The Old Man’s Views

The Story of Fernando, The Romantic Bull.

The week of Valentine’s Day is always a good time to tell the story of Fernando the Bull. I’ve read lots of reports and recommendations, many of which involve various types of technical analysis. Since the early days, I have been a big fan of using Elliot’s wave theory, especially on financial products. Elliot wave…

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The Old Man’s Views

The Winter Games and Games People Play

China has done exceptionally well hosting the Winter Olympics after Covid.    Considering China’s record of human rights abuse, the communists must be extremely happy that so many countries showed up to take part, that includes the Jamaican Bobsleigh team, which we should all be cheering!   For the billions of you not following these…

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The Old Man’s Views

Reasons to be Cheerful

There are lots of reasons to be cheerful: cheaper currencies, low interest rates, … AND you are not a central banker!   Firstly, as you are not running a Central Bank, be very happy because those guys are between a rock and a hard place right now. They have been playing with interest rates for…

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The Old Man’s Views

Fruit machines ain’t finance

I came into the cryptocurrencies looking for additional products to hedge against inflation and economic decline.   What I found …was a minefield.   I appreciated the ideology behind Bitcoin, and I realised volatility was a significant issue. I also understood how the blockchain worked with miners, proof of stake, and proof of work. I…

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The Old Man’s Views

Happy New Year!

At the end of the year, we had a few people disappointed because that much forecasted 100,000 on Bitcoin starting to look little more than a dream. But hey-ho, Rome was not built in a day. I am looking forward to 2022 and watching crypto markets grow and mature. However, I am not optimistic about…

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The Old Man’s Views

The Old Man Looks Back on 2021

Firstly, I hope you all had a wonderful Christmas. Omicron upturned my Christmas plans, but we all got through it safely.   We are about to enter another year of government restrictions and lockdowns, and it’s just not good enough.   “5-weeks to stop the pandemic” has become 2-years, and we are still being screwed…

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The Old Man’s Views

Satoshi Lives!

I am rushing to get ready for a flight to the UK. Hopefully, it will take off before Boris bans all incoming flights.   As most of you are preparing for another Covid Christmas, I’ll try and keep it short so that you can get to the shops or down the pub as soon as…

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The Old Man’s Views

The People Vs The Powers?

Omicron: Yet, another variant of the China virus that our governments enjoy using to impose their authority? If you can’t beat them, we should join them.   I was thinking about this and how we promote cryptocurrencies. Perhaps we should be talking less about opportunity and more about fear. Fear is a great motivator, and…

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The Old Man’s Views

Old men, power and COP26

The more I hear from the young, dynamic guys out there – those who use technology to create a positive future – the more I appreciate how truly creative and clever they are, especially if I compare them to the current batch of old men in power.   In the financial world, I realize some…

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The Old Man’s Views

More regulations could be the problem!

You cannot discuss this business with anyone working in it, without the discussion turning to rules and regulations. How, without introducing more rules and regulations, we could see the business destroyed.   I am sure more regulations will be brought in very soon but are they really that necessary. Moreover, are those people helping to draw…

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The Old Man’s Views

Beijing Biden and the Coming Big Bang

I’m running my computer and router on a generator because the power is off. What the hell is going on? For 20-years, since Bill “blow-me” Clinton, campaigned to get China into the WTO, what have we seen; Our wealth and jobs sent to China, Commodity yielding land sold to China. Chinese companies awarded contracts to…

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The Old Man’s Views

Oh, Joe! What did you do?

The great thing about internet searching is the algorithms that keep presenting you with the content it thinks you will like.   I was searching searching “major economic downturns” and “declines of empires”, and was presented with links to some new YouTube videos from sports events and rock concerts where people had filmed, not the…

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