Legalizing Bitcoin will ‘completely collapse El Salvador’s economy’ – Steve Hanke (Pt. 1/2)
This is part 1 of 2 of the full interview Steve Hanke, professor of Applied Economics at Johns Hopkins University (https://twitter.com/steve_hanke) discussed the practicality of actually using Bitcoin as legal tender in a country like El Salvador with David Lin,…
The top 5 investment themes of the decade, and how to play them – Robert Minter
Investors need to keep five main investment themes in mind for the medium to long term: monetary policy, fiscal policy, de-carbonization, restrictive capital policies, and de-globalization, said Robert Minter, director of investment strategy for ETFs at Aberdeen Standard Investments. Commodities…
Fed Coin, El Salvador Coin are coming, say goodbye to privacy – E.B. Tucker (Pt. 2/2)
Watch part 1 of the interview: https://youtu.be/rKArqlGcuQ0 Cryptocurrencies represent the opposite of privacy, due to every transaction’s provenance being traceable, governments will use this to their advantage when they issue central bank digital currencies, said E.B. Tucker, director of Metalla…
Inflation is like ‘cocaine addiction’, the Fed is hooked and wants more – E.B. Tucker (Pt. 1/2)
Headline inflation came out stronger than expected on Thursday, at 5.0%, as compared to the consensus expectation of 4.8%. The government wants higher inflation and is creating policies that would be conducive to higher prices and higher wages, said E.B.…
‘Valuations are definitely insane’ trader warns; stock picks and trading tips from Anmol Singh
Anmol Singh, founder of Live Traders, discusses with David Lin, anchor for Kitco News, techniques that every disciplined trader should follow in order to weather any market. Singh said that stock market valuations right now are definitely “insane” and that…
Will tomorrow’s inflation data release shock us? Gary Wagner
May’s consumer price index is set to be released tomorrow morning, and the broad expectation is that inflation will climb higher compared to the previous month’s reading of 4.2%. Gary Wagner, editor of TheGoldForecast.com, agrees with the consensus expectation. “I…
Perth Mint responds to gold, silver shortage allegations (Pt. 2/2)
Rumors have circulated on the internet that The Perth Mint has a shortage of physical silver and gold and that their pool products, either allocated or unallocated, do not have enough physical bullions backing them up. “You can go to…
$2,700 gold price ‘could be reached in 1 to 2 years’ at the earliest – Chris Vermeulen
The last two gold bull cycles, culminating in peaks in 1980 and 2011, were both followed by a price correction and then a multi-year consolidating pattern. However, the highs of last year do not indicate a multi-year peak, as gold…
Marijuana to be decriminalized? House reintroduces bill; what investors need to know – Luis Merchan
The Marijuana Opportunity Reinvestment and Expungement Act of 2021, or MORE Act, was recently reintroduced by House Judiciary Committee Chairman Jerry Nadler, D-N.Y. The Act aims to decriminalize marijuana usage, as well as remove cannabis from the list of controlled…
Bitcoin to become legal tender in El Salvador; Trump calls BTC a ‘scam’ – Frank Holmes comments
El Salvador President Nayib Bukele announced at the Bitcoin 2021 Conference in Miami that the country is in the process of adopting Bitcoin as legal tender. Bukele Tweeted that “If 1% of [Bitcoin] is invested in El Salvador, that would…
