7 Articles 0 Followers
7 Aug 2024 3 minute read 1 comment The Bitcoin Minute
At the start of the week, A market-wide sell-off ensued. It was the product of economic and geopolitical that came together to drag down nearly every tradable asset. The cascading decline was felt across sectors, causing a flood of liquidations as tr...
22 Oct 2023 2 minute read 6 comments SweptOverNiagara
Thanks for dropping by. Please subscribe if you haven't yet! Bitcoin once again clipped $30,000 yesterday afternoon. Bitcoin started the year at a low of $16,540 and at time of writing, sits at $29,848, That's quite an impressive gain and if it goes...
15 Sep 2023 4 minute read 0 comments SweptOverNiagara
Over the last couple of years, gold has hit record highs against all currencies. Countries with depreciating currencies were hardest hit. As an example, Canadians paid $1525.30 per ounce of gold on October 1, 2018. This morning, as of writing, that s...
21 Oct 2022 2 minute read 0 comments SweptOverNiagara
I've been keeping an eye on the Yen as of late. Just a few weeks ago, the Japanese Central Bank sold U.S. treasuries to buoy up the Yen as it slid to a 20 year low against the dollar. It was later revealed that about $25 billion in treasuries were so...
28 Sep 2022 3 minute read 0 comments SweptOverNiagara
It was only a week ago that the Fed raised interest rates by 75 basis points and a day later when the Bank of England followed suit and also raised their rates by 50 basis points and announced quantitative tightening. Well, yesterday the Pound suffer...
22 Sep 2022 3 minute read 0 comments SweptOverNiagara
On Tuesday, Sweden's central bank, Riksbank, shocked markets by raising a full 100 basis points or one percent to combat 30 year high inflation, the biggest hike by the bank since November 1992, when it also raised rates by a full percent. Consensus...
19 Apr 2022 2 minute read 1 comment SweptOverNiagara
Yea, looks nasty indeed. That's a good 90 cent drop before recovering, albeit, slightly. It's the hedgers having their fun but this time, silver stayed above $25. There's no real reason for silver to have gone down otherwise. Hold on to your silver b...
