My QBTC Advice Last Week Was Completely Wrong

February 27, 2021

Oops. Last week I said it’s Time to Sell our Bitcoin Fund (But Not For the Reason You Think).  I said that QBTC was trading at a discount to NAV, so to prevent further erosion, it would be prudent to invest your funds in an ETF that trades closer to NAV. No. That’s completely backwards. […]

Read the full article →

Time to Sell our Bitcoin Fund (But Not For the Reason You Think)

February 20, 2021

Time to sell QBTC and QETH. I believe that Bitcoin, and Ethereum, and probably many other cryptocurrencies, will be great speculations in 2021.  I refer to them as speculations, not investments, because they are very volatile.  20% swings in 24 hours are not uncommon.  However, massive stimulus spending will lead to the continued devaluation of […]

Read the full article →

The Case Against Bitcoin

February 13, 2021

As the price of gold remains stuck in a trading range between $1,800 and $2,000, there is nothing much to discuss about gold.  I have my core gold stocks, and I’m holding them. So, over the last few weeks, I’ve commented on the crypto market: Ethereum: The Best Crypto Investment? QBTC, QETH, Bitcoin, and How […]

Read the full article →

Ethereum: The Best Crypto Investment?

February 6, 2021

As I write this, shortly after 7:00 am on Saturday, February 6, 2021, Ethereum is trading at $1,683, just slightly below its all-time high of $1,764 reached yesterday. On January 11, 2021, it bottomed at $905, so if you timed it well you are sitting on a very large profit.  If you didn’t time it […]

Read the full article →

Announcing My New Hedge Fund

January 30, 2021

No, I’m not actually going to start a Hedge Fund, but I should, eh?  I’ll buy nothing but Gamestop. For those of you hiding under a rock for the last week, a bunch of dudes on Reddit decided to crush the short selling hedge funds, and Gamestop was one of their targets.  Gamestop owns retail […]

Read the full article →

That Was Boring

January 23, 2021

Last week I predicted we were in for a week that would change the world.  Well, not so much. The Inauguration was a non-event.  The stock market didn’t do much.  Gold is trading about where it started the year, which is strange for the month of January. Bitcoin, on the other hand, went on something […]

Read the full article →

The Week That Will Change The World

January 16, 2021

Wednesday, January 20, 2021, is Presidential Inauguration Day in the United States.  It appears that tens of thousands of National Guard troops and other military are already in Washington D.C., preparing for the Big Day.  It also appears that the public is not invited.  Large gatherings are not permitted during the COVID-19 pandemic, so the […]

Read the full article →

Bitcoin: The Runaway Train

January 9, 2021

Interesting week, eh?  I don’t mean politics.  I don’t care about that.  I assume it’s all theatre.  I mean the crypto world. I won’t bother showing you the charts, because they change every minute, 24-7, but I can tell you that on January 1, 2021 Bitcoin traded at $28,572, and it peaked on January 8 […]

Read the full article →

QBTC, QETH, Bitcoin, and How to Invest

January 2, 2021

As I write this on Saturday morning, January 2, Bitcoin has just reached yet another all-time high of just shy of $31,000 USD.  Ether, the cryptocurrency based on the Ethereum blockchain, traded over $750, so while not an all-time high, it is getting close to its all-time high achieved three years ago. I am not […]

Read the full article →

Will Bitcoin Replace Gold as a Safe Haven in 2021?

December 26, 2020

No. No, Bitcoin will not replace gold as a safe haven in 2021. There, I just saved you from having to read my disjointed ramblings on that subject.  For those who have time to kill on this Boxing Day weekend, here is a more detailed answer: Yes, 2021 will be the year that Bitcoin enters […]

Read the full article →