Do our elected leaders comprehend the ‘nature’ of our money today? I don’t think so! We need to educate all our leaders and the public on what is happening today within our markets!
Read More »Bitcoin Could Reach $10,000 – Here’s Why
Bitcoin has entered a parabolic phase, blowing past the price of gold and hitting new all-time highs on a daily basis, and Trace Mayer, a leading expert on bitcoin, believes bitcoin could reach as high as $10,000 in a few years. Below is his rationale.
Read More »Ethereum Cryptocurrency Up 10,000% In 16 Months! These 3 Charts Depict the Financial Miracles of Our Crazy Times (+2K Views)
Those who bought Ethereum cryptocurrency at the end of 2015 realized a 10-bagger by January 16, 2017. Those who bought then have already realized a 10-bagger. Those that rode it all the way up over the 16 months have a 100-bagger or a 10,000% gain!
Read More »The Dollar Affects The Stock Market – Here’s How
When the dollar is strong, U.S. stocks tend to outperform international equities and, when the dollar is weak, international stocks tend to outperform. Let’s take a look at an example to see how this has played out over the past 20-plus years.
Read More »Charts & Tables Showing Performance of Markets & Currencies In Q1 of 2017
This post consists of tables and charts which show how markets and currencies have performed to date in 2017.
Read More »Bitcoin Has Reached Parity With Gold! A Chart Of Its Fast & Volatile Rise (+2K Views)
Would you rather have one bitcoin, or a single ounce of gold? The answer used to be obvious but, since an off-year in 2014, the enigmatic cryptocurrency has steadily climbed in price to take the title of the best-performing currency in both 2015 and 2016. And today? After continuing its rally into 2017, the price of bitcoin has now passed this arbitrary, but psychologically important measure of parity with an ounce of gold. How did we get here so fast?
Read More »What an America First Trade Policy Could Mean for the US Dollar (+2K Views)
Are the actions being taken by Trump’s administration to spur domestic manufacturing, jobs and economic output a precursor to a weaker dollar and another bull market in gold? Only time will tell, but investors should keep close watch on this developing scenario and adjust portfolios accordingly.
Read More »Citizens’ Love For Gold Has Created Serious Economic Issues For India
India has, in effect, a dual currency system where people choose to save mostly in gold rather than rupees. This is unlike any other major economy and begs the question: how do you wean a population off a precious metal?
Read More »Bitcoin: Another Boom, Another Crash – Falls 31% Overnight! (+2K Views)
Another boom and another crash. The story of Bitcoin has been a roller coaster ride of rises and falls to say the least. People have watched in awe as Bitcoin has catapulted higher in recent weeks yet this was not meant to last. Once again, as it has so many times before, Bitcoin has suffered a serious setback, falling roughly 31% overnight!
Read More »Russia Is Hoarding Gold – Economic Warfare With U.S. Looms As A Result
Currently, Russian gold reserves rank 7th in the world. It’s clear that there is a concerted effort by Russian authorities to build up the country’s gold reserves as part of a national strategy to negate the effects of economic warfare waged by the United States.
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