Hof Profit artwork

The Tesla profits and a war in Iceland

Hof Profit

English - June 05, 2019 09:45 - 24 minutes - 28 MB - ★★★★ - 2 ratings
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Lithium-ion battery production powering Iceland recovery. Average unit price 39,500 USD Electric cars need it. Airbus, the European aerospace, and aviation company recently launched a joint venture for a super bike. The talk of the game is Scandium. One of the few metals we need to get out of the innovations. Mainly from DRC Congo. Yes, there where wars are as certain as the discretion of a Swiss banker. Tesla, Daimler, Volkswagen, Porsche, Airbus they all need it. Imagine a 15% lighter aircraft, allowing aircrafts to fly with less energy, to have a more efficient space orbit. Or an efficient electric bike

Gold market. The big problem is the shortage of new resources they founded. It will take over 5 years to get a new mining facility working. So no matter what the price is doing: the gold industry can't produce. If your gold investment is not profitable around now, a good price level simply goes out. It is unlikely it will ever make you money. The big problem is the lack of new found gold. At the same time, there are more and more signals that the failing central banking policy of unlimited money printing is failing.

Iceland Crypto currency warzone? The next warzone in the global currency war is Iceland. The country which suffered tremendously in the financial crisis: it went bankrupted and at the IMF meeting associated with it the finance minister checked how much money he had with him. Because he didn't know if his credit card would work. BitCoin, thorium and other crypto currencies are being mined in a new way. They don't have a big physical mine, it's computer hardware.

Are high houses important for the economic recovery? Should we really care about it from an economic perspective? Is that what is important? But what does high house prices mean? Yes, you can sell your house for a high price. But if you are a buyer. It simply means a buyer needs to pay more. You need to pay more rent to make a house a profitable investment. So if there is a new employment center you need to pay more. So higher debt. Is that worth it? Sounds more like: high inflation is good, hurray! We need high inflation, the consumers love to pay more for goods and services. Not sure about you: I always go for the lower price and good quality.

The Robber Barrons'The people who made a fortune due to corruption, illegal activity and so on. The people who drove the money out of the pockets of hard-working people directly out of the pockets and into their bank accounts. Steel, oil, banking, railroads. But is the truth not that the political entrepreneurs are the problem? Do you like an inefficient company, powered by tax payers and inefficiency? Or do you favor a company that really cares about its customers and moves in the interest of customers? Tweet your comment to @lodewijkhof

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