For all of the hoopla about the rising price of bitcoin, there’s a dark side that is just now being investigated thoroughly. Most market participants know that bitcoin is used for a long list of reprehensible activities including money laundering, tax evasion, arms dealing, terrorist finance, drug dealing and child pornography. But, the story gets
Market crashes often happen not when everyone is worried about them, but when no one is worried about them. Complacency and overconfidence are good leading indicators of an overvalued market set for a correction or worse. Prominent magazine covers are notorious for declaring a boundless bull market right at the top just before a crash
Analysts who warn about government shutdowns are often viewed as the boy who cried wolf. We’ve had a few government shutdowns in recent years, most recently in 2013, and two in the 1990s. These were considered true government shutdowns in the sense that Congress did not authorize spending for any agency, and all “non-essential” government
RMR: Special Guest – Kevin Massengill – Meraglim Holdings (10/28/2017) Rogue Money’s “V” interviews Meraglim Holdings Founder and CEO Kevin Massengill. Meraglim’s focus is Predictive Data Analytics through “Complexity Science & Human Intelligence: Exceptional Risk Management and the Vindication of Active Investing.” Co-Founder of Meraglim™ is James G. Rickards – Co-Founder & Chief Global Strategist
I write and speak a lot on gold. In contrast, bitcoin is my least favorite topic. I’m made my views known many times. Bitcoin is a bubble and will crash and burn, probably to the $200 level sooner than later. It’s worse than a bubble because it’s shot through with bad actors, criminals, market manipulators,
Banks stocks have been on a tear lately, as reported in this article. The reason is not difficult to discern. The Fed is on a path to raise interest rates. This is generally good news for bank earnings. Banks make money on the “spread” or difference between their own cost of funds and the interest they charge
We hear in the news every day about threats to peace coming from North Korea. Kim Jong Un seems determined to complete his plan to build an arsenal of nuclear-armed ICBMs that can threaten the United States. The U.S. is just as determined to prevent Kim from obtaining that capability. Diplomacy is being pursued, and
