Showing 259 Results for bitcoin
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Showing 259 Results for bitcoin
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January 23, 2023
SWIFT will no longer process currency transactions from bank accounts to crypto exchange, with a value of fewer than 100,000 USD, effective February 1st, 2023. The move is designed to reduce the access of crypto investors which is a step toward what I have been warning that governments will NOT allow private cryptos to compete. […]
December 30, 2022
There is an onslaught of misinformation about the Federal Reserve from everything that it can go bankrupt, and the Treasury will become a second central bank, and of course, the Fed is really the cause of inflation and its balance sheet. The proposal by Janet Yellen to buy in long-term debt and swap it with […]
December 5, 2022
COMMENT: Marty; you should not be so hard on yourself. Nobody has tried harder than you to alter the outcome. Socrates is just unbeatable. I shared your hope that gold would have just cracked $1000 and that would have been a sling-sot up. But it stopped at $1045 and the reversals were elected and that […]
November 15, 2022
This FTX scandal is the death nil for cryptos. At first, I assumed that perhaps they lost a ton of money because of the implosion of the bond market. But this was not the case. In fact, this is perhaps the worst I have ever seen and it comes from trading losses from kids that […]
November 14, 2022
The collapse of the FTX Exchange is pretty straightforward insofar as this is the same lesson that constantly repeats in finance time and time again. Basically, FTX lent US$10bn of client funds to their trading arm Alameda, which used it for leveraged their own crypto speculation because the crypto market has been collapsing. Typically, […]
August 24, 2022
Comment: I use Coinbase to hold some crypto. They sent me an email saying that my account that I had for years would be limited to withdrawals only if I do not give them updated government ID and download the latest version of the application. I use this on my PC and do not have […]
August 3, 2022
ASIA: China announced on Tuesday that its People’s Liberation Army (PLA) would launch a series of targeted military operations on the island in response to House Speaker Nancy Pelosi’s visit to Taiwan and its resolute defense of national sovereignty and territorial integrity. The announcement came shortly after Pelosi landed in Taiwan, the first time in […]
July 15, 2022
ASIA: China will fare the worst if spiking inflation, slowing growth, and rising interest rates lead to stagflation, according to the results of a stress test of 20,000 companies conducted by credit rating agency, S&P Global Ratings. The company said over 90% of its sample was made up of unrated companies with debt totaling […]
June 14, 2022
I’ve said it before and will say it again – cryptocurrencies are not a safe investment. I know it is not a popular opinion; people have had success with trading. The problems with cryptocurrencies: (1) they depend entirely upon the government; with the stroke of a pen, they can all be seized; (2) they depend […]
May 30, 2022
QUESTION: Marty; the gold propaganda is increasing dramatically. They are now claiming there are five signs that say the dollar will collapse any day now. Warning Sign #1: Russia Sanctions Prove Dollar Reserves “Aren’t Really Money” Warning Sign #2: Rubles, Gold, and Bitcoin for Gas, Oil, and Other Commodities Warning Sign #3: The Petrodollar System […]