• Daily Digest

    Daily Digest 4/7 – SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall

    by Daily Digest

    Wednesday, April 7, 2021, 10:17 AM

Economy

SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall

As Bloomberg’s Drew Singer writes, the days of special purpose acquisition companies debuting by the dozens on public exchanges appear to have come and gone, “spelling trouble for the broader market for initial public offerings.”

After fueling a record first quarter for IPOs, SPACs have suddenly stopped going public at anything close to the same scale, as if they hit a brick wall in the second quarter.

Futures Trader Burns Tyson With $200 Million Loss on Fake Cattle

It took a while to notice, but Tyson Foods Inc. eventually realized late last year that more than 200,000 of its cattle seemed to have gone missing on a Washington state ranch.

It turns out that they never existed. That’s the bizarre upshot from the collapse and bankruptcy of Easterday Ranches, which was under contract to house, raise and feed bovines for Tyson. All told, the episode cost the biggest U.S. meat company and another producer more than $200 million, and the rancher who gambled it away on cattle and corn futures may be headed for prison.

“We Found Something Better Than Gold”: Rio Tinto Starts Lithium Production In The US

Rio Tinto has kicked off lithium production from waste rock at a plant located at a borates mine it controls in California. The demonstration facility is the next step in scaling up a breakthrough lithium production process developed at the Boron mine. The method allows Rio Tinto to recover the critical mineral and extract additional value out of waste piles from over 90 years of mining at the operation.

Texas Courts Open Eviction Floodgates: ‘We Just Stepped Off A Cliff’

The Texas state court system is signaling that it will no longer enforce a federal order aimed at stopping evictions during the coronavirus pandemic. That could clear the way for landlords to push ahead with tens of thousands of eviction cases that have been on hold.

The timing could be particularly painful for many families, coming after Congress has approved billions of dollars to help people pay the rent they owe to avoid eviction but before the vast majority of renters have been able to receive any of that money.

From beer to flat-pack furniture, Suez blockage offers a global trade snapshot

The bottleneck created when the Ever Given container ship got stuck in the Suez Canal stranded shipments from auto parts and dairy products to beer and luxury goods on their way to markets in Europe, the U.S. and Asia.

Maritime tracking data shows the cargo snared by last month’s blockage as a snapshot of global trade that is usually in constant motion. The varied goods in the containers illustrate the far-flung nature of modern supply chains and show how transportation problems on one side of the world can affect the production of goods and store inventories thousands of miles away.

Gold & Silver

Click to read the PM Weekly Market Commentary

Provided daily by the Peak Prosperity Gold & Silver Group

Article suggestions for the Daily Digest can be sent to [email protected]. All suggestions are filtered by the Daily Digest team and preference is given to those that are in alignment with the message of the Crash Course and the “3 Es.”

Related content
» More

8 Comments

  • Fri, Apr 09, 2021 - 11:53am

    #1

    thc0655

    Status: Platinum Member

    Joined: Apr 27 2010

    Posts: 2433

    11

    Peak Trust: what’s up with the lies about variants and top-up vaccines?

    https://www.lifesitenews.com/news/exclusive-former-pfizer-vp-your-government-is-lying-to-you-in-a-way-that-could-lead-to-your-death

    Dr. Michael Yeadon, Pfizer's former Vice President and Chief Scientist for Allergy & Respiratory who spent 32 years in the industry leading new medicines research and retired from the pharmaceutical giant with “the most senior research position” in his field, spoke with LifeSiteNews.

    He addressed the “demonstrably false” propaganda from governments in response to COVID-19, including the “lie” of dangerous variants, the totalitarian potential for “vaccine passports,” and the strong possibility we are dealing with a “conspiracy” which could lead to something far beyond the carnage experienced in the wars and massacres of the 20th century.

    His main points included:

    1. There is “no possibility” current variants of COVID-19 will escape immunity. It is “just a lie.”

    2. Yet, governments around the world are repeating this lie, indicating that we are witnessing not just “convergent opportunism,” but a “conspiracy.” Meanwhile media outlets and Big Tech platforms are committed to the same propaganda and the censorship of the truth.

    3. Pharmaceutical companies have already begun to develop unneeded “top-up” (“booster”) vaccines for the “variants.” The companies are planning to manufacture billions of vials, in addition to the current experimental COVID-19 “vaccine” campaign.

    4. Regulatory agencies like the U.S. Food and Drug Administration and the European Medicines Agency, have announced that since these “top-up” vaccines will be so similar to the prior injections which were approved for emergency use authorization, drug companies will not be required to “perform any clinical safety studies.”

    5. Thus, this virtually means that design and implementation of repeated and coerced mRNA vaccines “go from the computer screen of a pharmaceutical company into the arms of hundreds of millions of people, [injecting] some superfluous genetic sequence for which there is absolutely no need or justification.”

    6. Why are they doing this? Since no benign reason is apparent, the use of vaccine passports along with a “banking reset” could issue in a totalitarianism unlike the world has ever seen. Recalling the evil of Stalin, Mao, and Hitler, “mass depopulation” remains a logical outcome.

    7. The fact that this at least could be true means everyone must “fight like crazy to make sure that system never forms.”

    Login or Register to post comments

  • Fri, Apr 09, 2021 - 1:54pm

    #2
    Grover

    Grover

    Status: Gold Member

    Joined: Feb 15 2011

    Posts: 912

    1

    "Vaccine" Question

    I've heard that the mRNA vaccine modifies DNA ... and I've heard it doesn't. I've also heard that it gets in the human cell to instruct the human cell to manufacture the coronavirus spike protein. I've heard that it is persistent and will continue producing the spike protein as long as the human lives. I've also heard that it is a short term actor, but short term is never defined.

