Thursday, March 4, 2021

Market Cycles

"As with all market cycles, there is a very good chance that many of the more speculative stocks that are down 40-50%+ won't see their recent highs for a very long time. There is a whole new group of leaders that have been emerging, and that is often the best group to focus on."

-- Larry Tentarelli, Blue Chip Daily

Trading Lessons (Mark Minervini)

"If you have a hard time accepting small losses.. its usually because you haven't yet suffered enough huge losses. Eventually you realize that it's either one or the other. Those who fail to take small losses eventually take big losses. That's a guarantee!"

-- Mark Minervini, momentum stocks trader

Outlook on Markets

Legendary investor Jim Rogers sits down with Raoul Pal (Founder/CEO - Global Macro Investor and Real Vision Group)to discuss his outlook on markets, the many lessons he’s learned during his storied career and the importance of thinking for yourself.

Interest Rates Are Rising On Inflation

"How can Wall Street promote the false narrative of a strong recovery pushing up interest rates when another 745,000 people filed new unemployment claims last week? Rates are rising on inflation, not growth. People lose jobs, then the Federal Reserve prints money for the unemployed to spend."

-- Peter Schiff

Will Bitcoin Become A Viable Currency?

If Bitcoin ever becomes a viable currency instead of a trading vehicle, they can outlaw it. Governments don’t want to lose control; they like their monopoly.

Wednesday, February 24, 2021

Bitcoin & Digital Currency

I have never bought or sold a cryptocurrency. 

I obviously wish i'd bought Bitcoin. I have friends who are doing great in Bitcoin but I hasten to tell you that many cryptocurrencies have disappeared. There were hundreds of them and many of them have gone to zero. Bitcoin is not one of those obviously.

 I also want to to tell you that money is going to be on the computer. Nearly every country in the world including the United States is experimenting and studying how to put the currency on the computer.

They love it because first of all it's cheap you don't have to print the stuff, you don't have to transport it, you don't have to secure it but and more importantly it gives them complete control, governments will know everything you do.

Inflation: Will It Really Pick Up?

 



History would indicate it will because whenever governments have printed and borrowed gigantic amounts of money it has always led to inflation.

Maybe something's different this time but you and I both know it's very dangerous to say it's different this time.

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