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 »Now is the Time to Prepare for Coming Inflation
Don’t be afraid of inflation. It is already here and there is nothing we can do about it. The effects will soon be obvious to all. Just make sure you are among those who are protected and prepared to profit.
Read More »Coming Vicious Circle to Cause Whole Financial Caboodle to Collapse
Higher interest rates will lead to higher deficits and still higher borrowings. As such, we will have the perfect vicious circle that leads to the whole caboodle collapsing.
Read More »TODAY Could Be the Pin That Pricks This Financial Bubble
You only have a short window to short some of these banks' stocks because, on December 4, Italy is voting on a crucial referendum. It’s almost certain to fail - and that will probably be the pin that pricks this super bubble.
Read More »Bank Stock Recommendations Are Only 43% Accurate! Here’s A Ranking
When holding their stock picks for the year, banks were only 43% accurate with their predictions. That’s right! Flipping a coin would have been potentially more effective than buying bank stock picks, which ended up down -4.79% on the year. The S&P 500 finished down only -0.69%. Simply just making any interest in a savings account would have been more effective as well. [This article ranks] the banks, from best to worst, based on accuracy of their calls and also based on the performance of their recommendations.
Read More »Attn. Trump Economic Transition Team! Here’s 9 Necessary – But Distasteful – Proposals to Correct U.S. Economic Problems (+2K Views)
This article presents 9 proposals that I think might actually solve the deficit and debt problems of the U.S., jumpstart its economy, pay for healthcare and other costs, and do so with the least damage to the body politic and economy. I offer these proposals, though, knowing that there will probably not be one person who doesn’t find some of them extremely distasteful - and that includes me. The simple reality, however, is that this is where we find ourselves today: we are left with distasteful choices.
Read More »We Are Being Set Up For Higher Interest Rates, A Major Recession And A Giant Stock Market Crash
The waning days of the Obama administration have set us up perfectly for higher interest rates, a major recession and a giant stock market crash. It is time to batten down the hatches and to prepare for very rough seas ahead.
Read More »Look To TIPS As A Fixed Income Alternative To Bonds – Here’s Why
We see attractiveness in using TIPS as an alternative for core Treasury allocations in fixed income portfolios. Here's why.
Read More »Being A Millionaire Is Overrated! Why? Because It Ain’t What It Used To Be
Being a millionaire is overrated. Becoming a “millionaire” once meant being set for life and destined for early retirement - but that was then, and this is now. Today's infographic shows how things have changed over time, and that a million dollars of wealth ain’t what it used to be.
Read More »An Analysis Of Global Risks From An Investing Perspective
Today we analyze the global risks from an investing perspective and arrive at some interesting conclusions.
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