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Economy

Stock and bond markets may be teetering on the edge of a widespread crash following a stellar year that has seen all-time highs across just about every major asset class. Earlier today, Zero Hedge reported that Bloomberg market commentator Mark Cudmore says markets could be in for a violent downside break in the

This “open letter” needs to be shared with as many people as possible. We are hoping to get a publication on some of the largest websites around the world. In order for us to come together, we must come together. Please share far and wide. Please send to the appropriate

The cryptocurrency revolution is the biggest story in the financial world right now. In recent days, I have spent a lot of time writing about Bitcoin, but the truth is that all of the major cryptocurrencies have been on an unprecedented run lately. In fact, some of them have been rising

If the price action in cryptocurrencies over the last several months has proven anything, it’s that the blockchain has gone fully mainstream with global investors, major financial institutions and governments showing significant interest in the space. While a number of blockchain projects are moving onto the stage, the primary focus for investors

One of the things that I love about Bitcoin is that the fun never seems to end. On Sunday, Bitcoin futures began trading on the Chicago Board Options Exchange for the first time ever, and within minutes the CBOE’s website crashed. What a perfect metaphor. Bitcoin and other cryptocurrencies are completely and

The price of Bitcoin continues to rise at an exponential rate, and the financial world is in a complete state of shock.  Just yesterday, I marveled that the price of Bitcoin had surged past the $13,000 mark for the first time ever, but then on Thursday it actually was selling for

Market analyst Lynette Zang predicts in the next market meltdown, “real estate, stocks, and bonds will all crash.” When asked when this will happen, Zang says, “Enjoy your Christmas,” but in 2018, all bets are off. Greg Hunter interviewed Lynette Zang, Chief Market Strategist at ITMtrading.com, and her assessment of the 2018

I have never seen anything quite like this in my entire life. As 2017 began, Bitcoin was selling for about $1,000, and many were optimistic about what the new year would bring. But nobody could have imagined this. When Bitcoin hit $5,000 in October, it made headlines all over the

The last time American consumer debt was this high was.. well…NEVER. But now, it seems we are engaged in a high stakes game of consumer debt roulette. And the House is the only one who will win this game. Last summer, it was reported that people owed more on loans,

The absurdity that we are witnessing in the financial markets is absolutely breathtaking.  Just recently, a good friend reminded me that the Dow peaked at just above 14,000 before the last stock market crash, and stock prices were definitely over-inflated at that time.  Subsequently, the Dow crashed below 7,000 before