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27 Jan 2023 2 minute read 11 comments SweptOverNiagara
I'd been planning for a month now to finally make my first official Bitcoin purchase and this afternoon, I completed my first successful purchase / transaction using my bank issued credit card for the grand total amount of $100 CND. It's not much but...
26 Jan 2023 3 minute read 2 comments SweptOverNiagara
The U.S. Government is in a boondoggle because it hit its debt ceiling limit last Thursday. The national debt has now surpassed $31.5 Trillion and that clock keeps counting higher and higher. While Congress hasn't yet settled the matter, the U.S. Tre...
25 Jan 2023 3 minute read 0 comments SweptOverNiagara
Just a few days ago, I published a post titled, 'Silver smacked down for no apparent reason' and in it, I vented my frustration with the clearly manipulated silver spot price which was once again inexplicably pulled down over a dollar an ounce on Mon...
24 Jan 2023 3 minute read 4 comments SweptOverNiagara
N.Y. Times: 'El Salvador's Big Bet On Bitcoin Isn't Paying Off' CNBC: 'El Slavador's Bitcoin Holdings Down 60% to $60 Million One Year Later' The Economist: El Salvador's Bitcoin Experiment Is Not Paying Off Nasdaq.com: Will El Salvador Default On It...
23 Jan 2023 2 minute read 5 comments SweptOverNiagara
Precious metals are down today, especially silver which is usually the most volatile in the PM group. Silver has dropped more than a dollar starting in the early morning hours and sharply just after 8 am when the NYMex came online. Over the years, I'...
20 Jan 2023 2 minute read 3 comments SweptOverNiagara
We all knew this was going to happen, didn't we? Well, last night Genesis Global Holdco LLC and two subsidiaries (Genesis Global Capitol and Genesis Asia Pacific Pte., Ltd.) are officially bankrupt after filing for bankruptcy protection last night i...
19 Jan 2023 3 minute read 10 comments SweptOverNiagara
Treasury Secretary (and former FED Chair under Trump) Janet Yellen notified Congress this morning via a letter to new House Speaker Kevin McCarthy that the U.S. Government has officially reached its debt limit and to act as soon as possible. It's not...
17 Jan 2023 5 minute read 6 comments SweptOverNiagara
It's time to provide an update on my winter gardening. At the end of the Fall season, I built these small makeshift greenhouse type coverings over my raised beds for the first time to see if my plants would survive the frosty temps. I did some resear...
15 Jan 2023 5 minute read 5 comments SweptOverNiagara
You might be wondering, 'What is M2 Money Supply and what does velocity have to do with it?'. First of all, you're not alone. It took me a long time to truly understand what it is and it took me an even longer period to understand why the velocity of...
14 Jan 2023 3 minute read 5 comments SweptOverNiagara
A week ago at this time, Bitcoin was at $16, 946. On Sunday, Bitcoin slowly began to rise but on Wednesday, just before the U.S. Core CPI print was published, it then had a series of jumps upward which has continued unabated. Yesterday morning, Bitco...
