Van Mises quote
Depression and mass unemployment are not caused by the free market, but by government interference in the economy.
The world is upside down
Record unemployment numbers in the US .. and then the FED/PPT/etc pump the stock market up like crazy. Hey, we all know workers don't matter. I doubt the bottom is in yet.
Vitalik Buterin on the Lex Friedman podcast
*Ethereum, Cryptocurrency, and the Future of Money *
Silver is the most undervalued asset on the planet
The gold silver ratio now hit the brutal extreme of 104; if you have any fire power left and can wait 12 to 18 months, buy silver.
Negative interest rates are theft
The big crash of March 2020
Have a good scotch
On a crazy day like today, probably best to simply have a good vino or scotch and wait for the dust to settle. Finally the almost everything bubble comes to an end. It's a real shame that everything will be blamed on the coronavirus and not the central banks that created all these bubbles -- for sure on purpose. Instead they will be looked at as the heros, now flooding the markets with trillions of fiat.
Is BTC a safe haven asset?
We know from a long history, that gold is the nr 1 goto safe haven asset. Over the weekend and today BTC crashed 15%, while the DOW was only down 7.36% and gold about flat. Crypto haters now claim that BTC is not a safe haven asset.
Buying gold below spot on Vaultoro this morning
This morning, there is more mass fear in the market. Covid19 is maybe the trigger to end the almost everything bubble.
My recession, depression corona proof hard assets portfolio
On popular request, I share the structure of my portfolio during these difficult times. Most of my portfolio is to buy and forget. The challenge is, the more you learn about any topic, the more exciting it becomes. Mining for example is so much more than a whole in the ground, but at the end of the day it's all about people.
The world is upside down
Just a few bullet points to show in what a crazy world we live. When the music stops, I hope you are in the few asset classes that are hard assets.