It’s a Bubble, Part 2

I think the headlines and the video below , which is a sampling of the froth and investing insanity now happening across many asset classes, speaks for themselves.

Coinbase announces it will suspend XRP trading as price drops another 10%

OKCoin latest exchange to suspend XRP trading and deposits

Anatomy Of A Crypto-Nightmare: Ripple CEO Is Now Richer Than Zuckerberg

SEC Charges Ripple and Two Executives with Conducting $1.3 Billion Unregistered Securities Offering

Chart courtesy of

Wash, rinse, repeat.

It’s happening in equities and commodities also, so buckle up.

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