Bitcoin Is Nothing Like Gold – Ep 694
Rotation continues from momentum to value as Bitcoin investors turn to gold. China is the excuse, not the reason for the Bitcoin bubble bursting. This
Rotation continues from momentum to value as Bitcoin investors turn to gold. China is the excuse, not the reason for the Bitcoin bubble bursting. This
Treasury bonds creep higher to new post-Covid highs. Gold sellers are not Bitcoin buyers. Market has been buying Fed’s bluffs. Ferocious moves in gold ahead.
Markets rally as the rotation to value and dividend stocks continues. Treasury yields slip. Big moves in oil and dollar. Gold and silver take a
NASDAQ enters into a correction. Cathy Wood buys overpriced momentum stocks. The madness of crowds has reached an all-time high. NFTs are for rookies. Tweets
Oil prices surge to two year highs. Restaurants being allowed to reopen is not employment strength. Jerome Powell spooks the markets with his false sense
Jerome Powell becomes more dovish each time he speaks. US Dollar hits new low against Australian and Canadian Dollar. Technical charts show dollar heading towards
Renewed momentum out of Covid stay-at-home stocks and into value stocks. Crude oil, industrial metals, and other commodities move higher. Tesla slips back into a
Spike in interest rates hit gold and silver hard. First time home buyer credit tucked into stimulus bill will breed fraud and moral hazard. Tesla
Elon Musk dumps Tesla shareholder money into Bitcoin. Tesla is overvalued, but Bitcoin has no value. Will one bubble be the pin for another bubble?
Big gains in the most heavily shorted stocks like Game Stop. Robinhood traders buying Game Stop think they’re smarter than the hedge funds shorting it.