “Extraordinary” G20 Meeting

Traders Euphoric After “Extraordinary” G20 Meeting from Safe Haven The G20 went off better than most expected, with Trump reportedly playing an innocuous role as an actual diplomat; but the coup de grace for the equities market was some breathing...

Maduro Triples Minimum Wage, Raises Price Of “El Petro”

Maduro Triples Minimum Wage, Raises Price Of “El Petro” Late last week, Venezuela’s President Nicolas Maduro ordered a hike in the value of the country’s state-sponsored cryptocurrency ‘el petro.’ In an announcement on Thursday, President Nicolas Maduro ordered that the...

Investors Lost $4M In This Celebrity-Endorsed Crypto Scam

Investors Lost $4M In This Celebrity-Endorsed Crypto Scam from SafeHaven Federal authorities have arrested the CEO of a cryptocurrency operator based in Dallas for allegedly defrauding investors out of $4 million in a digital coin scheme that legendary boxer Evander...

Elite Santas Earn More Than You Think

Elite Santas Earn More Than You Think by Josh Owens – SafeHaven If you thought Santa was just a random, down-on-his-luck and possibly drunk old man your nearest mall pulled off the street for some cheap help selling toys at...

The Bitcoin Bubble Could Usher In A New Golden Era

The Bitcoin Bubble Could Usher In A New Golden Era from Safe Haven One of the greatest asset bubbles of all time appears to have just burst. It’s not the stock market. Despite recent downside volatility amidst bubble-like valuations, so...

U.S. Trade Deficit Reaches A Record High

U.S. Trade Deficit Reaches A Record High By Fred Dunkley for Safehaven.com Despite—or because of—all the tariffs and the intensifying trade war, the U.S. goods trade deficit reached a record high in October, hitting $77.2 billion, based on Census Bureau...

Tariff Troubles Are Bankrupting American Farms

A total of 84 farms in the Midwest have filed for chapter 12 bankruptcy protection over the 12 months ending in June, according to a 14 November report from the Minneapolis Federal Reserve–more than twice the level seen in 2014,...

Flying Cars Are Closer Than You Think

Flying Cars Are Closer Than You Think from Safe Haven Flying cars were thought to be coming as soon as four years from now, but actually commercial models are coming up sooner than what had been thought. Air taxi startup...

Gold Bulls Aren’t In The Clear Just Yet

Gold Bulls Aren’t In The Clear Just Yet from Safe Haven Jerome Powell spoke yesterday, and the early sentiment is that gold markets considered his remarks as dovish. And the market is always right, isn’t it? Just Below Neutral On...

Trump Takes Aim At General Motors

Trump Takes Aim At General Motors By Fred Dunkley – Safe Haven TDC Note – Another level of the unintended consequences of corporate stock buy backs. When you use tax payer funds to recycle your on stock, instead of doing any Research...

SEC Boss Speaks Out Against Bitcoin ETF

SEC Boss Speaks Out Against Bitcoin ETF from Safe Haven The cryptocurrency community has been eagerly awaiting the approval of a Bitcoin ETF since early November, when U.S. regulatory agencies were supposed to officially announce a decision on a number...

What Warren Buffett Does With His Billions

What Warren Buffett Does With His Billions from Safe Haven While everyone’s keen to take a few pages out of Warren Buffett’s book for investing and making billions, fewer seem interested in learning other important life lessons from the master,...

Tesla’s Chinese Sales Are Plummeting

Tesla’s Chinese Sales Are Plummeting By Oilprice.com – Nov 27, 2018, 12:00 PM CST Tesla’s sales in China nosedived by 70 percent last month in the latest demonstration of the adverse impact the U.S.-Chinese trade war is having on business....

How Central Banks Impact Gold Markets

How Central Banks Impact Gold Markets from SafeHaven The latest edition of LBMA’s Alchemist focuses on the role of central banks in the gold market. Sylvie Goulard, Deputy Governor of Banque de France, wrote the first article, entitled Banque de...

Online Shopping Just Got More Expensive

Online Shopping Just Got More Expensive from Safe Haven While online retail businesses used to have to pay sales tax only in states where they had a physical presence, a June Supreme Court ruling has given states the ability to...

Fears Of An Economic Slowdown Grow

Fears Of An Economic Slowdown Grow from SafeHaven Negative economic signals. The WTO said that trade momentum slowed in the third quarter and is likely to continue to slow in the last three months of 2018. The WTO says trade...

Bitmain Faces $5 Million Lawsuit

Bitmain Faces $5 Million Lawsuit from Safe Haven Bitmain is in hot water once again, facing a $5 million class action lawsuit from customers who allege the firm was using its hardware to mine crypto without customers’ knowledge. On November...

Holiday Season Brings Little Cheer To Gold Markets

Holiday Season Brings Little Cheer To Gold Markets from Safe Haven Thanksgiving and Black Friday are the biggest shopping seasons of the year for the retail and consumer discretionary sectors, but no one really seems to be shopping for gold....