Bitcoin prices just collapsed in a very short period of time. This is huge volatility, we are talking about the price of Bitcoin changing by more than 25 percent in less than a 24-hour period. That is a huge drop in price! That is massive volatility, which is the reason why I have been saying that Bitcoin is not good as money because its too volatile!
Jan 10, 2017
Jan 9, 2017
Stock Market: The More It Rallies, The Harder The Sell-Off Will Be
I think the more the stock market rallies before Trump is inaugurated the more it is going to fall after he is sworn in. (SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Index ETF (QQQ), iShares Russell 2000 Index ETF (IWM))
Jan 5, 2017
Gold: A Very Strong Start To The Year
Gold up (SPDR Gold Trust ETF (GLD)), U.S. Dollar down, gold mining stocks (Market Vectors Gold Miners ETF (GDX)) up quite a bit, so far the year is not getting off to the type of start that all the experts were predicting. Again, I think that Wall Street experts are in for a big surprise based on how 2017 is going to shape out.
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