Five important properties of Money. I was talking about gold crashing, gold as the anti-currency, gold as the ultimate money, Do you really know what money is? The difference between money and currency, and why I am a buyer of metals.
So trading the first year of the Trump presidency tends to boil down to this: Do you think Trump can perform the miracle he's promising...? If so, then invest away! If not, then you might have another year or two left before the chickens that were hatched by the Fed in 2008 start coming home to roost.
...don't worry, everyone, the wizards of Wall Street are currently positioning themselves for one last melt-up before the whole thing goes down, so there may yet be time to squeeze another few meaningless points out of this stock market rally.
Bitcoin exchanges will continue under increasingly burdensome regulatory restrictions, but setting up accounts and transacting with others via exchanges will eventually be more time-consuming and annoying than setting up a bank account.
Every single time the so-called would-be elite put themselves in a position to interact with the public, the public tears them apart. This is why the powers-that-shouldn't-be are scared to death of a fair fight on an even playing field. They lose every time.
...no one of these stories is a silver bullet, but they're all related and point in the same direction: China and Russia are preparing for the split with US-dominated financial architecture.
With so much counter party exposure, with trails no one could ever follow, now you can understand why Central banks keep this market up at any cost.
Think of Big Data as a malevolent technocratic Santa Claus: it sees you when you're sleeping, it knows when you're awake, it knows if you've been bad or good (even in advance!), so be good for goodness sake!
My point is this folks. Predicting the future with any accuracy is a tough game even when you have rock solid, 100% true current information. Trying to do it while being lied to on just about every topic imaginable is a recipe for defeat.
When does that stop? How does it stop? Does it have to stop? Logic says yes it will indeed end. But I’ll be damned if I know just how. We have already seen so many impossible things, that I can’t wait to see the next one. Get your popcorn and watch the show.
...do the powers that be “want” the market to go to 50K? What would be the point of that? few that I can really see. Sure, it will make the top 5% a whole lot of money, but for the tens of millions that don’t have any way to own stocks…it won’t do a thing for them.
... why listen to the nattering nabobs of negativity out in the blogosphere with their endless litany of facts and details when we have the pronouncements of the Oracle in Washington herself to base our judgement on?
And just to add extra salt to the wounds of those who are fighting for $15, those corporate mega-chains are increasingly turning to a 21st-century option for ridding themselves of the low-wage worker problem once-and-for-all: automation.
pundits of today, are spewing the same crap they spewed in the 1999 market madness. Overvaluation didn’t matter they said because they were all going to make so much money in this “Internet thing”.
They want a global currency. They’re going to try and do it with SDR’s. They’ve already started the process, and I’m not certain about how it develops, but this acchain outfit is definitely one of their testing grounds.
...if the day ever comes when government can't even repay the interest on the National Debt, the illusion of solvency will disappear and the economy will collapse into calamity.
...the blockchain can be used to create digital currencies that represent the very vision of a totalitarian tyrant’s wildest wet dream.
Carbon taxes and carbon trading have proven to be a hard sell for an increasingly wary public, but with the Paris Agreement of 2015 the world saw the biggest step yet toward this technocratic future of energy control and carbon rationing. No surprise, then, that the summit itself was sponsored by and prominently supported by big oil...
In history, many “things” have been labeled money. Shells, tree bark, stones, plants, etc. But all of them lost their attractiveness and people turned back to gold and silver. Will the crypto currencies likewise eventually be shunned for something more 3 dimensional like the metals again? Time will tell.