Is Bitcoin the Model-T of Money?Stephen Flood

Posted on
Ford 3 1 min 1024x691 rG9Jan

Launched in 1908, the Model T was the world’s first-ever mass-produced car. It completely reinvented transportation, replacing horse-drawn carts and ensuring the development of road networks across the US and abroad. When it was first released it retailed for $835, slightly more than the average industrial wage. At the time other car manufacturers took days to build competitive cars,… Read More

Sprott Money News Weekly Wrap-up – 1.15.21Sprott Money

Posted on
hqdefault MVWV4d

Chris Vermeulen of The Technical Traders sits in for Eric, as Eric is unavailable due to family health issue. Chris shares his updated views on gold, the dollar, Bitcoin, the stock market and the mining shares. You can submit your questions for our Weekly Wrap Up to submissions@sprottmoney.com Visit our website https://www.sprottmoney.com for more news.Read… Read More

The destructive force and failure of QE

Posted on
Screen Shot 2021 01 14 at 12.10.36 PM 1XKmRn

This article concludes that quantitative easing as a means of stimulating economies and financing government deficits will fail. The underlying assumption is that the transmission of additional money to non-banks in order to inflate financial assets, and to banks to cover government finances, will become too great in 2021 for it to succeed without undermining… Read More

Bitcoin Death Signal?: What the U.K. and HSBC Clampdown Really Means for the CryptocurrencyStansberry Research

Posted on
hqdefault bhYDCc

HSBC, the largest bank in the U.K, will no longer be transacting with cryptocurrency exchanges; it will neither process crypto payments nor allow wallet-to-bank transfers. The news follows the country’s Financial Conduct Authority issuing a warning to avoid cryptos, noting that investors could lose all their money. Our Daniela Cambone speaks with industry insider Vince… Read More

Black Swans, Ordinary Swans, and MetalsGary Christianson

Posted on
g1 rJfzD9

Miles Franklin sponsored this article by Gary Christenson. The opinions are his and are not investment advice. AT A GLANCE: Expect more of the same for 2021 – massive debt, central bank “printing,” and dollar devaluation, while consumer prices and inflation rise. Gold and silver have been insurance and protection for thousands of years. They… Read More