Bitcoin is now up over 45% since the fork on August 1st, notably spiking this week (to a record high over $3800) as US-North Korea tensions escalated and both Fidelity (retail) and Goldman (institutional) noted investor interest in cryptocurrencies is soaring.
() Monsanto is an international agriculture company that develops products for farmers around the world. Recently, the company has come under fire for allegedly participating in a cover-up campaign to suppress a study that was critical of one of their most popular products, Roundup.
Russia continues buying large quantities of gold. In July, Russia’s Central Bank purchased 9.1 tons of gold. According to Deputy Foreign Minister Sergei Ryabkov, because of new US sanctions, Russia is forced to start developing a system, within which the dollar will not be needed. Pravda.
Authored by Simon Black via SovereignMan.com, A few weeks ago the Board of Trustees of Social Security sent a formal letter to the United States Senate and House of Representatives to issue a dire warning: Social Security is running out of money…
There seems to be an inverse relationship between an investor’s purported level of sophistication and their returns in recent years. At least, that’s what one might assume when comparing the historical aggregate return of US households with that of the hedge funds community…
Way, way, way, way back before televisions were generally available in color, cable was a luxury reserved for hotels and the wealthy, and financial television was reserved to Louis Rukeyser and a weekly program on PBS and the “Nightly Business Report”, the idea of information beyond the 6:30 p…
The failure of fiat currency and fractional reserve banking to produce a government-managed utopia is generating very few mea culpas, but lots of rationalizations. Strangest of all these rationalizations might be the notion that government debt is not really a liability, but an asset…
The real demand for bitcoin will not be known until a global financial crisis guts confidence in central banks and politicized capital controls. I’ve been writing about cryptocurrencies and bitcoin for many years. For example: Could Bitcoin Become a Global Reserve Currency? (November 7, 2013)..
Bitcoin is now up almost 35% since the August 1st fork, and up over 90% from the mid-July fork-fears panic low. Buying was heavy in the overnight Asian session but surged once again this morning, seemingly after US CPI data disappointed, lifting the price to a new record high of $3547…
(Matt Agorist) According to the most recent data, Visa — which is mostly owned by banks–accounts for over 50 percent of all credit card transactions and 70 percent of all debit card transactions in the world…
After a slow and steady march higher in the wake of the ‘great recession’ nearly a decade ago, a note today from Rent Cafe shows that average rents in the United States may have finally stalled in July at $1,350 per month after posting a paltry sequential gain of just 0.1%…
Having ‘nailed’ the price action recently in Bitcoin (calling the recent pull back, extension beyiond $3,000, with a target of $3915), Goldman notes that it’s getting harder for institutional investors to ignore the rise of cryptocurrencies…
Zero Hedge The largest cryptocurrencies are under presure again today – Bitcoin, Ethereum down around 10% – as it seems some anxiety remains ahead of the August 1st scaling decision deadline, chatter about Russian Bitcoin viruses, and a new report from BofA has raised more questions than an..
When one strips away the lies about central banks’ “inflation and employment” mandates and focuses on what they really do – which is to keep asset prices artificially supported and volatility suppressed – the motive behind virtually every central bank act becomes readily apparent: preserve (and inc..
I will be watching to see what happens. If this mystery investor is correct, it will essentially be like winning the lottery. But just because he has made this wager does not mean that he has some special knowledge about what is going to happen…
The United States is home to 105 unicorn companies valued at $1B+. As of 7/25/2017, CBInsights.com reports that six private US companies are worth over $10B. The two most valuable unicorns in the US are Uber ($68B) and Airbnb ($29.3B)…
Quickly adopted by the Democratic Socialist Party (Democrats, party of Adolf Hitler, a NAZI) the strategy involves growing the Government to large and having it fall in on itself, allowing a FASCIST take over…
Quickly adopted by the Democratic Socialist Party (Democrats, party of Adolf Hitler, a NAZI) the strategy involves growing the Government to large and having it fall in on itself, allowing a FASCIST take over…
Quickly adopted by the Democratic Socialist Party (Democrats, party of Adolf Hitler, a NAZI) the strategy involves growing the Government to large and having it fall in on itself, allowing a FASCIST take over…
Quickly adopted by the Democratic Socialist Party (Democrats, party of Adolf Hitler, a NAZI) the strategy involves growing the Government to large and having it fall in on itself, allowing a FASCIST take over…
Quickly adopted by the Democratic Socialist Party (Democrats, party of Adolf Hitler, a NAZI) the strategy involves growing the Government to large and having it fall in on itself, allowing a FASCIST take over…
Dratzo! Many signs now indicate that we are actually moving closer to the much-anticipated deliveries. The numerous delays and their accompanying glitches have reached a most critical point. We continue to fully expect your promised deliveries to eventually occur…