Archive: gold
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Bitcoin Is on the Path to Surpass Gold
By Adam Sharp on February 26, 2021
For now, it appears that our decision to take some profits last week may have been wise. Crypto is correcting pretty hard right now — which is perfectly normal and should be expected. I would be very worried if we weren’t seeing sizable corrections. Ethereum is down 8% over the last 24 hours as I write this Friday morning. And Binance Coin is down around 12%. Most altcoins in the top 100…
Financial Rebellions: Investors Are Pushing Back
By Adam Sharp on February 26, 2021
We are living through a very unique period in financial history. On one side, we’re in the midst of an amazing technological revolution. Software and new technologies are streamlining the way the world runs. Advances in renewable energy are picking up steam. Medicine is leaping forward…
How to Take Profits in a Bullish Crypto Market
By Adam Sharp on February 12, 2021
It’s been a beautiful year for crypto. We had a nice dip in March 2020 which turned out to be an amazing buying opportunity. Now we’re seeing unprecedented growth and adoption. Here are just a few of the major companies to jump on the bitcoin bandwagon…
The 60/40 Portfolio Doesn’t Work Anymore
By Adam Sharp on September 25, 2020
It can be hard to see a bubble when you’re smack-dab in the middle of it. I think that describes our situation today. Let’s look at a few large tech stocks’ price-to-earnings (P/E) ratios. Amazon: 115 Tesla:…
Jim Cramer Goes Bullish on Bitcoin
By Adam Sharp on September 18, 2020
This week CNBC’s Jim Cramer sat down for a podcast interview with well-known crypto personality Anthony Pompliano (AKA “Pomp”). Cramer revealed that he owns “so much gold” — but he also said he plans to move 1% of his portfolio into bitcoin.
The Short-Term Threat to Crypto
By Adam Sharp on September 11, 2020
This week former Federal Reserve Chairman Alan Greenspan — AKA “The Maestro” — talked with CNBC. It was a fascinating discussion, and I highly recommend watching. Here are some excerpts. “My overall view is that the inflation outlook is…
A Glimpse of Bitcoin’s Future
By Adam Sharp on August 21, 2020
A couple of weeks ago something unprecedented happened. Microstrategy — a $1 billion+ publicly traded company — switched $250 million of its dollar reserves into bitcoin. Here’s an excerpt from a Coindesk report, which I strongly recommend reading.
Don’t Choose Between Gold or Bitcoin
By Adam Sharp on August 14, 2020
This week, Barstool Sports founder Dave Portnoy interviewed the Winklevoss twins about bitcoin. The Winklevoss twins are noted tech founders. Today they operate Gemini, one of the largest crypto exchanges in the world. The interview was… strange.
The Fed Demands Higher Inflation
By Adam Sharp on August 7, 2020
For a while now, it’s been clear that the Fed wants higher inflation. Now it’s finally starting to admit it. Here’s an excerpt from CNBC’s article this week titled “The Fed is expected to make a major commitment…
The Flight to Alternative Safety
By Adam Sharp on July 31, 2020
As I write this on Friday morning, bitcoin is up 1.78% to $11,178. Ethereum is up even more over the last 24 hours — 7.96% to $343 (nice call on ETH last week Vin!). Other altcoins are a mixed bag, but the majority…
Protect Your Portfolio While You Can
By Adam Sharp on July 10, 2020
It’s a strange world out there for investors today. Stocks in the U.S. are very expensive — despite the fact that S&P 500 earnings may drop 40% in the second quarter. Investment grade bonds yield tiny amounts that amount to basically…
Startup Insider: Investing During a Pandemic
By Vin Narayanan on July 9, 2020
We have a special Thursday edition of Startup Insider for you this week. In this week’s show, Adam Sharp and I talk about how to approach investing in the middle of a pandemic. Watch the video below. Or read on for more details on the topics we covered…
‘Money Printer Go Brrr’ Goes Mainstream
By Adam Sharp on June 26, 2020
We’ve been talking about the inevitability of massive money printing for the past few years. It’s one of the big reasons I like crypto so much. Now everyone, including mainstream CNBC shows like “Fast Money,” are talking about how the Federal Reserve’s actions are causing stock prices to go up.
Crypto Bull Case Strong Despite Near-Term Risks
By Adam Sharp on June 12, 2020
Yesterday we had one of the biggest sell-offs in stock market history. The Dow Jones dropped almost 7%. And the S&P 500 dropped nearly 6%. The sell-off was extremely steep. At one point on Thursday, Bitcoin was also down around 6%. But it has rebounded since and is…
Conditions Ripe for Institutional Rush to Bitcoin
By Adam Sharp on May 15, 2020
The bitcoin halving has finally happened. And things are certainly looking up in the crypto world. As I write this on Friday morning bitcoin is trading over $9,500. Last week I told you that respected institutional investor Paul Tudor Jones announced he was bullish on bitcoin. I think that…
Negative Interest Rates in America?
By Adam Sharp on May 8, 2020
Back in October, I wrote an article titled “How Will We Deal With All The Debt?” Here’s an excerpt (emphasis mine): The federal government’s deficit for 2019 should come in around $1 trillion. That’s the equivalent of about…