The Old Man’s Views

The Old Man’s Views It’s for times like these that Bitcoin was created!

By Tony Westfallen / 16 Mar 2023

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.
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The Old Man’s Views So much going on, yet so much unknown

By Tony Westfallen / 08 Mar 2023

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.
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The Old Man’s Views I’ve just spent a week on my back…

By Tony Westfallen / 02 Mar 2023

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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The Old Man’s Views According to recent surveys…

By Tony Westfallen / 23 Feb 2023

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 Old Man’s Views BTC has been floating around the 22,000 level longer than a balloon over Montana

By Tony Westfallen / 16 Feb 2023

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.
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The Old Man’s Views When a hot-air balloon dominates the news, something is amiss!

By Tony Westfallen / 09 Feb 2023

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…
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The Old Man’s Views Where do we go from here? Is the future fraught with danger?

By Tony Westfallen / 02 Feb 2023

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.
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The Old Man’s Views The year starts well, but only some people seem happy

By Tony Westfallen / 26 Jan 2023

This week, we were able to bank some profits and reduce our exposure, thanks to the 50% rally in BTC. Of course, I didn’t buy at the low or sell at the high but taking a nice chunk out of this move was very satisfying.
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The Old Man’s Views It’s been a good week or so, BUT will it continue?

By Tony Westfallen / 19 Jan 2023

I am more than happy with the recent strength in various markets, especially as it’s removed a lot of the doom and gloom that hung over the markets throughout most of last year.
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The Old Man’s Views It’s a New Year, so are we going to see a new direction?

By Tony Westfallen / 11 Jan 2023

We’re into the early days of the year, and the short-term direction remains unclear. Equities have held relatively firm over recent weeks. Not because the economic outlook is improving but because the bad news has become a little stale.
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