Gold, Silver, and Oil Predictions; Ellison’s FTX Testimony and the Sam Trabucco Mystery; Massively Eroded Dollar Sees the Fed Turn 109 — Week in Review

Robert Kiyosaki says the time to buy gold and silver is now, predicting a stock market crash will send prices of the precious metals higher. In other news, the crypto community has been curious about the former Alameda Research co-CEO Sam Trabucco, and his whereabouts, as the guilty plea of Alameda’s former CEO Caroline Ellison … Read more

Treasury Secretary Janet Yellen Warns Gas Prices Could Spike This Winter — Says ‘It’s a Risk’

U.S. Treasury Secretary Janet Yellen has warned that gas prices could rise again this year. “It’s a risk that we’re working on the price cap to try to address,” she stressed. “Our price cap proposal is designed to both lower Russian revenues … while also maintaining Russian oil supplies that will help to hold down … Read more

Virgin Galactic Chairman Correctly Predicted the oil Price Crash

It is evident that people who have opinions on Bitcoin may be slightly more knowledgeable about the financial markets in general.  Virgin Galactic Chairman and Social Capital CEO Chamath Palihapitiya is one of those individuals. There are many people who have opinions on the financial markets. Virgin Galactic Chairman Blasts Oil price Predictions Most of … Read more

Liquid Gold vs Digital Gold: Why Bitcoin Beats Oil in the Current Climate

Extreme volatility. Sudden loss of value. A purported store of value. An economic hedge. An alternative to gold. On the face of it, bitcoin and oil have a lot in common. Both markets have been buffeted by the covid-19 economic downturn, but while bitcoin has stabilized, oil keeps plummeting. What does “digital gold” have that … Read more