Author Archive: Jeremy Parkinson
Litecoin Bullish Price, Reached Our Price Target Of 100 USD
Last night, Litecoin’s Price touched and shortly crossed above 100 USD hence achieving Investinghaven’s price target! It all started in July when we wrote our first Litecoin price forecast. Back then, we set a 60 USD price target for LTC that was met shortly after. We stressed in that Litecoin price forecast.the fact that in order to see more […]
Facebook, Inc. Stock Tumbles Amid Broad Tech Sell-Off
Facebook stock (FB) is one of the casualties of a tech sell-off on Wednesday that so far has also claimed Netflix, Apple, Alphabet and even the poster child of retail, Amazon. However, analysts likely aren’t going to abandon Facebook or any of the other tech giants any time soon, even as investors rotate into other sectors such […]
Trump, Fed And Gold
President Trump will reshape the Federal Reserve. What does it mean for the gold market? There are currently two big unknowns widely discussed by the financial analysts and investors. The first one are the prospects of tax reform. This week all eyes are on Capitol Hill, as the Senate is expected to vote on the […]
Senate Budget Committee Passes The Tax Bill 12-11
Tax Reform Pushes Stocks Higher The stock market had a huge day on Tuesday as the Dow had its 61st record high of 2017. The Dow was up 1.09% and the Russell 2000 was up 1.53%. The S&P 500 was up 0.98%. It has been above its 200-day moving average for 358 days which is the […]
How Will The Bitcoin Mania End?
“Bitcoin is capitalism, distilled. You should love it!” – Adam Ludwin I’ve tried to remain pretty balanced in my view on Bitcoin and cryptocurrencies in general. Back in 2013, I said Bitcoin was definitely money and that the ideological hatred of it was irrational. This monetary view is consistent with the general view I have on cryptos as […]
“The Money Is Just Sitting There… Doing Nothing For Society”
Of all the despicable side-effects of modern monetary policy, the worst might be the implicit encouragement artificially-low interest rates give small savers to take outsize risks. The only thing worse might be when government makes it explicit: How Denmark Is Trying to Get Savers to Invest in Risky Assets (Bloomberg) – In the country with the […]
Safe Haven ETFs In Focus Amid Geopolitical Threats
North Korea has been relatively silent for two months. Safe haven funds were out of investor radar. However, they are back in reckoning as the North Korean leader made claims of his regime completing its nuclear program. Latest Developments in the Space North Korea launched a Hwasong-15 missile with improved technology that can put the […]
Are Gold Stocks In For A Double Bottom?
(Audio length 00:11:50) On today’s editorial Doc and I look at the discrepancy between the move in some specific gold stocks and the ETFs that follow the sector. Some of the major miners are breaking down but GDX and GDXJ are still well above the early 2016 lows. Overall what we are seeing is money […]
BTFD! Bitcoin Back Above $10,000 After Flash-Crashing To $8,500
Chaos… Bitcoin bounced back $1500 from the lows, back above $10k… * * * Update: The crash is continuing with Bitcoin now collapsing below $9000… Ethereum and Litecoin are also under pressure. Numerous exchanges and trading platforms are suffering outages. * * * Having soared in the last 24-48 hours to as high as $11,395 this […]
Low Volatility Means Low Turnover?
ZeroHedge had an interesting article about the very low turnover in hedge funds in the third quarter, only 26%. The title of the article includes the word paralyzed but the text rules out complacency. Instead, the conclusion seems to be that the market is going up in a way that just should not be, summed up as […]
