Currencies and Gold

Is Korea Crackdown the Beginning of the End of Bitcoin?

The Korean government is preparing to ban the trading of crypto-currencies on exchanges. The country's Minister of Justice, Park Sang-ki announced “Cryptocurrency trading is looking...

Crypto-Mania has Gone Mainstream

Crypto-Mania has gone mainstream, reports Bloomberg. Kodak, a household name to those over the age of 35, saw its shares soar over 270% over...

Are Futures a Good or Bad Evolution for Bitcoin?

Bitcoin futures began trading on Sunday. In a maniacal market like the one for bitcoin has become, no one is sure what to expect....

$70 Million in Bitcoin was Stolen, Did Anyone Notice?

Judging by the seemingly unstoppable rise in the cost of bitcoin, it would appear no one even noticed that $70 million worth of the...

Trust in Money, Store of Value, Part II: Bitcoin, Dollars and You

On a recent outing to the Mt. Washington Hotel, I was concerned my car wouldn’t get us home. You can read that story here. But...

What do I think of Bitcoin? Part III

The late great Richard Russell, writing about the third phase of a bull market, called it the speculative phase. The third phase was when the...

What do I think of Bitcoin? Part II

While I don’t like bitcoin as an investment, blockchain technology is here to stay. What is blockchain technology? Imagine all the costs, paperwork, and...

What do I think of Bitcoin? Part I

In light of recent events, it's worth reexamining this series I originally posted November 15, 2017. I’ve been asked the question “What do you think...

Would you invest 30% of your assets in Bitcoin?

Famed Value Investor Bill Miller is making news again by putting up to 30% of his fund’s assets in Bitcoin. Value Investor seems like...

My Pick for the Next Federal Reserve Chief: A Gold Standard

If the decision were up to me to choose between current Federal Reserve governor Jerome Powell or Stanford University economics professor John Taylor as...