Tag: debt
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Does Plurilock Security (PLUR.V) loan forgiveness signal a positive post-pandemic reversal of fortunes?
Plurilock Security (PLUR.V) received debt forgiveness from their U.S. Small Business Payroll Protection Program (PPP) loan to the tune of $199,830 in principle and $2,053.82 today, according to a press release. The PPP is a multi-billion dollar loan program offered as part of the U.S. Coronavirus Aid, Relief and Economic Security (CARES) Act. It was…
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Gold (GLD.NYSE): Is the U.S. too broke to fight another war?
A $6.4 trillion price tag, means that adventures-in-the-middle east cost each U.S. tax-payer USD $42,000. The median U.S household has only $11,700 in savings. 29% of U.S. households have less than $1,000 in savings.
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A “skies the limit” stock market = a house of cards?
Lately, I’ve been making a point of asking those around me, when the conversation inevitably turns to stocks, “what’s your current exposure to equities?” Some people don’t have a ready answer to that simple query. Some have a general idea, but many don’t have a clue as to how they are positioned among the various…
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Markets and the Middle East: A look at Gold, Oil, and Student Debt
BREAKING: Boeing 737 Jet Crashes in Iran due to technical issues after takeoff. Source (ISNA) Oil Stuff & The Middle East At least two airbases housing US troops in Iraq have been hit by more than a dozen ballistic missiles. Iranian state TV says the attack is a direct retaliation to the US killing top…
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Gold tags $1500 as 2019 draws to a close
A translation of this article is available in Chinese at our content partner NAI500 here. Gold is ending the year with a better than 17% gain, a move that has more than a few traders, fundamental and technical alike, glued to their screens, waiting for the (inevitable) assault on the $1560.00 – $15070 level. The…
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How GTEC Holdings (GTEC.V) found itself down but not out
GTEC Holdings (GTEC.V) is in a bind. In other words, it’s down. Its own management would, and did, say as much. An article posted last month by thedeepdive.ca titled “Is GTEC Holdings Essentially Bankrupt?” called into question the company’s cashflow issues and its declining share price. What was GTEC CEO Norton Singhavon’s response? “I thought the points they…