These guys have picked some winners over the last decade. I have known Paul and Brandon since 2014, and I have made six figs in trading profit off their recommendations. It’s been a tough year for Canadian microcaps, but if you think a bounce back is due, then you should read their stuff. And they have allowed me… Read More »
Slowly but surely, American retail investors are getting banned from most cryptocurrency exchanges in the world. A partial list of exchanges that have banned Americans would include: 1. Bitfinex 2. Binance 3. Poloniex 4. Bitmex In the last six months, both Binance and Poloniex kicked out its US customers. In the past, loose KYC (know-your-customers) registration policies allowed Bitmex and Bitfinex to service… Read More »
Behold the falling knife: This a five-year chart of the Toronto Stock Venture Exchange. The index hit 542 on Friday. It hasn’t been that low since early January 2019, when it was 530. The only time the TSX has been below 500 was January 2016. Note both times the index recovered very quickly, rising 20% in less than… Read More »
The euphoric summer of 2019 is now past and we are well into the gloomy autumn. Now the twitter feed is clogged with bearish predictions of bitcoin and the death of crypto. Again. Yet another random bearish bitcoin chart Never mind that nothing is new under the sun. Traditionally Bitcoin does well in the spring and not-so-well when… Read More »
This morning I sold off the last of my bitcoin mining stocks. As far as crypto goes, I own a lot of bitcoin, some shares of Overstock and some shares of Galaxy. I would like to say I sold because I knew bitcoin was going to dump down to $8200 from $9500 this afternoon but I’m not that… Read More »
It’s a short letter this week as I am about to hop on a nine-hour-long flight from London, UK to Vancouver, Canada. I spent most of this week in London attending a financial marketing summit. The conference was held at the British Museum but I thought the most impressive structure that I saw sightseeing was the Royal Courts,… Read More »
