Just discovered CELO last night. Sorry now addicted to Crypto….
Altcoin: CELO, $5.80 a crypto protocol.
Market Cap $5,670 million
Circulation 1,000 million
Big project / Big money backing them
$5.80 altcoin – still developmental stage.
Explanation Video: https://www.youtube.com/watch?v=mkpTmbkRv4A Continue reading
BITW – a package of ten Crypto currencies – is up 23 percent in three days
On Tuesday Aug 31, 2021, I bought 150 shares of Bitwise 10 CRYPTO INDEX (BITW)* $61.00 at a blended price of $49.58.
It is up 23% in three trading days on a portfolio of ten crypto currencies. Continue reading
There has been a change, though subtle, with money flowing into gold, silver and short-term treasuries. This is typically a defensive maneuver by Institutional Investors to lighten up on risk-on positions and move some funds to risk-off positions.
My coming to this conclusion isn’t universally accepted but LOTM has long had a Risk-off attitude with a 30% to 40% position in precious metals. It is where the value is in this market if you look at cash flows. Nat Gas is also a high cash flow risk off position in October / November 2020. It is still a high cash flow generating sector though not nearly as inexpensive as it was a year ago. We have risk-on positions in Blockchain and Crypto. Continue reading
As we head into the weekend, we offer up our thanks to Plum Capital and Kingdom Capital for their great write-ups on MKTY (Mechanical Tech)* $9.85 for spreading the word!
Recent article from Plum Capital and recent article from Kingdom Capital. Continue reading
Exponential growth is here now. Want proof?
Sourced: https://www.coingecko.com/en Continue reading
From the trenches (as in a WWI reference) the market is still in a state of gaining down-side momentum.
What is working in the upward direction? Continue reading
Dorsey Wright Short ETF (DWSH)* $8.77
There is enough technical evidence to suggest we should be preparing for a bear market. Even if we are wrong, consider inverse ETFs as a partial insurance policy to have money if a bear market unfolds more than it has. Continue reading
