You can’t buy physical silver for love or money or unless you want to pay nearly double over the supposed market price. As Peter Krauth of Silver Stock Investor notes in his weekly email: “the tightness in physical silver markets has only worsened. Incredibly, one-ounce American Silver Eagle coins are now selling at 100% premiums over the spot price! That… Read More »
1931, 1972,2001,2008, 2022.. I’ve lost count of how many charts I’ve looked at this year that compare the stock indices of 2022 with 1931 (or 1972, or 2008…) I get it. We are in a bear market. And we are waiting for the crash. But how do we know when the train has really fallen off tracks and over the cliff?… Read More »
The pundits would have you believe this is an “everything is going down” market. The Fed is going to kill everything. That’s not true. Higher interest rates are a boon to one sector of crypto: stablecoins. This is a list showing the total amount of US-backed stablecoins that have been issued in the world of crypto. The sum… Read More »
What caused the Great Inflation of the 1970s? Most crypto enthusiasts would say it was the collapse of the Bretton Woods Agreement in 1971 when Nixon took the US dollar off the gold standard. But the Bretton Woods collapse was only a symptom. It did not cause the economical turmoil of the seventies, such as the Sterling crisis of 1976 (almost bankrupting… Read More »
Nothing energizes the soul of a crypto-trader like punting on a ridiculous long shot. You want options trading? You want penny stocks? I give you both: penny options! Earlier in the week. I bought 600 Bitfarms (BITF:NASDAQ) call option contracts, in the money at $1.50 (Bitfarms is currently trading at $1.02). The options are set to expire on October 21st or… Read More »
Hello Dear Reader. Welcome to my world. The world where you thought your assets were safe, your pension secure, and your savings guaranteed: That world is gone, perhaps forever. Now everything is crypto. Guess which asset dropped 2.5% this month? Bitcoin. And September is supposed to be a lousy month for bitcoin. But what dropped 19% this month?… Read More »
