As the financial world is in a near constant state of chaos of late, from the stock market and cryptocurrency markets to trade wars and the slowly dying petrodollar, it is becoming clear that some massive changes are on the horizon. Whether they will ultimately be good or bad for the average investor is unclear, Read More…
Finance
Defusing China’s “Nuclear Option” Myth
Tariffs, counter-tariffs and headlines about trade wars are flowing like wine as the long-anticipated Trump campaign against China is finally shaping up. Given that futures are tumbling, the US trade deficit has just hit a decade low, and, oh yeah, we haven’t seen market volatility like this since the crash of ’87 you might think we have enough ominous financial storm clouds to Read More…
SEC Regulations: Uncle Sam Cracks Down Hard
For the people of the U.S., mostly 55 and above, who have been living under the rule of the Federal Government all their lives, with the notion that politicians can do no wrong, it is hard to understand why some of us want currency, and indeed even money itself, to be outside the reach of governments, Read More…
The Petroyuan Was Born This Week. Here’s What It Means.
It has been promised for 25 years. Its coming has been heralded as a world-changing event. It has launched a thousand headlines in the last few months. And it happened this week. But if you blinked you would have missed it. What am I talking about? Why, the launch of a Chinese yuan-denominated oil futures Read More…
Coinbase Betrays Confidence: IRS Infiltrating
The IRS has been chasing, demanding, and harassing Coinbase for its users’ transactional information for over a year. Coinbase has been receiving a John Doe summons dating back to December 8th, 2016, with further demands throughout 2017 that transactional data from 2013-2015 should be handed over. Coinbase fought back and won a partial victory, reducing Read More…
Ticking Time Bomb: Venezuela’s Crypto Nightmare
I’ve seen some bad ideas in my day, but this has to take the cake. Venezuela has issued a new cryptocurrency called ‘Petro,’ backed by the country’s oil reserves – it has plenty of them. It also aims to create an additional coin named ‘Oro,’ backed by gold. The idea, in and of itself, isn’t bad Read More…