    Does anyone know for sure what it really is, what it does, and how long it lasts?

    Thanks, Grover

    Login or Register to post comments

  • Fri, Apr 09, 2021 - 2:41pm

    TWalker5

    TWalker5

    Status: Bronze Member

    Joined: Mar 13 2020

    Posts: 122

    2

    mRNA

    Grover, this is the best explanation I’ve seen thus far:

    Could mRNA Vaccines Permanently Alter DNA? Recent Science Suggests They Might.

    Bottom line appears to be that normally mRNA does not modify DNA, it self-destruct shortly after directing protein construction. But this synthetic mRNA hangs around for much longer, possibly long enough to be reverse transcripted into ones DNA.

    Login or Register to post comments

  • Fri, Apr 09, 2021 - 3:53pm

    #4
    Bill in La Mesa

    Bill in La Mesa

    Status: Bronze Member

    Joined: Dec 16 2020

    Posts: 79

    0

    mRNA

    Here's a very deep dive into the mRNA issues.

    http://enformtk.u-aizu.ac.jp/howard/gcep_dr_vanessa_schmidt_krueger/

    Hearing # 37 of German Corona Extra-Parliamentary Inquiry Committee 30 January, 2021

    A few excerpts:

    the lipid nanoparticles get into all cells, not just the muscle cells – it is an error to believe the latter

    the RNA is transcribed from the DNA and then the DNA has to be eliminated, it is digested by enzymes: by DNAses. And if this DNA is not digested well enough, if residues are left, this harbours risks.  BioNTech has admitted that there are DNA contaminants.

    VSK: To come back to Ms. Fischer’s question about the DNA. The problem is that when it contains DNA contaminants, then the situation is: well, with RNA it is relatively unlikely that it can integrate into the host’s cell nucleus. The situation is different with DNA, and especially in this case because you have contaminants of linearised DNA.  So it is theoretically possible that this linearised DNA that is in there as a contaminant could integrate into the host’s cell nucleus in a dividing cell, linearised DNA is optimal for integration.

    There are also contaminants with regard to the lipids (30.32). There are two new lipids, they have focused on them. One is ALC-0315, that is the cationic lipid, and the other is ALC-0159, the PEGylated peptide, the PEG component. And they have found that the end product – that there are contaminants in the end product in some batches.

    the LNPs consist of up to 50% of these cationic lipids: 50% is very high, they are toxic because they have this positive charge. This enables them to enter into interactions with other components of the cell really well, they can also basically interact with negatively charged amino acids.

    So what is the distribution of the lipid nanoparticles (LNPs) in the animal trial?  They injected the whole muscle and watched how the lipids spread out throughout the body, and found that these lipids were in many organs after just 15 minutes.  They found evidence of the cationic lipid in the plasma for 12 days, and evidence of the PEG lipid for 6 days. So they remained for quite some time.  The cationic lipids are exclusively degraded in the cells, only 1% was found in the stool. This means the cells take the full hit of the toxicity.  One can still find 5% of the lipid in the liver after 4 - 6 weeks – that is incredibly long.

    -------------------

    Got my J&J jab on Tuesday.  One & done, with no side effects.  Had to drive to a small town in the mountains to find it.  All the super-centers use Pfizer/Moderna, but J&J doesn't require ultra-cold storage, so it gets out to the boonies better.

     

    Login or Register to post comments

  • Fri, Apr 09, 2021 - 3:59pm

    #5

    000

    Status: Bronze Member

    Joined: Dec 10 2013

    Posts: 379

    0

    NO2 in the atmosphere (at most fear?)

    NO2 earth.nullschool image

    Technically, these are chemtrails.

    Ain't open source science grand?

    The observed large and fairly uniform 7% reduction of ozone in the northern extratropical troposphere in spring and summer 2020 provides a far reaching test case for the response of tropospheric ozone to emission changes. Further quantification of this anomaly will be possible, when observations from commercial aircraft (IAGOS), and satellite instruments become available. Additional modeling studies will improve our understanding of the contributions from different sectors such as air traffic, and surface transportation.

    COVID‐19 Crisis Reduces Free Tropospheric Ozone Across the Northern Hemisphere:
    https://agupubs.onlinelibrary.wiley.com/doi/10.1029/2020GL091987

    Login or Register to post comments

  • Fri, Apr 09, 2021 - 4:55pm

    davidrussell22

    davidrussell22

    Status: Member

    Joined: May 31 2020

    Posts: 12

    0

    Correction: No side effects.....YET.

    This could be a one-two punch plot.

    Login or Register to post comments

  • Fri, Apr 09, 2021 - 9:59pm

    Grover

    Grover

    Status: Gold Member

    Joined: Feb 15 2011

    Posts: 912

    1

    RE: mRNA

    Thanks for the post, TWalker5. It was good to read for me (someone really unfamiliar with the processes) - succinct, bite sized information ... but still had lots of "coulds" and "mays". At least, I can see how it could modify DNA. I never understood that aspect.

    I'm still not considering the jab. I'll stick with vitamins, minerals, and a modest diet that contains quercetin-bearing foods.

    Grover

    PS - bad joke warning: Did you hear about the guy who lived his whole life without drinking, smoking, gambling, chasing women, swearing, or even thinking bad thoughts about others? He eventually died of "absolutely nothing."

    Login or Register to post comments

  • Fri, Apr 09, 2021 - 10:05pm

    Grover

    Grover

    Status: Gold Member

    Joined: Feb 15 2011

    Posts: 912

    1

    RE: mRNA

    Thanks, Bill. I had heard about the preservatives, contaminants, and nanoparticles before. Who knows what other adjuvants have been included? (That's rhetorical. I really don't want to know.)

    Grover

    Login or Register to post comments