It was never ‘true’ proponents of crypto who promoted SBF or FTX.com. Sure, some crypto industry grifters played their part. But in large parts, it was the mainstream media who gave him and his dodgy exchange credibility in the wider world.
The Most Likely Outcome for 2023
In today’s Money Morning, it tends to be that the most likely outcomes are the ones no one expects. Central banks are raising rates to combat inflation, but what if that’s having the exact opposite effect? What if it isn’t demand that’s driving prices up? If so, that spells opportunity for Australia…
Buy Scarce Assets…Wait…Then Profit
In today’s Money Morning, the most basic way to make money in the market is to buy something scarce that demand will increase for. Free markets react to these moments by increasing supply in response to rising prices. But right now, distortions created by government and central bank policymakers are killing these signals. And I think that opens up two big opportunities now. Read on to find out more…
Should You Be Buying Hydrogen Stocks?
In today’s Money Morning, there’s a lot of hype around hydrogen right now. Is it a viable green fuel for the future or just a lot of hot air? There’s certainly some debate around it. But as a potential US$1 trillion-per-year industry, it should definitely be on your radar…
A Confronting Chart Leads to an Opportunity
In today’s Money Morning, two years after (read on to find out what) the nature of money changed. We’ve just had a similar market event. And it’s helped wipe out $2.3 trillion worth of savings in just two years. What happens next? And what can you do about it…?
The Beginning of the End for the Euro
Yet more bad news out of Europe… Last week it was Credit Suisse. The week before, UK pensions fund bailouts amidst a plummeting British pound. This week? A pivotal moment in the energy-driven German economic slowdown.
Is Europe’s ‘Lehman Moment’ Close?
Although Liz Truss’s budget copped most of the flak for the massive intervention in bond markets, it was actually coming anyway. A number of big pension funds (like our superannuation companies) in the UK were caught on the wrong side of bond trades and were about to face a margin call.
The Greater Fool Isn’t Who You Think
The fact is there’s a worrying global trend towards centralised power in the world. And they only want more. Big tech owns your data, and they allow governments to snoop on you. Central banks control money and dole it out to their favoured parties.
Follow the Money Trail
In today’s Money Morning, I’ll look at a huge signal from late last week and why it means things could get nasty in the short term. However, understanding the possible reaction to this worsening situation could actually be a big opportunity in a very specific industry.
Energy Crisis about to Lift a Notch…but Opportunities Here Too
Europe is the centre stage of an unfolding crisis in energy. The sheer magnitude of this impending catastrophe is astounding.