Nonetheless, the fact remains that the U.S. dollar is weak and it has already peaked out in its rise as the world’s reserve currency. The importance of the USD in the global economic landscape has started to plateau and it’s…
Gold Buying ‘Opportunity’ After Surprise 3.4% Drop “Gold rebounded after the biggest drop in more than a year as investors reminded themselves of a world that’s beset by risk, from the prospect of further currency weakness to the final stretch…
We discuss how finance is ruining America. In the second half, Max interviews Ronald Reagan’s budget director, David Stockman, author of ‘Trumped: A Nation on the Brink of Ruin’… And How to Bring It Back.’
The following story hasn’t received the attention it deserves. Back in May, a man was arrested by a private security guard and an off-duty police officer after asking pointed questions to American diplomat and author Dennis Ross during a library…
When did our financial and political elites become self-serving parasites? Some will answer that elites have always been self-serving parasites; as tempting as it may be to offer a blanket denunciation of elites, this overlooks the eras in which elites…
Deutsche Bank “Is Probably Insolvent” by Tim Price This is getting to be a habit. Previous late summer holidays by this correspondent coincided with the run on Northern Rock, and subsequently with the failure of Lehman Brothers. So the final…
Hating the U.S. dollar offers the same rewards as hating a dominant sports team: it feels righteous to root for the underdogs, but it’s generally unwise to let that enthusiasm become the basis of one’s bets. Personally, I favor the…
Sterling gold rose 1.3% today as sterling slumped again after the UK set a March deadline to start their ‘Brexit divorce’ proceedings from the European Union and on deepening nervousness regarding a ‘Hard Brexit’. Gold in GBP – 10 Years…
We discuss losers and haters in the financial space: from George Osborne admitting quantitative easing (QE) makes the rich richer, to foreigners dumping Treasuries in a global loser economy and investors dumping Trump-supporting virtual reality entrepreneurs. In the second half,…
How do we create value in an economy that is increasingly dependent on knowledge? The answer is complicated by the reality that knowledge is increasingly digital and “unownable” and therefore almost free. Financialization as a substitute for creating value has…
How do we create value in an economy that is increasingly dependent on knowledge? The answer is complicated by the reality that knowledge is increasingly digital and “unownable” and therefore almost free. Financialization as a substitute for creating value has…
Popular merchant directory, BitScan, is collaborating with blockchain-powered tokens platform, Waves, for one of the most anticipated crowdfunding events the crypto community has seen in a long time. The platform they are working on is called Incent Loyalty and it aims to raise…
We discuss the Invasion of the debt snatchers as tech gets leveraged and mobile phone bills get collateralized. In the second half Max and Stacy continue their conversation with Karl Gray (@paradimeshift) about the cryptocurrency and blockchain investm…
Why Krugman, Roubini, Rogoff And Buffett Dislike Gold By Jan Skoyles Edited by Mark O’Byrne A couple of weeks ago an article appeared on Bitcoin Magazine entitled ‘Some economists really hate bitcoin’. I read it with a sigh of nostalgia. As someone…
Why Krugman, Roubini, Rogoff And Buffett Dislike Gold By Jan Skoyles Edited by Mark O’Byrne A couple of weeks ago an article appeared on Bitcoin Magazine entitled ‘Some economists really hate bitcoin’. I read it with a sigh of nostalgia. As someone…