With apologies to R.E.M. and a song and album I’ve never liked — though I love R.E.M. pre-Bill Berry retirement — I ask the question this morning of you, dear readers, how out of phase (and tune) you feel with what’s going on in the bitcoin markets right now? Because I don’t feel out of…
The big worry among the bitcoin perma-bears is the threat of government ‘making it illegal.’ The latest bogeyman on this front is none other than U.S. Treasury Secretary Steve Mnuchin. Rumors float that he’s considering outlawing ‘self-custody wallets,’ in effect confiscating the private keys of everyone’s cryptos. In a Twitter-thread, the chief executive [of Coinbase…
Bitcoin’s rally is all the news. It’s got the gold bugs all aTwitter as they watch their preferred safe haven asset of choice get upstaged again and again by the upstart, Bitcoin. Every day it seems like another establishment media organization goes out of its way to give Bitcoin haters like one-note Peter Schiff an…
As the coup against We The People progresses through the predicable stages of color revolution, it’s time to assess what the markets truly think about all of this. Where oh where is capital flowing to and why? Because if you answer that question you’ll get an idea of where things are truly headed. And the…
Today’s (13 May 2019) the first day in a long time financial markets appear willing to at least consider the reality of the geopolitical situation on the ground for what it is, as opposed to what most people would like it to be. As I’ve noted for months, the “trade war” is just one battle…
Blockchain technology and the birth of the so-called cryptocurrencies finds deep roots in three contributing factors: the advance of technology: the manipulation of global economic and financial rules; and the persistent attempt to weaken the national economies of countries that geopolitically challenge the US power system. In this first article I address these issues from…
