Crypto Offers New Way to Collect Income From Technology
By Greg Wilson
Imagine creating an invention that would go on to spawn billions in sales… But not getting your fair share.
That’s the case of Lonnie Johnson, a life-long inventor.
It started in high school with his first invention, a four-foot-tall robot with operating hands.
At the time, 1968, it was quite an impressive feat. And it won Lonnie his high school science competition. He’s been an inventor ever since.
In 1979, he got his first patent on a device he called the Digital Distance Measuring Instrument. Without getting into the technical details, it’s the foundational technology for CDs and DVDs.
At their peak, CDs generated over $13 billion in sales annually. For DVDs, it was $16 billion.
Gold Price Crash: Where Precious Metals & Mining Stocks Are Going Next - Steve Penny
What to Do When You Hit a Stop
By Steve Sjuggerud
Mania and euphoria have gripped the markets. The Melt Up is here, my friend.
That both excites and terrifies me.
It's exciting because the biggest gains are going to bold investors right now. And they could continue in the months ahead.
It's also terrifying because I know how things will end for a lot of the folks getting rich right now. And it ain't pretty.
It's too easy to fall in love with your stocks in times like these. And that can lead to crucial mistakes at the worst possible time.
One of those mistakes is not knowing what to do when you hit a stop. But it's really as simple as you probably expect.
Michael Burry Just Missed the GameStop Short Squeeze. This Is His Investment Portfolio Now.
Nuclear Winter: There Will be Power
This week a major winter storm ripped across most of the eastern United States.
It caused major electrical blackouts and endangered the lives of millions of Americans.
Texas, normally home to mild to mid winters saw temperatures dip below freezing and major snowstorms hit most of the state.
Demand for heat and power soared, while the grid lagged behind. This sparked major rolling electrical blackouts across the state.
Texans without power were forced to warm up in cars, or run propane heaters in their houses.
As the grid failed, power prices to surged from $23 per MWh to over $7,400 in a matter of days.
The Dominos Are Falling | Andy Schectman
The Next Big Wave of Crypto Profits Is Coming
By Teeka Tiwari
$100,000 gone in 2.5 hours…
Bob* felt robbed. He felt betrayed. Most of all, he felt powerless. (*Bob isn’t his real name. It’s an alias to protect his anonymity.)
Last month, Bob had a hunch his favorite crypto was going to pump higher. The night before, he loaded up… ready to make some quick profits.
The next day, Bob’s coin exploded 300% higher. He was sitting on a cool $100,000 gain in one day. Eager to take his profits, he started to log into his Kraken account.
And that’s when the nightmare began…
Again and again, Bob tried to log onto the exchange. But each time, he was greeted with an error message. He feverishly glanced at the price of his crypto on the computer screen. It was peaking… and now was the time to get out.
Is Bitcoin Going To $1,000,000 Or $0.00? (Answer Will Shock You!)
The perfect income strategy for market bulls
By Genia Turanova
Options traders have two enemies: time and volatility.
This is what we often hear when we first learn about this style of trading.
But, while it’s true for options buyers… it doesn’t apply to options sellers.
Rather the opposite. Options sellers benefit from the passage of time and heightened volatility.
Today, I’ll tell you why… and show you a popular method for generating income—one that could also help you time the market.
But first, a little trip back to the basics.
An option is a financial instrument that gives its owner the right, but not the obligation, to buy or sell a security at a specific price during a specific time period (until the option contract expires).
Stimulus Checks Funded a January Christmas - Ep 659
It’s a Game of Musical Chairs
By James Rickards
The world was recently mesmerized by the ability of the Bros (short for “brothers”), a crowd of like-minded, mostly male millennials, to increase the price of GameStop from $20 per share to $400 per share in a matter of days.
The fact that the Bros did this using stimulus check money and the Robinhood trading app did not diminish the sky-rocketing numbers behind the frenzy. The stock later collapsed by 80% (as bubbles do), but not before inflicting an estimated $20 billion of losses on hedge funds that were short GameStop when the ascent began.
That decentralized (but legal) pump-and-dump scheme came dangerously close to destabilizing the U.S. financial system. If hedge funds had failed (several almost did), those losses would have fallen on bank dealers and other hedge funds, which could have triggered a cascade of failing banks and funds worse than what happened in 2008.
The Currency Collapse: Hyperinflation Has Begun | Gold & Silver Prices Set To Explode! - Steve Penny
Who’s to Blame for the Texas Power Crisis?
What ERCOT planners got colossally wrong was the availability of their fossil fleet: gas and coal plants failed. Even a nuclear reactor tripped offline.
By Leonard Hyman and William Tilles for Oilprice.com:
Our last report focused on the uniqueness of the Texas wholesale electricity market, ERCOT, and how it was specifically designed to evade federal utility regulation. And as if he were our paid spokesperson, former Texas governor Rick Perry stated publicly that Texans were happy to suffer blackouts and other hardships if it meant evading federal regulatory scrutiny. Whether the good (and shivering) citizens of the Lone Star State agree is another matter. But today, instead of dealing with politics, we’ll take a closer look at ERCOT as a state planning agency.
First the good news. One of the hardest parts of every planning agency’s job is correctly estimating future demand. This is doubly hard in a dynamic, fast growing economy like Texas. Consequently we were surprised at how good their planning estimate was for this winter’s electrical load of about 67,000 megawatts.
