Federal Reserve To Raise Interest Rates….Just Not Today….

federal reserve

The Federal Reserve had another meeting this week and said they still plan to raise interest rates. Although as is often the case, just not yet. Keep in mind that the last housing crisis started in 2007, a full decade ago. Yet despite unprecedented amounts of monetary stimulus the Fed has still only been able to raise short-term interest rates back up to 1%. Which would certainly make it plausible to […]

Amazon To Accept Bitcoin As Payment?

Amazon

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. […]

Bitcoin Soars To New All Time Highs

bitcoin

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 […]

Time To Invest In Learning About Cryptos

crytpos

Like many other silver investors, I continue to believe that at some point we will see an explosion in price that will leave most market watchers stunned. Perhaps something even similar to what we’ve witnessed in the crypto space this year. However the downside to silver is that it continues to be manipulated. So while a great case can be made that at some point it will almost have to […]

Bitcoin Rebounds Following China Crackdown

In the past month Bitcoin and the other cryptos have traded significantly lower based primarily on the Chinese government crackdown and comments from JP Morgan CEO Jamie Dimon. However prices have rebounded lately as “traders have now moved to buy and sell Bitcoin directly with each other on peer-to-peer marketplaces and messenger apps.” At the same time “market participants point to the limits Chinese regulators ultimately face in controlling the […]