Tony Westfallen

The Old Man’s Views Nervous Markets. No Clear Direction and Lots of Noise.

By Tony Westfallen / 30 Nov 2022

I’ve traded through every “boom and bust” since the 1970s, but today’s environment is unlike anything I have seen or experienced. In this business, everyone, especially those who make comments and observations, needs to find something to be excited about and promote to clients and followers.
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The Old Man’s Views “Past Performance Is No Guarantee of Future Success”. Ask The Argentinian Football Team

By Tony Westfallen / 24 Nov 2022

In case you have missed it, a very controversial World Cup tournament is underway in the shifting sands of the Middle East.
This 4-week tournament cost much more than SBF lost his investors. Still, it has failed to damage the reputation of football as much as SBF hurt the reputation of cryptocurrencies…
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What can we expect over the coming weeks?

By Tony Westfallen / 17 Nov 2022

The investment world has never been in as much of a mess as it is today. So, anything suggested here…

The Old Man’s Views The crypto industry created SBF, so let’s not cry too much, shall we?

By Tony Westfallen / 16 Nov 2022

I lost money last week on BTC because an industry-created superstar turned out to be a crook! The loss itself hasn’t annoyed me much because giving a little bit back to the market happens now…
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The Old Man’s Views Crazy is as Crazy Does!

By Tony Westfallen / 10 Nov 2022

The investment world has been relatively boring for the past few months, which is not unusual following a massive decline or during a…
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The Old Man’s Views Whilst capitalists are in it for the money, Libertarians wish to be owners of their own lives

By Tony Westfallen / 03 Nov 2022

You cannot compare the two because one is a political theory, and the other is economic. However, from an investment or speculation point of view, making money is becoming increasingly challenging because we must consider what politicians will or might do.   I am a libertarian, and so much of what is going on today…
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The Old Man’s Views A Bizarre Week in the UK, But a Good Week for The Markets

By Tony Westfallen / 26 Oct 2022

Last week when I wrote, Liz Truss was still Prime Minister, and Jeremy Hunt had just become Chancellor, which I hoped would steady UK PLC. That would support cable, Equity Markets, and BTC, which I have suggested buying for the past few weeks based chiefly on technical observations.   This week, I am writing this…
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Crypto Market Observation 25.10.22
BTC/USD

By Tony Westfallen / 25 Oct 2022

Despite the bearish sentiment, BTC has been holding below the 20,000 level for some time and we could soon see…

The Old Man’s Views The UK government is “flummoxed”. So am I!

By Tony Westfallen / 20 Oct 2022

That’s a fine word for non-native English speakers.   In modern-day usage, it is the state of mind of politicians. It means: they are so confused they haven’t got a clue what to do!   I could suggest “flummox” is a disease Liz Truss caught from Joe Biden, but because it is breaking out in…
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The Old Man’s Views How are we going to cope when the lights go off?

By Tony Westfallen / 12 Oct 2022

In the digital age, electric power is the lifeblood of our society; without it, all hell breaks loose.   Although, I do not foresee a period when the internet goes down. I can anticipate a period or periods when our access to the internet is limited and restricted. I remember the 1970s. A time when…
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