Bad decisions and bad policy decisions lead to pain and suffering. — There’s no shortage of bad market news these days. We have already gotten used to historical inflation, recession, or war in Ukraine. But now we have an even bigger crisis on the horizon, a raging energy crisis in Europe. So, let’s take a look at the facts. EU natural gas…

Three ways to explore Burry’s bear case. — Hedge fund manager Michael Burry’s from Scion Asset Management dumped all but one of its stock holdings in the second quarter. Burry is one the first investor to foresee and profit from the U.S. subprime mortgage crisis. He is best known for being profiled in “The Big Short,” a book…

Store your long term financial energy in hard assets, but never even consider storing it in the government currencies. — Money makes the world go around, but most people have no clue what money is. Even most so-called economists have no clear definition of money. Investopedia defines money as a medium of exchange, but that completely misses the point. So here’s a simple way to describe money. Money is financial…

Now we can change reality merely by calling it something else. — You may have noticed the White House published a blog post late last week titled “How Do Economists Determine Whether the Economy Is in a Recession?” But despite the Orwellian spin, the US economy has been in a recession all year. What is a recession? The Oxford dictionary defines a recession as “a period…

Regulators are slowly realizing the difference between the bitcoin and 20,000 altcoins. — The Terra LUNA crash sent shock waves through the crypto market. It wiped off an estimated $60 billion of the value of LUNA and UST, taking the whole crypto market with it. So what can you and I learn as investors to protect ourselves from being burned? Here are my…

Musk exposes the hypocrisy of the social and eco-activist. — In case you missed it, Tesla got kicked out of the S&P 500’s ESG Index recently. Elon Musk immediately took to Twitter to express his frustration by saying, “despite Tesla doing more for the environment than any company ever!” …

It could be a financial tectonic shift of the century. — It’s been three months since the beginning of the Russian invasion of Ukraine, and plenty of things have changed dramatically. In my article from March 2, I wrote, “Russia has figured out that they can apply force in the geopolitical sphere, enhance their position as a player and at the…

Large bitcoin investors and institutions are viewing bitcoin as a store of value. — While the stock market keeps plummeting, bitcoin has maintained relatively stable grounds. What’s behind this resilience? The main reason is that the holders are holding and not selling. Large bitcoiners and institutions are viewing bitcoin as a store of value. …

In the end, we’ll discover the dollar and bitcoin are the last surviving currencies to continue playing the game. — Last week, cash-strapped Sri Lanka announced a default on its $51 billion foreign debt. But, Sri Lanka is just the beginning of the brutal game of musical chairs. And same as in the game, when the music stops playing, the weakest countries are eliminated until only one player is left.