Central Banks This Week – ECB and Bank of Canada
With and ECB and Bank of Canada meeting and issuing statements this week Marc Chandler, Head of Global Currency Strategy at Brown Brothers Harriman, join me. We present the explications of what we will see (or won’t see) and how this relates to the recent overall economic data.
Click here to visit Marc’s website for great daily commentary.
Click download link to listen on this device: Download Show
You’ll probably make a fortune DT. In retrospect I should have pulled the trigger on the IPO for (HIVE) but felt it would correct and offer a better starting point. Nope it went up up and away…… I felt some of the hot air would come out of it a while later, but it just keeps going higher. Hindsight is 20/20 but dang…..
http://stockcharts.com/h-sc/ui?s=HIVE.V&p=D&b=5&g=0&id=p25971734990
Have a look at LTV, it has been busting out, there’s two words I haven’t heard since the topless revolution of the late sixties. LOL!
Yes, LTV has been busting out. I’ve seen the chatter over at ceo.ca. Up about 400% in the last few months.
DT – Check out this post on recent returns from Blockchain companies:
Technical Analysis on the HIVE Chart
by @Goldfinger on October 24, 2017
https://ceo.ca/@goldfinger/technical-analysis-on-the-hive-chart
Another big day for the Blockchain sector: HIVE up 18%, BLOC up 12%, LTV up 33%
Chris Parry – October 23, 2017
https://equity.guru/2017/10/23/another-big-day-blockchain-sector-hive-18-bloc-12-ltv-33/
Dilbert Comics Mock Blockchain Mania
Oct 22, 2017 at 09:10 UTC by Stan Higgins
https://www.coindesk.com/dilbert-comic-strips-lampoon-blockchain-and-initial-coin-offerings/
Dilbert is nerdy office humor, I really like family circus but rarely read the funnies these days. Nice touch, Ex. DT
Haywood Securities introduces #Blockchain coverage
Bitcoin Gold Initiates Hard Fork Split to Create New Cryptocurrency
Oct 24, 2017
https://www.coindesk.com/bitcoin-gold-initiates-hard-fork-split-create-new-blockchain/
Bitcoin Gold: What to Know About the Blockchain’s Next Split
Oct 23, 2017
“The project, which seeks to improve bitcoin’s technology by changing how its competition for rewards is conducted, is the second to launch since August via an increasingly common process called a “hard fork.”
“Readers may remember the term from the launch of bitcoin cash, the alternative version of the bitcoin protocol that spurred global headlines for unexpectedly creating billions of dollars in value, seemingly out of thin air.”
> In short, bitcoin gold aims to achieve two goals:
“First, bitcoin gold wants to change how mining works by making it so the most powerful mining machines (called ASICs) can no longer be used.”
“Second, by attracting more people to this system over time, it hopes to free the bitcoin network from the large companies that offer these products, and it argues, command undue influence on the network.”
“Instead of scaling bitcoin to support more users, bitcoin gold tweaks bitcoin in an effort to “make bitcoin decentralized again.”
https://www.coindesk.com/bitcoin-gold-know-blockchains-next-split/
#Australia Is Next In Line To Regulate $Bitcoin
Anna Golubova – Monday October 23, 2017 #CryptoCurrencies
http://www.kitco.com/news/2017-10-23/Australia-Is-Next-In-Line-To-Regulate-Bitcoin.html
Countries are all following China’s leadership role in the financial World especially in Asia and markets that are dependent on Chinese currency.
Hedge fund sues Barclays Bank for £650M over alleged copper market rigging
Andrew Topf | about 24 hours ago
http://www.mining.com/hedge-fund-sues-barclays-bank-650m-alleged-copper-market-rigging/
Venezuela’s foreign reserves hit by expired $1.7 billion gold swap with Deutsche
Valentina Ruiz Leotaud | about 2 hours ago
http://www.mining.com/venezuelas-foreign-reserves-hit-expired-1-7-billion-gold-swap-deutsche/
Bond Traders Are Piling Into a Fed-Proof Bet
By Brian Chappatta – October 23, 2017
I bought into a junior on The TSX-V, syl, LTV , about 6 days ago. They are in blockchain technology, today they announced a deal with one of Canada’s major banks. This stock reminds me of the run up in weed stocks. Blockchain is where the action currently is, and I mean is. DT