ASIA: The price of Bitcoin fell below $34,000 (£24,030) for the first time in three months on Wednesday, after China imposed fresh curbs on cryptocurrencies. Beijing banned banks and payment firms from providing services related to cryptocurrency transactions. Despite this, a major US based bank, Wells Fargo, said on Wednesday it would introduce professionally managed […]

The general talk has been that the end of the fiat monetary system is imminent. Central bank digital currencies allegedly threaten the US dollar, according to some very shallow reasoning and a total lack of understanding about why the dollar is even the reserve currency. Beyond that delusion, these people are claiming that cryptocurrency will […]

QUESTION: Hi Marty, hope your are doing well. I have some question regarding trading to you. Why is this game mentally and physically so hard to learn… normally every trade has a 50:50 chance but if I enter the market everything is going „different“. Just trade against me and you will become even much richer, its […]

ASIA: According to a study, some 75% of the world’s bitcoin mining is done in China. The reason given for this in the report is cheap electricity and relatively easy access to manufacturers who make specialized hardware. As a result, the nation’s bitcoin carbon footprint is as big as one of its ten largest cities, […]

QUESTION:   Hi Martin Thanks for all the work you do, my day always starts with reading your take on things. I was a member until recently as I am out of a Job. I Live in Toronto, where lockdowns have been the worst and longest in North America. Presently looking to relocate out of the […]

ASIA: China will invest more in coal to power its economy over the next five years, according to a government plan released Friday (Mar 5) that only modestly increased renewable ambitions. Environmentalists had been hoping China’s five-year national development plan, unveiled at its annual parliamentary session would give a roadmap for its goal of carbon […]

COMMENT: Mr. Armstrong, I thought you were wrong on Bitcoin and that it was a store of value. I can see now that it is only a trading vehicle as you have said. But what made me write to you is I just read that Dorsey is opening up an online bank. You got that […]

by Charles Bragg (1931-2017)  The markets have been dominated by the elections and COVID. The future is clearly being dictated by what is taking place politically on a global scale. When we look around the world we clearly see that even the German share market is positioning itself as an alternative to bonds. The commodities […]

QUESTION #1:  Hi – Martins blog post on the plan of canceling the currency Jan. 1st 2021 is very disturbing. Could he please clarify if that is indeed the plan and if it includes the USA. It is not entirely clear. Tks C ANSWER #1: The Democrats have been trying desperately to join the World […]

QUESTION: Can you please answer the important question that everyone is wondering about? If we go to a digital currency then what will become of bitcoin and all of the others? I am thinking that they would not want the competition and would then outlaw all other cryptos. Can you please share your thoughts on […]