Let’s rewind to the video of the appearance of the former PayPal President on CNBC’s Squawk Box eight months ago being re-posted all weekend by […]
Tag: BITCOIN
I Finally Understand the Use Function of Bitcoin
Or, how it took a dollar funding crisis in Japan for me to figure out crypto… For the life of me, I could never understand […]
The Bond Market Warned Us, Nobody Listened
In early April, shortly after “Liberation Day,” the US bond vigilantes interrupted their month long vacation of what is normally a dull month just long […]
Speculation Inflation
There are times in American history where inflation is a structurally obvious measure of monetary and price appreciation and the government logically reports the data […]
It’s a Bubble, Part 23: Peak Insanity has Arrived
Just when we all thought it was time to safely inspect and enjoy the Santa Claus rally and some rationality returning to the American economy […]
It’s Still a Bubble, Part 22: By 2029 We’ll be Praying for the Asteroid
No, seriously, we will. Or at least those that went to an online wagering market getting 10:1 odds that it will the earth. Just like […]
08.04.24 9:15 PM ET- Bitcoin Crashing Hard
This was an eventuality, but now things are getting serious: As I speculated online earlier the Japanese banks are in trouble so one has to […]
Just When I Thought the Presidential Election Could not Get any More Absurd: Trump Goes Full Metal Biden
I’m a political agnostic. When I was in college I hung out with the Keynes crowd and leftist nutjobs. After my first 1040 filing in […]
Of Warren Buffett, Bubbles, Bitcoin and Bullion
Just where the hell does one start with the economy of the West and the markets at this moment in history? In outer space? Nah, […]
America’s Propaganda Economy
The running joke on the American people is that the world they live in is vividly different from the reality presented to them by the […]
08.17.23 BREAKING NEWS: Bitcoin Crashes $3000
There are craters and then there a crashes. Today nothing is not correlated and there is something big happening tonight, apparently starting with the crypto […]
Bitcoin Surges Above 30,000
The news for the Cryptogeek community is noting but good news as Bitcoin surged last night above 30,300 and as of 4:30 a.m. this morning […]
Is the Silicon Valley Bank Bailout Happening now?
Apparently, the chicken has spoken: Never doubt the chicken. In reality there are some hints that something is happening: CNBC reports the following a little […]
Can You Smell the Panic: Treasuries Rally in Flight to Safety, Bitcoin Collapses
Silvergate goes Tango Uniform last night. Silicon Valley Bank is hanging on by its fingernails. Jay Powell claims he’s just doing his job. Maybe somebody […]
Silvergate Bank Goes Tango Uniform
There are times when you can say “see I told you so” and there are times you can say “by God you people are effing […]