The markets are currently reacting to the pending default of a Chinese real estate juggernaut called Evergrande. This company owes global creditors $300 billion is outstanding debt, and is supposed to make a $83.5 million interest payment on Sept. 23 on its March 2-22 bonds and a $42.5 million payment on Sept. 29 on its … Continue reading Ghost’s Financial Market Report – Evergrande, China & The Debt Ceiling
The prognosticator of prognosticators strikes again! Last week's Federal Reserve announcement of pushing back interest rate hikes from 2024 to 2023 has instantly put assets in freefall into the negative. The FED's actions brought instant gains into the U.S. dollar to a 2 month high. Prices of commodities also took at hit with this announcement. … Continue reading Ghost’s Financial Market Report – 1
It's become so predictable! Any bad news or slight sign of negativity, crypto investors run away like a wide-eyed "spectrum brat" scolded for their Autism. This is an unfortunate side-effect of a new form of economics birthed via technology. Nerds, dorks and socially warped neck beards comprise the majority of the cryptocurrency markets, bringing emotionally … Continue reading The Majority Of Crypto Investors Are Pussies!
Now that the crypto markets are beginning to recognize that there is a direct correlation between the circulating supply of a cryptocurrency and the price, investors are running to low circulated coins like candy. But the circulation should NEVER be the ONLY factor when investing in cryptocurrency. The most important, yet overlooked factor in crypto … Continue reading What’s the value in Cryptocurrency? It’s the Technology Stupid!
Ever since I started covering cryptocurrency on True Capitalist Radio, I've seen a plethora of different coins emerge. What's really disturbing are these cryptos with tens of billions in circulation, and the pumping of them from many different medias. The culmination of this combination has been billions of dollars of "dumb money" coming into the … Continue reading Wake up NOOBS! TRON & RIPPLE Will Never Hit $1000!