Bitcoin will never be money, and here’s why
Bitcoin has a market cap which is less than Tesla stock, so its price can move swiftly in any direction. Gold has a $9 trillion market cap, and that doesn’t include gold bars stored in the vaults of 100+ sovereign nations. Sovereign nations are not buying Bitcoin; gamblers and other…
The Big Picture of the Great Reset
I’ve been thinking about the mechanics of all things financial. In the past, I’ve talked a lot about debt, but as I’ve learned and synthesized so much more information, I have a new theory to share. It’s not the debt which is causing the economic machine to break down. It’s…
U.S. Church and State are not separated. Is this Biblical?
It bothers me that there’s no real separation of church and state in the USA, like our founding fathers (and mothers) intended. Ironically, the separation of church and state is Biblical. Mark 12:17 reads “Jesus said to them, ‘Render to Caesar the things that are Caesar’s, and to God the…
“Black Lives Matter” or “Not Skin Deep”?
I’ve been mostly silent on the BLM movement because of the violence I see in the media, but I’m going to be brave and take a chance here to express my opinion with people I know. When I was in 4th grade, the schools were desegregated, so for 5th and…
Tesla is to automakers as America is to the world
So now we’ve got a car company that has never made money selling cars, with a market cap greater than all the other car companies on the planet, being praised for its growth by the media, touted as a “tech” company, eligible for the S&P500? Wait a minute…did you see…
The Glorious FANGS
The term “FANG” refers to the four popular technology stocks: Facebook, Amazon, Netflix, and Alphabet (Google). Just about everyone with an employer-sponsored IRA owns these stocks through the mutual funds and ETFs in their portfolio. The acronym FANG makes a word (fangs) that conjures up images of predators ripping apart…
The Power of Narrative
Powerful people know all about narrative. It is the greatest tool in their arsenal. If you can get people to believe what you want them to believe, then you can control their attitudes and behaviors. Narcissists are masters at using narrative to push their agendas and get what they want….
The Greatest Illusion of this World
It’s right in front of us, but we do not see. I’m not talking about the coronavirus or the bailout packages or the stay-at-home orders. Nor am I talking about the banking issues, small businesses going bust, mega corporations in trouble, or all the unemployed. The “Titanic” (fiat financial system)…
What the media isn’t telling you…
While the pandemic is the main focus of the media now, there’s something else going on behind the scenes (the impact of U.S. dollar losing its status as world reserve currency). The U.S. has been insolvent for a long time now. Technically, America is bankrupt, but the world is still…
Bankruptcy or Bailout?
The Dow Jones was extremely volatile Monday thru Friday. In percentage terms, it was the worst week since the 2008 financial crisis. Down 4000 points, it had the largest weekly drop ever. Although I have been worried about a stock market crash for a long time now, and everyone was…