Madness of the Crowds: Bitcoin

Charles Mackay wrote a book, Extraordinary Popular Delusions and the Madness of the Crowds and I think if they republished that book they should add a chapter so they can put Bitcoin in there because it's all the same mentality, that's the lesson. Everybody (investing in Bitcoin) should read that book.

The Federal Reserve Will Not Upset The Status Quo

The Federal Reserve does not want to do anything that might upset the status quo. And at this point, the Fed is between a rock and a hard place. The central bank can normalize interest rates, which will ultimately pop the stock market bubble, or it can continue with its easy monetary policies and wreck the US Dollar. The Federal Reserve will ultimately sacrifice the currency (US Dollar) on the altar of the stock market.

Related trading instruments: SPDR S&P 500 Index ETF (SPY)

Real Vision: Discussing Gold and the US Dollar

Peter Schiff on Real Vision discussing the markets in general and gold in particular.

Related trading instruments: SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), Market Vectors Junior Gold Miners ETF (GDXJ)