Friday, August 14, 2020

Notes From All Over -- The Late Friday Night Edition -- August 14, 2020

Update on the DAPL: see this link at Schwa Nation.
 
Moving quickly:

Color me impressed, link here:

Warren Buffett is more surprising than some of us thought. It is being reported that Berkshire Hathaway:

    • "slashed" positions in Wells Fargo and JPMorgan; dumps Goldman stake;
    • buys gold (gold miner Barrick).

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.

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Farming

If this is accurate .....see item in bold red, link here:

...fresh off its June initial public offering, Albertsons Companies Inc announced an agreement to offer fresh produce made by Plenty Unlimited, a vertical farming company. Plenty operates a sustainable indoor vertical farm that can grow produce all year long. The company heavily relies on technology to grow produce, including data analytics, machine learning and customized lighting. 

In its present form, the Plenty farm can grow 1 million plants at a time and process 200 plants per minute. The farm is also designed to use less than 1% of land and 5% of water versus traditional farming. I will be watching for independent verification on this one. Link here.

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Fool Me Once, Shame On You; Fool Me Twice, Shame On Me
Trump Administration Didn't Get Fooled The Second Time

From Reuters:

Venezuela had few options for obtaining gasoline on Friday after the United States seized four Iranian fuel shipments en route to the fuel-starved South American country, where protests intensified over widespread gasoline shortages. 
The U.S. Department of Justice said it had confiscated approximately 1.1 million barrels of fuel aboard four vessels, which were destined for Iran's ally, Venezuela. 
Tehran had successfully sent five fuel tankers to Venezuela earlier this year
The U.S. maintains sanctions on the oil industries of both countries. Oil refineries in once-prosperous OPEC member Venezuela have capacity to process some 1.3 million barrels per day (bpd) of crude, but they are producing little fuel due to years of under-investment and mismanagement at state-owned oil company Petroleos de Venezuela.

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