Juggling Dynamite

Elon Musk, the billionaire chairman and chief executive officer Tesla Motors, will release designs next month for a system he has said would be capable of whisking people from Los Angeles to San Francisco via a tube. Here is a direct link.

The world’s largest short-seller, James Chanos of Kynikos Associates, weighs in on why he believes investors are “misled by Chinese GDP numbers,” and how he is making money there. Chanos also provides his perspective on the Fed’s asset-buying program, and how thanks to easy money speculation, many US stocks today are now at over-valuation levels seen in the spring of 2000. We should all recall how that euphoria worked out. Here is a direct video link.

Danielle was a guest today on the Financial Survival Network with Kerry Lutz discussing recent trends in the world economy and markets. You can listen to an audio clip of the segment here.

Interviews with Phil Mackesy and Talk Digital Network will resume after Labour Day.