- Crude Oil46.835+0.0550(+0.12%)
- Natural Gas2.8950+0.0150(+0.52%)
All the Reasons why Bitcoin Price Breaks Above $4000, What’s Next?
Bitcoin prices have been on a roll ever since the fork completed on August 1 and the bitcoin network managed to survive through that phase. During this period, we have seen the bitcoin prices push through $3000, which had been a huge psychological bugbear on the prices and the bulls refused to stop there and … Continue reading All the Reasons why Bitcoin Price Breaks Above $4000, What’s Next?
North Korea – How Much of a Threat?
By the end of World War II, United States and Soviet Union took over the Korean country, ending a long Japanese rule of 35 years. During the cold war, both countries remained in a perpetual state of war, faced equal economic, political and social status. However, the fall of the Soviet Union has changed the … Continue reading North Korea – How Much of a Threat?
Bitcoin Split is the New QE
The 1st August Bitcoin fork event was a long time coming with talks of Armageddon doing its rounds in the Cryptoworld as the tussle between the Bitcoin mining cartel and Bitcoin’s core developers hit fever pitch. We saw the evolution of Bitcoin Cash resulting in Bitcoin Cash running alongside Bitcoin and the moves since the … Continue reading Bitcoin Split is the New QE
Takeaways from the August Super Thursday, Maybe not So Dovish
The Bank of England’s Monetary Policy Committee met last week and there were some interesting developments. We will try to sieve through the plethora of information and pick what we think were the salient points. First of all, we start with the interest rate decision. The July meeting’s split was 5-3 (5 to keep rates … Continue reading Takeaways from the August Super Thursday, Maybe not So Dovish
Bitcoin Fork Explained
On Tuesday a cluster of disgruntled Bitcoin activists, digital miners and entrepreneurs managed to forge a new version of the world’s most famous cryptocurrency, and Bitcoin Cash was born. It didn’t take wry commentators long to name the incident ‘Bitexit’, rather inevitably, though it could become just as epochal as Brexit promises to be. What … Continue reading Bitcoin Fork Explained
Will Hassan Rouhani’s Inauguration Affect the Markets?
When it comes to geopolitical tensions, Iran has been under the spotlight and sharing the stage with US President Donald Trump, whose sentiments towards the nation are no secret. He has not minced his words when it comes to his disdain for the Joint Comprehensive Plan of Action, or JCPOA, colloquially known as the Iranian Nuclear … Continue reading Will Hassan Rouhani’s Inauguration Affect the Markets?
Will Bitcoin Network Split to Two on August 1st? All the Things You Need to Know About it
The probability of a blockchain split on August 1st has abated somewhat in the final week of July, though uncertainty remains over what is actually going to happen in a matter of days that could change sentiment for Bitcoin and cryptocurrencies in general, on a permanent basis, depending upon the outcome and impact on Bitcoin … Continue reading Will Bitcoin Network Split to Two on August 1st? All the Things You Need to Know About it
Gold Nearing Trigger Point for Upside Breakout
Gold’s close on Friday over a significant level on the charts may be a strong sign that investors are finally committing to the long side after a mostly sideways trade since late February. If you look at the Weekly December Comex Gold futures chart, you’ll see that the market has been range bound for over … Continue reading Gold Nearing Trigger Point for Upside Breakout
Will Trump and Putin Establish a New World Order or a New Cold War?
Fake News or a U.S – Russian Allegiance News of a second meeting between Trump and Putin has hit the wires with the markets and, quite likely Republican voters, somewhat bewildered, joining the ranks of the G20 Summit dinner guests, whom were quite likely watching in disbelief as the U.S President BFF’d the Russian President. The debate … Continue reading Will Trump and Putin Establish a New World Order or a New Cold War?
