Gold went from $800 in 2008 to a high of $1900 USD in 2011 and gold stocks soared. Hundreds of companies went public in the search for the yellow metal. In January 2009 crude oil went from $48 to high of $124 in April 2004 and oil companies rewarded shareholders with magnificent returns. Again, hundreds of companies went… Read More »
It’s easy, every gambler in the world is betting on Bitcoin futures. Let me explain: In case you missed it, Bitcoin has been on some wild ride the last two days. This is a chart of the XBTUSD futures on Bitmex, the largest Bitcoin futures exchange in the world. The XBTUSD futures contract is a perpetual swap contract… Read More »
I am getting email from readers just starting to dip their toe into crypto-currency investing. They are picking blockchain companies off the public market listings and asking “Do you like this one?” Most of the time (surprisingly), I say no. This is what you should be investing in RIGHT NOW. Deals that have exposure to the Big Three… Read More »
HIVE Blockchain is now the #1 shorted stock on the Toronto Venture Stock Exchange (TSXV), with reports showing more than 7 million shares have been shorted as of yesterday: It’s impossible to know whether it’s daytraders who are chart driven or actual HIVE shareholders selling their stock ahead of the locked-up December shares—trying to lock in a profit. … Read More »
Do you believe in the long-term future of initial coin offerings but can’t stomach the lack of regulation, wild-west mentality, and outright scams in the marketplace? There are just not a lot of good deals out there. Nano-caps have turned overnight-blockchain with a signed MOUs or JVs that lets them put out a news release with words “blockchain”… Read More »
(Be The Banker, Not the Gambler) Last Wednesday the planned fork for Bitcoin was called off, causing a massive shift in the futures contact of Bitcoin on Bitmex. This caused huge loses among some Bitcoin investors, but not for me, as my trade was hedged. If you want to make a living in Vegas, it’s best to… Read More »
