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Cryptocurrency: Financial Industry Assimilation Pace Accelerates
- November 2, 2018
- Posted by: Orkan Ozkan
- Category: News
No CommentsIn a document titled, “Bitcoin Decrypted: A Brief Teach-In and Implications,” Morgan Stanley Financial Services (MSFS) claims Bitcoin and altcoins to be a “new institutional class.” Based on early 2018 number-crunching reports, MSFS reports a strong formation of new funds targeting the sector, as well as the “growth” of cryptocurrency-tied futures. Despite a strong “wait
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Bank of America Says Gold Is Set To Soar Above $1,300!
- October 3, 2018
- Posted by: Orkan Ozkan
- Category: News
Bloomberg has reported that Bank of America Merrill Lynch believes that gold is set to surge over the next year, as the country’s widening budget deficit and tariff-driven trade war begins to damage the U.S. economy. In a phone interview last week, Francisco Blanch, the Head of Bank of America’s Global Commodities and Derivatives Research
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A Sucker Punch May Win the Battle, but Probably Not the War!
- August 15, 2018
- Posted by: Orkan Ozkan
- Category: News
It’s become extremely clear that President Trump does not believe that maintaining the status quo has been beneficial for the United States. There is no doubt that foreign countries have viewed the U.S. like an open book and that at least generally speaking, the country’s response to anything has been clear, calculated, and quite predictable.
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Market Bulls are Loose in the China Shop!
- June 20, 2018
- Posted by: Orkan Ozkan
- Category: News
Market ether has finally evaporated and those die-hard bulls who have refused to give up on the last possible 10% gain from this market, may soon find themselves in a position to lose 50% of their portfolio in the blink of an eye. Today’s headlines are full of ‘reasons’ for the coming market drop. Billionaire
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Soros Says Round Two Of Global Economic Turmoil Is Coming!
- May 29, 2018
- Posted by: Orkan Ozkan
- Category: News
Billionaire investor George Soros discussed the strong potential for another devastating global economic crisis, in a speech he delivered on Tuesday, in Paris. In no uncertain terms, he said that “everything has gone wrong” and another “major” financial crisis is coming. “Brexit is an immensely damaging process harmful to both sides,” said Soros. While Europe
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Renowned Templeton Fund Manager Mobius Warns of Massive Market Drop
- April 25, 2018
- Posted by: Orkan Ozkan
- Category: News
This blog has spent months identifying and explaining a myriad of obvious reasons that the stock market cannot continue its long-in-the tooth bull run. The oldest and still strongest concerns are: the common and continuing practice of public corporations to borrow cheap Fed money earmarked for maintenance, infrastructure, and expansion, then diverting it instead to
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Too Late For Continued Fed Tightening
- March 2, 2018
- Posted by: Orkan Ozkan
- Category: News
Lawrence Henry Summers is a former U. S. Treasury Secretary, with an impressive resume. In a recent interview with Bloomberg Television’s Erik Schatzker, he pointed out that in spite of the Fed’s continued “tightening” policy, it will be quite some time before the interest rate gets high enough, such that it could be reduced by
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Giancarlo Discusses Virtual Currencies with Senate Banking Committee
- February 7, 2018
- Posted by: Orkan Ozkan
- Category: News
J. Christopher Giancarlo, chairman of the Commodity Futures Trading Commission (CFTC) testified this morning, before the Senate Banking Committee, in a crowded committee room on Capitol Hill. The day’s topic was “virtual currencies,” which were described as a digital representation of value that may function as “a medium of exchange, a unit of account, and/or
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Controlled Correction Or Commencing Collapse?
- February 6, 2018
- Posted by: Orkan Ozkan
- Category: News
Friday and yesterday’s stock market losses were a long-overdue correction at the very least and out of the gate this morning the market will have you believe that’s exactly what it was, a correction and nothing more. With the Dow up more than two-hundred points already this morning, investors are eager to get back on
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Gold Follows Oil’s Lead
- November 27, 2017
- Posted by: Orkan Ozkan
- Category: News
Statistics are just as important and useful in finance, as they are in sports. I bring that to your attention, because there is a distinct correlation between oil prices and gold prices. More than 60% of the time, the two commodities appreciate or depreciate together. Increasing tensions between Saudi Arabia and Iran are pressuring both
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