If this chart isn’t scary, there is something’s wrong with you. Look at that divergence between stocks and commodities compared to the last two great market crashes. Something is going to give, and it’s going to give soon. If you are on the stock side of things you are in trouble, but if you are on the commodities side of […]
MtGox is back in the news with the arrest of CEO Mark Karpeles. This news also follows the guilty plea of an FBI agent named Carl Force in the Silk Road case of extortion both against the Silk Road and Gox. I thought now would be a good time to provide a primer for newcomers to bitcoin and explain my thoughts on the […]
Bitcoin should reach an average of 160,000 transactions a day by the end of the year, or a 100% increase in transaction volume in a year. Despite the “stress test” that took place in bitcoin, where specific users spammed the network with transactions, the number of transactions per day continues to increase. At the end of 2014, the number of […]
Oil price crashes despite inventory decline, due to supply capacity increases. And credit risk spikes up. images via Zerohedge
Deflation is a scary phenomenon to many. It’s always the boogeyman the central banks claim to be fighting. They’ve inflated different parts of the economy, and free market forces are always trying to right the distortions. Deflation is the market’s invisible hand, while inflation is the result of conscious distortions created by central planners. Distortions When I talk about distortions […]
The current situation in the Middle East is a direct result of US intervention there. ISIS is blowback, unintended consequences of our past and current crimes. The US needs to stop shooting at the shadows they are creating on the wall.
Bitcoin 101 Scotty Rose is does an incredible job articulating Bitcoin to the masses. Share this with all your friends and family. If you have any questions please use the comments below.
There have been many commentaries about the strong dollar and it’s effect on the bitcoin price. The basic thought is that as the dollar strengthens the price of bitcoin goes down. It’s very similar to how gold is thought to be inversely correlated to the dollar. In the three month period from Dec – Jan that argument made a lot of […]
The 2008/2009 financial crisis was triggered by home loan defaults hitting the hypothicated tower of assets of the Too Big To Fail (TBTF) banks. Today the tower of bad debts are represented in the extreme state of the student loan bubble. And it’s not looking very stable. The Student Loan Part of the American Dream We all know the story. […]
Julia Tourianski from Brave The World puts together some amazing content. You can also find her on Twitter @bravetheworld or Facebook. Here she reads a post from the Libertarian Police Department (LPD) in a hilarious police satire piece.