One Reader’s Horror Story… This is one of those columns I hate to write… But there’s a cautionary tale here in the lesson to be learned. An “Ask El Jefe” email landed in my inbox recently, from a reader who put some money to work in a cryptocurrency trading program. And as he told me, [Read More] …
Could Uncle Sam Confiscate Your Gold?
Even If It’s Held Overseas? Today, we start with a most-excellent question from a reader named Ioanna: I’ve been reading on the internet that no matter where a US citizen holds gold assets (ETFs or bullion) the US government can seize them… So why buy gold and then have to hand it over to the government? [Read More] …
The Key to Successful Crypto Investing
Sun Tzu Had the Right Idea… Sun Tzu would’ve been a pretty good crypto trader. I feel certain of that. I read Sun Tzu’s famous The Art of War probably 40 years ago. I’d gone to see the movie Wall Street (still my all-time favorite, though only barely above Lost in Translation and, probably, Crash), [Read More] …
Crypto Plot Twist: The IMF Backs Bitcoin
More Global Acceptance of Crypto? Sometimes I feel like that dead Bulgarian mystic, Baba Vanga. Only, I’m not dead. I’m not Bulgarian. And I am not a mystic… although Van Morrison’s “Into the Mystic” is a fantabulous song, apropos of nothing. What has me on this seemingly nonsensical verbal meandering is news coming out of [Read More] …
America to Default on Its Debt?
The Big Implications of Trump’s Latest Plan… Live long enough, the amorphous “they” say, and all your predictions will come true. Apparently, I didn’t have to wait so long… And so we begin today’s dispatch with a headline from Monday on CNBC… There’s a phrase that Congresschimps always throw around when talk of the debt [Read More] …