SegWit Versus Segwit2x: Get Ready, Bitcoin Civil War Starts Now
Next Month Timeline Bitcoin Civil War Can Split the Currency in Two SegWit Versus Segwit2x So, What’s Next? With plenty of uncertainty in recent months over the heavily anticipated Bitcoin Fork event, we have seen cryptocurrency valuations recover from June and early July’s volatility, as miners, businesses and the development community show more alignment on … Continue reading SegWit Versus Segwit2x: Get Ready, Bitcoin Civil War Starts Now
RBA Debelle’s Comments May Have Killed the AUD/USD Rally
Bullish Australian Dollar investors held a great party last week, but as the saying goes, “Every party needs a pooper, that’s why we invited you”. That “you” was Reserve Bank of Australia (RBA) deputy governor Guy Debelle. I really don’t think he was invited to the party, but if I’m right about the market, I … Continue reading RBA Debelle’s Comments May Have Killed the AUD/USD Rally
Watch Out – Ethereum Hashrate is Unstable
What is Hashrate? Cryptocurrency Mining Why Ethereum Prices Crash? Twice? What’s Next for Ethereum? Oh Yes, August 1st So, what’s going on in just a couple of weeks? Ether fell below $190 at the end of the last week, a 13% fall on 14th July alone, in what had been a choppy week, with prices having … Continue reading Watch Out – Ethereum Hashrate is Unstable
Mobile Phone Bill Indicator Says Fed Should Delay Next Rate Hike
Where did inflation go? That’s a good question. If you ask U.S. Federal Reserve Chair Janet Yellen, she may tell you that it’s out there, but not ready to reappear in the numbers until wages start to rise. This may be true but why would wages rise? In the past, workers would move from job … Continue reading Mobile Phone Bill Indicator Says Fed Should Delay Next Rate Hike
Are Precious Metals Breaking Down, or Are We Setting up for a Big Rally?
The Macroeconomic Perspective Gold and Silver are assets which have been of great importance for thousands of years. Up until a few decades ago, gold was explicitly linked to currencies (such as the US$) and was broadly used as money. In the past few decades – particularly following Nixon’s decoupling of the gold/dollar convertibility – precious … Continue reading Are Precious Metals Breaking Down, or Are We Setting up for a Big Rally?
Climate Change is no Longer a Threat, It’s a Political Clash
Most investors wonder about the best investment decision amid the chaotic uncertain stance caused by the geopolitical circumstances which crystallized through the G20 summit. G20 summit or the G19+1 as the BBC preferred to describe it, held various topics on its agenda. Some of them were terrorism, Middle East tensions, North Korea threats, Ukraine, women … Continue reading Climate Change is no Longer a Threat, It’s a Political Clash
Is the Fed Raising Rates to Cool Inflation or Prevent an Asset Bubble?
On Friday at 1500 GMT shortly after the release of the widely watched U.S. Non-Farm Payrolls report and at the end of a U.S. holiday-shortened week, the U.S. Federal Reserve released its semi-annual monetary report to Congress, which Chair Janet Yellen will deliver to Congress next week. I suspect that a few Fed conspiracists took … Continue reading Is the Fed Raising Rates to Cool Inflation or Prevent an Asset Bubble?
Why the Next Financial Crisis Will be in our lifetime
The previous week was heavily filled by the appearance of high profile personalities. From one side we had the ECB forum, where we heard the developed central banks’ chairmen. But nothing was more ironical than the speech of Janet Yellen in the British academy, UK. Yellen sent a reassurance message to the masses that we … Continue reading Why the Next Financial Crisis Will be in our lifetime
A Weaker Dollar Not Likely to Make Gold an Attractive Asset in a Rising Interest Rate Environment
Comex gold futures closed lower last week but for the most part, it was rangebound while the rest of the investing community was busy adjusting their positions in currencies and interest-bearing instruments. Nonetheless, it was an interesting week, highlighted by a trading error, a plunging U.S. Dollar that garnered almost not reaction from traders and … Continue reading A Weaker Dollar Not Likely to Make Gold an Attractive Asset in a Rising Interest Rate Environment
Choice Act Reduces Regulatory Burdens, but Makes System Less Safe
In early February, President Donald Trump signed an executive order intended to repeal the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act. The Trump administration intends to replace the Dodd-Frank Act with the Financial Choice Act. This bill failed in 2016, but has been reintroduced by Republican Congressman Jeb Hensarling, who is chairman of … Continue reading Choice Act Reduces Regulatory Burdens, but Makes System Less Safe
Fed Treating Inflation Data Like “Fake News”
The phrase “fake news” has been making the rounds around Washington lately. Most of the time it has been used by politicians, but last week, I felt it may have been tossed around a few times at the Federal Open Market Committee’s monetary policy meeting. Last week’s Fed interest rate decision was book-ended by two … Continue reading Fed Treating Inflation Data Like “Fake News”