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Tony Westfallen
Although BTC lost its way occasionally, it exists to protect our wealth from bad economic times and to protect us from governments with bad economic policies. I have spent the last 18 months discussing the need to create a diversified portfolio encompassing financial instruments and secure investments outside of capital markets.
The post The Old Man’s Views It’s for times like these that Bitcoin was created! appeared first on JP Fund Services.
In 1974, when I entered the business, Gold was trading at $140, and by the end of that year, 1974, it had rallied strongly to $195. By 1980, it had almost reached $1000. And by 1997, Gold was trading back down at $280. Today we are about $1800.
Whilst the bond market continues to price in further economic weakness, the equity players are promoting the importance of holding value stocks. Crypto Banks are in trouble, and BTC is again coming under pressure.
The post The Old Man’s Views So much going on, yet so much unknown appeared first on JP Fund Services.
I’ve just spent a week on my back in traction and yet I haven’t grown an inch! Getting old is no fun, but keeping up with the latest market developments sure keeps you busy.
In the past 18 months, the crypto and hi-tech community has moved their focus from NFTs, to the Metaverse, and now into AI.
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According to recent surveys, readers of “The Old Man’s Views” are happier and better looking than those who ignore them.
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The Chinese hot air spy balloon drifting across America was the biggest story, until Joe Biden’s, State of the Union “fairy-tale”, but most participants find it challenging to get their teeth into something tangible.
The Old Man’s Views BTC has been floating around the 22,000 level longer than a balloon over Montana
I don’t know whether BTC will continue to float, or the Biden administration will bring it down soon. But then again, I am not writing this report on Hunter’s laptop.
The post The Old Man’s Views BTC has been floating around the 22,000 level longer than a balloon over Montana appeared first on JP Fund Services.
The Chinese hot air spy balloon drifting across America was the biggest story, until Joe Biden’s, State of the Union “fairy-tale”, but most participants find it challenging to get their teeth into something tangible.
However, before I go on to discuss anything else, I will offer my sympathy to the people of Turkey. I am happy to be hard-nosed about most events but watching pictures of a father sitting by his dead daughter…
The post The Old Man’s Views When a hot-air balloon dominates the news, something is amiss! appeared first on JP Fund Services.
I dumped half my BTC position last week, which looking back on it, might have been a bit premature.
But it will not be the first time I banked a little too early.
The post The Old Man’s Views Where do we go from here? Is the future fraught with danger? appeared first on JP Fund Services.