November 16th 2020, Cryptoassets Update Market Summary The Bloomberg Galaxy Crypto Index closed Monday, November 16th at 660.18 after being at 503.25 last month and following a low of 217.82 in early March. Bitcoin hit a new 12-month high [...]
Timing, the Silver watch Covid has a dramatic impact on productivity and business. As such, the burdens on governments and their budgets are enormous. The likelihood of a fiscal stimulus in U.S. to have fruitful effects to produce economic growth [...]
Trust, Debt, Bitcoin Once we expanded barter through commodities with paper "I owe you's" (started by the Medici), we entered a system of trust. While a direct exchange prior without a middleman was easy from the view of trust, a [...]
Silver, impact scope As a trader, you can occupy your mind with a lot of data and create scenarios for each different event. This will create an unmanageable workflow plan since anything and everything can move the markets. A more [...]
Bitcoin, the sky is the limit Bitcoin has decoupled from markets. It is running on its own now. Legendary investor Stanley Druckenmiller said: “I’m a bit of a dinosaur, but I have warmed up to the fact that Bitcoin could [...]
When not to trade You might remember being excited last Monday when the Silver market had a strong down day. You were possibly observing price movements more engaged than on typical trading days. On volatile or strong directional days one [...]
Why Bitcoin will win Long before mankind minted coins and then printed money, we were forced to find means of exchange once barter over larger distances was required. Mankind invented all sorts of "commodity money", from fish to leather, grains [...]
Silver, your money is safe Markets do not like uncertainties. Tight elections one more time provide for that uncertainty. Even when this topic will be resolved we find ourselves in times where uncertainty is spelled in capital letters. 2020 has [...]
Physical versus digital money Since about one year we are living in a world where negative stories dominate nearly every conversation. News are negative since drama sells better, but a pandemic instills fear for your life. Typically, we had a [...]
The perfect storm? That's what many expect. Speculations are getting wild about election results and how they affect the markets. Many other aspects come into play and a heated emotional debate is in play since one's political affiliation might trigger [...]
