Author Archive: Jeremy Parkinson
Peeking Inside An Actual Bitcoin Mine: Care To Buy A Mining Operation?
What’s a bitcoin mine look like? Let’s take a look inside a Washington State mine. Here are some image clips from a video article about an actual bitcoin mining operation. Mine Details The mine is in Wenatchee, Washington has 1,800 servers running every day with very little downtime. The mine is run by Malachi Salcido, […]
Markets Are In Transition…You Ready?
For the second week in a row the S&P exploded higher and exceeded its weekly expected move. Watch this video newsletter update to find out how the market is in transition and low risk strategies you can use to continue to ride the market to the upside.
Drowning In The Money River
Photobank gallery/Shutterstock It’s a big club and you ain’t in it. ~ George Carlin If you suspect society is unfair, that there’s a different set of rules the rich live by, you’re right. I’ve had ample chance to witness first-hand evidence of this in my time working on Wall Street and in Silicon Valley. Simply […]
8 Questions To Ask Yourself Before Becoming A Full-Time Investor
“Am I ready to become a full time investor?” If you’ve broken into the real estate industry as a part time investor, chances are, you’ve asked yourself this question before. You may have a day job that provides a steady income and great benefits, but perhaps you’ve dabbled in real estate investing part time because […]
We’ve Spent 10 Years Looking For It – Now Pray We Don’t Find It
We got another taste of the old “good news is bad news” mindf*ck on Friday morning when a hotter-than-expected CPI print translated directly into this for markets: Of course by the end of the day, stocks shook it off, but the point there was that “good news is bad news” is at the heart of […]
The Course Of The Dollar
We tell our students not to read too much into the strength or weakness of a currency. However, the dollar’s trajectory since November 2016 is quite striking. Here is the trade weighted real value of the US dollar against a broad basket of currencies, through December 2017. Figure 1: Real value of US dollar against broad […]
Gold Miners’ Status Updated
After a positive year-end with the expected precious metals rally we noted on Dec. 31, in NFTRH 480: “With HUI dwelling just under the 195 resistance parameter, a pullback can come at any time. But there are enough other factors still in line to expect a resumed rally after any grind at resistance comes into […]
Here Comes The Debt Tsunami: Goldman Warns Treasury Issuance To More Than Double In 2019
During yesterday’s surprisingly candid remarks by Bill Dudley, the second most important person in the Federal Reserve – the organization that is responsible for the third consecutive and largest ever yet asset bubble in history – said that one risk he was increasingly worried about was, drumroll, elevated asset prices. Because, supposedly, the Fed has little to […]
The Dea(r)th Of Economic Momentum
For the fourth quarter as a whole, Chinese exports rose by just less than 10% year-over-year. That’s the highest quarterly rate in more than three years, up from 6.3% and 6.0% in Q2 2017 and Q3, respectively. That acceleration is, predictably, being celebrated as a meaningful leap in global economic fortunes. Instead, it highlights China’s […]
The Great Recession=A Blip
“The most massive financial crisis since the Great Depression.” How many times did we hear that? A savage mauling of worldwide markets, meant to humble and teach us. Uh-huh. Keep it in context, folks. Take a good, hard look at the entirety – – the whole thing – – of the global financial crisis. Use a […]
