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Quote of the Week, Shocking Stat & Goofy Award


Quote of the Week
School’s back this week and eminent economist, Thomas Sowell’s astute observation on what we’re doing to our kids.

Shocking Stat
If this shocking economic stat doesn’t get your attention – can’t think of what will.

Goofy
It will take all the insensitivity you can muster to ignore the troubling anniversary but don’t worry our politicians are.

Mike’s Comment – Sept 4

Before we “reimagine capitalism,” which entails record levels of government control and regulation we should consider their track record.

Entire Show – Sept 4th

Given its track record how can anyone vote for more government control and regulation. Looking for a homerun, The Trend Letter’s Martin Straith has two “off the grid” stock selections. Plus Ozzie on the outrageous secret report on foreign real estate buying. Plus one of the sorriest anniversaries in Canadian history.

How to Invest in the Booming Chip-Tech Industry

How much of the modern world is powered by chip-tech? From computers and TVs to cars and washing machines, chips (or semiconductor devices) enable almost all of our digital goods.

When the COVID-19 pandemic brought the regular world to a halt, it put a focus on our increasingly digital world and personal electronics. Even as consumption of major purchases like vehicles slowed down, more than 1 trillion chips were shipped globally in 2020.

As economies picked up and demand increased across all goods, a global semiconductor shortage started to impact the largest companies and economies in the world. All of a sudden, the global semiconductor field was front-and-center in the minds of politicians, executives, and investors…read more.

Kid siblings earn over $30,000 a month mining cryptocurrency

Fourteen-year-old Ishaan Thakur and his sister, 9-year-old Aanya, spent their summer building a lucrative business mining cryptocurrency.

“We started because we wanted to learn something new about technology – and also make some money along the way,” Ishaan tells CNBC Make It.

And they have.

Each month, the siblings make over $30,000 mining three digital coins: Bitcoin, the largest cryptocurrency by market value; ether, the second-largest; and ravencoin, an altcoin amid the top 100, Ishaan says…read more.