Financial System
Financial System
bitcoin hunting
Is it Bitcoin Hunting Season?
bitcoin huntingThe truth is it’s ‘bank hunting season’, and has been for about a decade now. And it’s not going to stop any time soon. The very existence of bitcoin and cryptocurrencies threaten the entire system. It challenges them with the fact that elitist greed and excess has an expiry date.
Fintech Picking Banks’ Pockets
blockchain technologyThe value of our money is based on faith. Faith in the credit of our government’s monetary policy. This is why the concept of the blockchain and cryptocurrencies is so powerful. People may start to realise it’s the only safe haven left in the next crisis.
US Political Volatility Boosts Gold Price
Gold barsUS politics is not looking like it’s going to be a beacon of calm over the rest of the Trump presidency. And the massive US debt ceiling problem is not going away. Such volatility usually triggers more investment into safe haven assets. To my mind Gold could be the big winner in the short term.