Helping You Thrive While We Watch The Dollar Die
Cryptocurrencies, bitcoin, and more!
For those still wondering whether cryptos are legitimate or just a passing fad, beware that a leader of one of the most outspoken groups of crypto critics has just capitulated and gotten on board. Jim Sinclair (a.k.a. “Mr. Gold”) recently hosted a “cryptos vs. precious metals” round table discussion. Which was interesting given how many of the goldbugs have had some of the most anti-crypto perspectives. Yet amazingly, after having […]
Much to the chagrin of the crypto critics, it appears as if Bitcoin and the other cryptos have gotten off the mat and aren’t dead just yet. As after experiencing a massive sell-off and sitting slightly below $7,000 per Bitcoin for the past few weeks, the price burst through the $7,000 mark and over $8,000 over the last 2 days. (chart courtesy of coinbase.com) While the price could just as […]
With all of the talk about rising interest rates, many wonder what difference it really makes and if it’s really all that important. Perhaps the easiest way to put it into perspective is to think back to what happened in 2008. Or better yet, to go back even a few years earlier. Because the collapse of the housing bubble didn’t just appear completely out of left field. Following the collapse […]
On Friday night the price of Bitcoin dipped below $7000, with many proclaiming that the “crypto bubble” has popped. And given all that we have seen in crypto space over the past year, it’s a legitimate reaction. Yet what remains more important is whether or not that reaction is ultimately correct. Certainly if you paid $20,000 for a Bitcoin, or bought any of the other tokens near their highs, the […]
The Federal Reserve met last Wednesday, and as expected their actions offered insight into what happens next in the financial markets. Specifically, not only did the Fed raise rates, but it delivered a more hawkish than expected tone, which means watch out in the stock and real estate markets. Because while it can be debated whether or not the Fed actually understands the corner it has backed itself into, at […]
Following a chaotic end to 2017, the financial markets have somewhat settled over recent months. At least the cryptocurrency and precious metals markets. However there has been volatility in the stock market and signs of deterioration in real estate as well. So have we reached the end of this historic rally fueled by unprecedented amounts of Federal Reserve printed money and digitally created credit? Are the bubbles finally beginning to […]