Tuesday, December 19, 2017

MoneySense#28 Bitcoin or Big Con??(20 Dec 2017)



Did not realize my last piece was written at the start of the year. But instead of oil conspiracy, maybe good to close the year with the cryptocurrency conspiracy.
Has the North Koreans moved from printing better than original US$100 bills to mining and/or hacking bitcoins and the like?

The great transfer of wealth normally hits its pinnacle when the masses jump in.
But the order of transfer could be in reverse this round. The masses jumps in first, followed by the big elephants in the room, the institutions.

Stupid as it seems, I can sleep better with a bundle of real gold coins, than the virtual bitcoin.

Those who want to get rich fall into temptation and a trap and into many foolish and harmful desires that plunge people into ruin and destruction.

     1 Timothy 6:9

Monday, January 2, 2017

MoneySense#27 The coming oil conspiracy? (3 Jan 2017)

He who winks his eyes does so to devise perverse things; He who compresses his lips brings evil to pass.
      Proverbs 16:30

With the fresh new year, thought I will start with a wild thought, that is conspiratorial.
Putin does not wink, not with his cold Slavic killer eyes. But Trump, does he purse his lips?
Will Trump and Putin do a deal. Both nations are big oil exporters, a big shift for one net importer USA.
A war in Middle East will do nicely for the financials of both superpowers. What with the funding needs for TrumpÅ› infrastructure rebuild for aging America, and the oil revenue dependent Russia.
And it will also kill off some of the Arab competition, if pipelines and oil fields are blown up inevitably in the wave of short but destructive war. And blow a hole in the budget of oil importing China as a bonus.