Why You Should Ignore the Recent Crypto Sell-Off

By Nick Rokke 

There was a lot of positive news in the cryptocurrency space this past week… Pension funds are getting into cryptos… A major financial firm is working on a custody solution for them… And the owner of the world’s largest stock exchange is launching a bitcoin platform.

Nevertheless, the market plunged 14.5% during the week.

As world-renowned cryptocurrency expert and PBRG guru Teeka Tiwari told us… the market’s slow reaction to these developments is a money-making opportunity. While the scared money panics and sells… we’ll be positioned to profit when the market realizes how bullish these developments are…

Saudi Arabia’s PIF and SoftBank Not Interested in Tesla Buyout

by Wolf Richter

Two often-cited suspects are axed. So where’s the “secured” funding supposed to come from?

The whole scheme kicked off when Tesla CEO Elon Musk tweeted during trading hours that he was “considering” taking Tesla private, “Funding secured,” which caused the already ludicrously overvalued shares to spike. Later he added, “Investor support is confirmed.” But no details, no names, no tidbits, not even a tease. Two days earlier, he’d tweeted that “even Hitler was shorting Tesla stock.”

We can brush off the Hitler tweet as just one more Musk idiocy gone awry, but “Funding secured” and “Investor support is confirmed” are big-ass phrases for a public-company CEO discussing a buyout that would be valued at $72 billion.

SEARCH FOR: SEARCH … THE WORLD’S GREATEST BUBBLES ARE BIGGER THAN EVER: When They Pop, You Better Own Some Precious Metals

In just the past few years, global asset values have risen to the biggest bubbles in history.  Unfortunately, this doesn’t seem to be a concern to the market because most people believe they are getting richer.  However, rapidly rising digital riches can easily turn into digital losses, just as quickly.  But, this will likely remain a secret until the major fireworks begin in the markets by this fall or within the next 1-2 years.

According to a recent update by Savills, a global real estate services provider listed on the London Stock Exchange, global real estate values reached a new record of $281 trillion at the end of 2017.  That is a BIG number because their last update in April 2017, stated that world real estate values were $228 trillion for 2016 yearend.  How could global real estate values jump that much in a year??

First, let’s look at my newest updated chart on the “Global Mainstream Asset Universe”:

Don't Waste This Retirement Opportunity

 By Dr. David Eifrig

America needs to get serious about planning for retirement.

A recent survey showed that more than 40% of Baby Boomers (those born between 1946 and 1964) have less than $100,000 in retirement savings. That means those right at the retirement window won't be able to maintain the lifestyle they want once they retire.

You might think Social Security will help. Think again – the average monthly Social Security check in 2018 is just $1,404.

And what will happen to that crutch if Social Security goes bankrupt?

That's why I'm telling my readers about an opportunity to set up retirement income that many folks are still afraid to use...

Silver Price, The Hunt Brothers & JP Morgan!! (Bix Weir)

3 Legitimate Work-From-Home Jobs Hiring Now in 2018

MR. SILVER: BULLISH AS EVER ON PRECIOUS METALS!

He’s known and respected worldwide as the foremost expert in silver and other precious metals. When he makes a bullish call, people listen and profit handsomely. Keith Neumeyer and his vast experience and insight into the precious metals markets have influenced countless investors to build their own wealth and to diversify their portfolios beyond the traditional “wisdom” we hear from most money managers.

Keith’s track record as an entrepreneur and investor is unmatched. Keith has worked in the investment community for a very long time – since 1984, in fact. Keith began his career at a number of Canadian national brokerage firms, and then moved on to work with several publicly traded companies in the resource and high technology sectors.

GSR interviews WOLF RICHTER - Aug 9, 2018 Nugget

The Crypto Market Just Handed Us a Gift

By Nick Rokke

Nick’s Note: Last week, one of the biggest players in global finance got behind bitcoin. World-renowned cryptocurrency expert and former hedge fund manager Teeka Tiwari believes it’s one of the biggest stories of the year… But the market hasn’t reacted to the news—yet.

Below, Teeka tells me what this new development means for bitcoin and the cryptocurrency space… and why the market’s delayed reaction is good news for crypto investors…

By Nick Rokke, analyst, The Palm Beach Daily

Nick: T, we just got some big news about a project involving bitcoin. Can you enlighten us?

Teeka: Last Friday, the Intercontinental Exchange (ICE) announced it’s working with Microsoft to create a new platform for cryptocurrencies.

This Powerful New Uranium Production Technology Could Rock the Sector like Fracking Did for Oil

Driven by huge increases in connectivity and computing power, technology is advancing at an exponential rate. This means that not only is conventional change is occurring… but the rate at which it is occurring is also speeding up.

Depending on where you stand, this is either thrilling and lucrative… or confusing and harmful.

For example, think about the ride-sharing service Uber. Uber caused a massive change in an entrenched industry in just a few years.

One day, the taxi business is big and powerful. The next day, it’s road kill.

You also have Netflix gutting movie-rental chain Blockbuster in just a few years.

