The Horse Is Out of the Barn I come to today’s dispatch by way of a reader named Patrick. Patrick asked what might just be one of the most relevant questions today in crypto. Take it away, Patrick: I’ve read your views on bitcoin and crypto in general and agree with much of what you say. [Read More] …
My Predictions for Congress and the Stock Market in 2022
Time to go way out on a thin limb. We are just over a year away from the 2022 mid-term elections that will see a host of Congress-folk up for re-election. Here’s my two-pronged prediction: The Democrats lose Congress. The stock market has a pretty good last quarter of 2022. Let’s start with the Democrats…(and, by the way, this isn’t political; it’s [Read More] …
A Brief Guide to Investing in Crypto for Retirement
Change happens, whether “the system” likes it or not. Of course, the system is always late to the party. At first it refuses to go. Then it sees that the party is happening, even as it insists that the party is altogether stupid. Then…well, the system joins the party, pretending all along that it knew this was going to be the [Read More] …
Is Congress About to Blow Up the Economy? Yes, It Appears So…
With apologies for stealing from a dead guy (New York Yankees great, Yogi Berra), “It’s like déjà vu all over again.” Just over a decade ago, late-summer 2011, America awoke on a Monday morning to stunning financial news. For the first time in history, bond-rating service Standard & Poor’s had downgraded America’s debt to AA+ from AAA. Doesn’t seem like much, like getting [Read More] …
How the Crypto Revolution Will Transform Real Estate
I have a friend. She’s in real estate. She’s mad at me. She asked me about earning 10% annual interest in a crypto-savings account. I sent her a copy of the special report I wrote on decentralized finance and crypto-banks such as BlockFi for subscribers to our monthly Global Intelligence Letter. I also told her I thought her industry was about to go through [Read More] …
