Could Bitcoin Replace the Dollar?
People continue to ask if Bitcoin will replace the dollar. They believe that the recent surge in Bitcoin indicates that it will topple the USD as the world’s reserve currency, [...]
European Banking Crisis Picking Up Steam
The banking crisis in Europe is expanding. European banks have no liquidity and the negative interest rates have done so much harm to traditional banking in Europe, we are witnessing excessive fees unfolding. HSBC is raising its overdraft rate of 39.9% for UK customers from March 2020. Santander’s latest bank to set a 40% overdraft rate. Savings accounts which were soliciting people at 3% are dropping to 1%.
Clearly, fees are escalating dramatically and what banks are willing to pay is collapsing, The spread between their cost and what they are charging is rising and this also seems to be taking place with the turn in the Economic Confidence Model.
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The Better Investment — ETFs or Mutual Funds?
The primary difference between mutual funds and ETFs (exchange-traded funds) is that while an open-end mutual fund is priced once based on the market closing, ETFs, as well as closed-end [...]
Connectivity is Power
I have been stating all along that attempting to forecast gold in isolation is the equivalent of summoning a witch doctor for cancer. Everything in this world is connected. Civilization [...]
Deep State vs World
I have stated that I know Bill Kristol. His father, Irving Kristol, founded the Neocons. I had direct conversations, and I can confirm that this has been an agenda [...]
