Posts Tagged ‘Markets’
The Old Man’s Views
It’s for times like these that Bitcoin was created!
Although BTC lost its way occasionally, it exists to protect our wealth from bad economic times and to protect us from governments with bad economic policies. I have spent the last 18 months discussing the need to create a diversified portfolio encompassing financial instruments and secure investments outside of capital markets.
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The Old Man’s Views
So much going on, yet so much unknown
Whilst the bond market continues to price in further economic weakness, the equity players are promoting the importance of holding value stocks. Crypto Banks are in trouble, and BTC is again coming under pressure.
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The Old Man’s Views
I’ve just spent a week on my back…
I’ve just spent a week on my back in traction and yet I haven’t grown an inch! Getting old is no fun, but keeping up with the latest market developments sure keeps you busy.
In the past 18 months, the crypto and hi-tech community has moved their focus from NFTs, to the Metaverse, and now into AI.
The Old Man’s Views
According to recent surveys…
According to recent surveys, readers of “The Old Man’s Views” are happier and better looking than those who ignore them.
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The Old Man’s Views
BTC has been floating around the 22,000 level longer than a balloon over Montana
I don’t know whether BTC will continue to float, or the Biden administration will bring it down soon. But then again, I am not writing this report on Hunter’s laptop.
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The Old Man’s Views
When a hot-air balloon dominates the news, something is amiss!
However, before I go on to discuss anything else, I will offer my sympathy to the people of Turkey. I am happy to be hard-nosed about most events but watching pictures of a father sitting by his dead daughter…
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The Old Man’s Views
Where do we go from here? Is the future fraught with danger?
I dumped half my BTC position last week, which looking back on it, might have been a bit premature.
But it will not be the first time I banked a little too early.
The Old Man’s Views
The year starts well, but only some people seem happy
This week, we were able to bank some profits and reduce our exposure, thanks to the 50% rally in BTC. Of course, I didn’t buy at the low or sell at the high but taking a nice chunk out of this move was very satisfying.
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The Old Man’s Views
It’s been a good week or so, BUT will it continue?
I am more than happy with the recent strength in various markets, especially as it’s removed a lot of the doom and gloom that hung over the markets throughout most of last year.
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The Old Man’s Views
It’s a New Year, so are we going to see a new direction?
We’re into the early days of the year, and the short-term direction remains unclear. Equities have held relatively firm over recent weeks. Not because the economic outlook is improving but because the bad news has become a little stale.
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The Old Man’s Views
Happy New Year!
Let’s start the year on a high.
I spent some time over the winter break checking up on past reports, re-evaluating what I’d discussed and what had happened. With a few exceptions, it worked out a reasonably good year, with most things expected coming home.
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The Old Man’s Views
HO-HO-HO! And all that stuff!
I was going to write a report on my views for next year, but playing pin-the-tail-on-the-Donkey, when the outlook is less than positive is hardly a great way to end the year.
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The Old Man’s Views
It’s That Time of Year
It’s the season to be jolly, but much of that will depend on whether your country is still in the World Cup. I’ve enjoyed this World Cup more than I expected.
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The Old Man’s Views
Nervous Markets. No Clear Direction and Lots of Noise.
I’ve traded through every “boom and bust” since the 1970s, but today’s environment is unlike anything I have seen or experienced. In this business, everyone, especially those who make comments and observations, needs to find something to be excited about and promote to clients and followers.
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The Old Man’s Views
“Past Performance Is No Guarantee of Future Success”. Ask The Argentinian Football Team
In case you have missed it, a very controversial World Cup tournament is underway in the shifting sands of the Middle East.
This 4-week tournament cost much more than SBF lost his investors. Still, it has failed to damage the reputation of football as much as SBF hurt the reputation of cryptocurrencies…
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The Old Man’s Views
The crypto industry created SBF, so let’s not cry too much, shall we?
I lost money last week on BTC because an industry-created superstar turned out to be a crook! The loss itself hasn’t annoyed me much because giving a little bit back to the market happens now…
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The Old Man’s Views
Crazy is as Crazy Does!
The investment world has been relatively boring for the past few months, which is not unusual following a massive decline or during a…
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The Old Man’s Views
Whilst capitalists are in it for the money, Libertarians wish to be owners of their own lives
You cannot compare the two because one is a political theory, and the other is economic. However, from an investment or speculation point of view, making money is becoming increasingly challenging because we must consider what politicians will or might do. I am a libertarian, and so much of what is going on today…
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The Old Man’s Views
A Bizarre Week in the UK, But a Good Week for The Markets
Last week when I wrote, Liz Truss was still Prime Minister, and Jeremy Hunt had just become Chancellor, which I hoped would steady UK PLC. That would support cable, Equity Markets, and BTC, which I have suggested buying for the past few weeks based chiefly on technical observations. This week, I am writing this…
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The Old Man’s Views
The UK government is “flummoxed”. So am I!
That’s a fine word for non-native English speakers. In modern-day usage, it is the state of mind of politicians. It means: they are so confused they haven’t got a clue what to do! I could suggest “flummox” is a disease Liz Truss caught from Joe Biden, but because it is breaking out in…
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