Archive: gold

Bitcoin Decouples From Stocks, Moves Closer to Gold

By Vin Narayanan on June 2, 2023

Crypto Market Musings It’s been a relatively calm week for crypto. Bitcoin is up 1.73% over the last seven days as of this writing. Ethereum is up 3.54% over the same period. Monero is down 1.93%. Crypto has largely decoupled from the Nasdaq and the S&P 500 and become more correlated with gold. The charts below show bitcoin (dark blue line) moving out of sync with the stock markets and more in sync with gold. BTC…
Crypto Market Musings As of this writing, bitcoin is up about 3% over the last seven days and trading around $20,000. Ethereum is up about 2% over the last seven days and trading around $1,358. There’s no Fed meeting this month, so we won’t…

Crypto Is No Longer a Non-Correlated Asset

By Vin Narayanan on May 13, 2022

Market Musings Crypto is in official bear market mode. Bitcoin briefly fell below $27,000 on Thursday. As of this writing, it’s down around 43% on the year and down about 60% from its all-time high of $67,802 last November. Ethereum dropped to close to $1,748 on Thursday. That’s…
Since Russia invaded Ukraine two weeks ago, the war has taken over worldwide news headlines. From the atrocities of war to human rights catastrophes, heroic acts by Ukranians and the impact of the war on the global markets, it’s hard to keep up with all of the news.

Use These Assets to War-Proof Your Portfolio

By Adam Sharp on March 4, 2022

What a week it’s been. My God.  The good news is that I don’t think we’re going to see a direct military conflict between the U.S. and the EU against Russia. And the same for a no-fly zone. It’s too risky. Putin has made…

The Rise of Financial Censorship

By Adam Sharp on February 11, 2022

A good friend of mine recently bought a house in Florida.  To secure the best rate, he pledged his stock portfolio as collateral. But he encountered a problem when he went to get a loan from his bank, Wells Fargo. He owns marijuana stocks.
Once again, the Federal Reserve is posturing as if it’s ready to taper quantitative easing (QE) and raise interest rates. Here’s the latest on that front from The Wall Street Journal: Federal Reserve officials at their meeting last month eyed a…
The other day I was talking to a friend who is just getting started with investing. He asked my opinion on how to build a portfolio from scratch. In this environment, that is a very tricky question. The S&P 500 currently trades…

Gold and Bitcoin Are Critical Inflation Hedges

By Adam Sharp on July 30, 2021

The entire U.S. stock market is currently valued at around $53.9 trillion. That’s all the companies on the NYSE, Nasdaq and OTC markets combined.  During the 2008 global financial crisis, the whole stock market was valued at just $11.4…
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Alternative Investments to Consider

By Adam Sharp on July 20, 2021

Last week in Early Investing, I wrote a piece about how startup valuations are getting a little crazy. As I’ve discussed here recently, these rising prices have caused me to cut back…
Every time Elon Musk tweets about bitcoin and its price moves, I cringe. Why? WHY? There are much bigger issues we should be watching. But for some reason everyone focuses on Mr. Musk.  Don’t get me wrong,…
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How to Invest in an Overheated Market

By Adam Sharp on June 8, 2021

It’s been a fascinating last year and a half in the startup investing world. We went from a complete meltdown in March 2020 to one of the hottest venture capital markets I’ve ever seen. I’ve been quite selective throughout this time, preferring to stick to early-stage…
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Prepare Your Portfolio for Inflation Now

By Adam Sharp on May 14, 2021

If you haven’t heard yet, Warren Buffett is sounding the alarm on inflation. All of a sudden it’s become a widely discussed topic. The general public is waking up to the fact that prices are rising rapidly. For most people, this…

Four Assets to Hedge Against Inflation

By Adam Sharp on April 30, 2021

In April 2019, Bloomberg Businessweek magazine’s cover story asked “Is Inflation Dead?” The subtitle accompanying it was “Did Capitalism Kill Inflation?”  I recall thinking at the time that this story was probably a contrarian indicator. It reminded me that nearly everyone in the financial world was…
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Crypto Correction is Healthy

By Adam Sharp on April 23, 2021

Bitcoin and the broader crypto markets are pulling back. Bitcoin slipped below $50,000 today and is currently trading around $49,700.  This is nothing to be concerned about. We’ve come an incredibly long way over the last 14 months. And pullbacks are healthy and to be expected.
Mainstream media coverage of inflation — and the forces that drive it — tend to be superficial and limited. That’s why I want to highlight three recent stories. They all revolve around inflation in some way. And together they emphasize the need for every investor to have some…