The Federal Reserve has changed the story yet again. Now a “high probability” that unconventional policy (meaning more money printing) is going to be needed again? Here’s why the latest comments from Fed Chairwoman Janet Yellin just don’t add up.
In recent weeks rumors have circulated that Bitcoin might be about to obtain one of its most high profile customers yet. The speculation has been that online retailer Amazon might begin accepting payment in Bitcoin. Which if true would be a significant step towards wider scale crypto adoption. It’s stunning to see a non-dollar denominated payment mechanism potentially being accepted by one of the more popular and commonly used retailers. […]
Last night the price of a Bitcoin soared to a new all time high of over $5,800. Given recent events, one can only wonder what’s coming next. Several weeks ago Bitcoin was on the cusp of $5,000. However the price tumbled following attempts by Chinese officials to shut down exchanges, and negative comments from JP Morgan CEO Jamie Dimon. Yet last night the price broke through the $5,000 level and […]
Recently billionaire investor John Paulson proposed the idea of a Shareholder Gold Council. While stating that “the days of CEOs getting rich while shareholders lose has got to end,” Paulson spoke about a council that would help shareholders keep management accountable. Certainly anything that promotes transparency and accountability in the financial industry, and especially the precious metals space is a good thing. It’s an industry that doesn’t always have the […]
While it’s hard to imagine Donald Trump and Kim Jong Un actually beginning a nuclear war, the commentary between the two has become increasingly concerning. Especially as North Korea’s foreign minister Ri Yong Ho claimed that recent comments by Trump were interpreted as a declaration of war. Over the past few weeks Trump and some of the North Korean officials have been issuing a series of comments, none of which […]
With many believing that the dollar’s days are numbered, the first question that often comes to mind is what is the alternative. Precious metals and cryptos are 2 of the primary candidates, but which one to choose? There are ardent supporters of each, with pros and cons to either investment. Today we’ll consider a few of those, and as always allow you to decide what makes the most sense for […]