This is the biggest menace to gold mining and it is one that a lot of traditional investors cannot see coming. Altcoins like Bitcoin, Ethereum, Litecoin, NEO, and DASH serve as a hedge against inflation. Yet they are far easier to buy, sell and trade than gold.Read more
American patriots might cringe at this collapse of the greenback, but there are many positive side effects. Shrewd investors can make a lot of money and have a lot of fun with a falling dollar.Read more
Etsy has proved it is incapable of making money and demonstrated that online companies can fall into a familiar retail trap.
The trap is the old one of ever-increasing sales that generate no real money. Dozens of retailers; ranging from Whole Foods to Rite Aid to Overstock.com, have fallen into over the years. The only way a company can profit from this trap is to sell itself to a larger retailer or private equity organization in search of market share or other resources.Read more
The TenX Visa is supposed to convert eight cryptocurrencies including bitcoin, ethereum, ERC20 and Dash (the currency formerly known as Darkcoin). More currencies; presumably including Litecoin are coming according to the TenX website. It is not clear if there is any connection between TenX and China’s Tencent Holdings.Read more
All of these investments are real risky and you’ll probably lose money but you never know. As Benjamin Graham liked to point out Mr. Market is completely insane and he often rewards off the wall investors while punishing conventional thinkers severely.Read more