Those kinds of tectonic industry shifts used to take a lot longer to play out. Sometimes decades.

But when you spot a technology that is surfing on the wave of change, you need to pay attention. Especially in the resource markets.

Because it could be the edge that sends one stock soaring while the other ones remain stagnant.

The Grand Irony of RussiaGate: The U.S. Becomes More Like the U.S.S.R. Every Day

When the Soviet regime exiled Sakharov in 1980, everybody assumed the USSR was permanent and impregnable to collapse.

There are many ironies in the RussiaGate drama, but none greater than this: The U.S. becomes more like the former U.S.S.R. every day. Longtime correspondent Bart D. sketches out the irony:

I look at the US economy and what I see in actual everyday life is that corrupted capitalism has resulted in the same problems for average citizens as what crony communism did for the citizens of the USSR.

Poor consumer choice. Poor resource allocation. Poor quality consumer products. Poor environmental management/outcomes. Hyper-vigilance and hyper-control of Government over its people. Dodgy Utilities. The difference is that the Soviet Union had a better healthcare system than USA currently has and better housing availability for common people.

How’s the irony! Capitalism and Communism ultimately end up with similar outcomes and for the same reason: Cartel behaviours and cronyism

Buybacks Will Keep the Bull Running

BY NOMI PRINS

In the Fed’s July report to Congress, Jerome Powell unleashed what was likely the most important statement to the Trump administration. Powell said that interest rate hikes, which had been forecast to include two more hikes this year, would be executed at a gradual pace ‘for now.’

Those two coded words are very important.

The biggest banks on Wall Street will likely view those two words alone to mean that the Fed is still cautious about the economy and the financial markets. What they know is that the Fed is signaling that it reserves the right to return to its full toolkit of monetary policy options.

The Fed could apply one of three options: to further its gradual quantitative tightening (QT) program, to remain neutral, or to launch another round of quantitative easing.

The Central Bank Experiment… And How It Ends

The Mike Alkin Show Episode 25

My guest today is Bill Fleckenstein, founder of Fleckenstein Capital.

Bill closed his short fund in 2009… near the bottom of the roaring bull market.

He seemed to be following the market wisdom of one of my former bosses, the legendary Marty Zweig. Marty famously said, “Don’t fight the Fed,” in reference to the Federal Reserve’s stance on the direction of short-term interest rates…

But this bear hasn’t been in hibernation.

Since 2009, Bill has been following closely—and opining daily on—the meteoric rise of central bank-fueled asset prices…

The State of the American Debt Slaves, Q2 2018

by Wolf Richter

Let the good times roll.

Total consumer credit – or less soothingly, consumer debt – rose 4.8% in the second quarter from a year earlier, or by $176 billion, to $3.87 trillion (not seasonally adjusted), the highest ever, according to the Federal Reserve. This includes credit-card debt, auto loans, and student loans, but not mortgage-related debt. Given how passionate Americans normally are in spending money they don’t have – that 4.8% increase is moderate: In 2011, increases exceeded 11%.

The chart below shows the progression of consumer debt since 2006. After the seasonal hangover in Q1, following the spend-and-borrow party in Q4, consumer debt set a new record in Q2:

If You Aim at a King… You’d Best Not Miss

How to Buy Farmland at a Discount in Your Brokerage Account

By Steve Sjuggerud

I love the idea of owning farmland. You can earn solid income... Plus, that income can keep up with inflation.

The thing is, I don't know how to buy it correctly. Gladstone Land (LAND) does.

Gladstone Land owns more than 67,000 acres of U.S. farmland worth $558 million... As of its latest financial report, its land value is $13.57 per share (in net asset value).

The company owns 79 farms in nine states... So it offers you a diversified portfolio of farmland, both geographically and across a variety of crops.

That all sounds good so far.

And it gets better...

Happy 10 Year Anniversary of QE! | McAlvany Weekly Commentary

How One Bad Idea Bought an Early Retirement

By Jeff Clark, editor, Market Minute

I was only 19 years old when I made my first options trade.

I had a gut feeling the market was going to go higher… so I bought four S&P 100 call options at $1.50—a total investment of $600. A few hours later, the options were trading at $4.50. I sold and took the $1,200 profit—a 200% gain. And I was hooked on options forever.

My next trade was in IBM. I bought 10 calls for $1. This time, it took a couple days to double my money. Next, I bought Digital Equipment put options… which nearly tripled in just a few days.

I made 17 trades during my first six weeks as a trader. Every single one was a winner.

12 Amazon Business Ideas (Updated 2018)

Eight Questions to Ask When Hiring Your Stock Broker

My fund is one hundred percent focused on the commodity space.

And I have tremendous experience dealing with many brokers from several different companies.

Not only am I going to tell you the right questions to ask, but in the process, I will also explain why having a full-service broker is a good idea.

We’re going to walk through some of the things that you should be asking your broker if you have one. And if you don’t, maybe this will help you consider getting one in the future.

So let’s get you started…

Question 1 – Do you have experience in and access to Canadian listed stocks on both the TSX and TSX-V?