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Bitcoin is the Purest Form of ‘Hard Money’ Ever Created

By: Justice Clark Litle

Nov 26, 2020 | Educational

Bitcoin could be one of the greatest public investment opportunities in all of recorded history. That’s not hyperbole. We are serious about this — and we come to that view having studied Bitcoin intently for more than two years, and global markets overall for more than 20. There are venture-capital opportunities and private-investment opportunities that can deliver multi-thousand-percent returns. But…

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Why Mental Capital is Just as Important as Financial Capital

By: Justice Clark Litle

Nov 25, 2020 | Educational

Editor’s Note: When the end-of-year holidays roll around, we like to revisit an assortment of “best of” pieces taken from throughout the year. And what a year it has been. Given the degree to which 2020 has been mentally taxing for almost everyone, it seems fitting to revisit the topic of mental versus financial capital, and the reasons why both…

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When Will Bitcoin Have a Meaningful Correction? (Don’t Hold Your Breath)

By: Justice Clark Litle

Nov 24, 2020 | Educational

Bitcoin’s performance in recent weeks has quietly shocked Wall Street. At the time of this writing, Bitcoin is up more than 41% for the month of November alone — with a week of 24-hours-per-day trading left to go — and less than $500 from its all-time high set in 2017. The drumbeat of Bitcoin endorsements from financial heavy hitters is…

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Britain’s Green Industrial Revolution is a Sign of the Investing Times

By: Justice Clark Litle

Nov 23, 2020 | News

“Imagine Britain when a Green Industrial Revolution has helped to level up the country,” wrote U.K. Prime Minister Boris Johnson in a Financial Times opinion piece on Nov. 17. “You cook breakfast using hydrogen power before getting in your electric car, having charged it overnight from batteries made in the Midlands,” Johnson went on. “Around you the air is cleaner;…

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The Next U.S. Treasury Secretary Will be Pro-MMT

By: Justice Clark Litle

Nov 20, 2020 | Educational

In our view, inflation will make a true comeback in the second half of 2021. Not weak inflation either, but the real stuff. It could be the kind of inflation we haven’t seen in years. Rising wage levels for the average worker could materialize too, providing the fuel source for a sustainable, multi-year inflation trend. If it happens, there will…

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What Ray Dalio is Missing About Bitcoin

By: Justice Clark Litle

Nov 19, 2020 | Educational

Paul Tudor Jones and Stanley Druckenmiller have at least three things in common. They are both multi-billionaires. They are both hedge fund legends in the global macro space. And they have both publicly endorsed Bitcoin and confirmed they are long. Ray Dalio is another global macro hedge fund legend, with a net worth in the vicinity of $15 to $20…

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Tesla Will Be Added to the S&P 500 (and May Soon be a Sell, or Even a Short)

By: Justice Clark Litle

Nov 18, 2020 | News

Congratulations are in order for Tesla bulls: The S&P 500 Index Committee announced this week Tesla will be added to the S&P 500 in December. Tesla shares (TSLA) jumped 13% on the news, sending Tesla’s market cap to nearly $420 billion. The Tesla chart is intriguing. If Tesla breaks down from here, it is definitely a sell and could even…

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The Largest Trade Agreement in History Just Got Signed — With China at the Center

By: Justice Clark Litle

Nov 17, 2020 | News

If you thought globalization was dead, think again. In some ways, it is stronger than ever. There are certainly factors that favor protectionism, and trade wars, and a withdrawal from partnerships and agreements. But there are also powerful forces pushing in the other direction. These counterforces have the potential to produce more globalization over time, not less, with greater cooperation…

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The European Union Goes After Amazon

By: Justice Clark Litle

Nov 16, 2020 | News

A day will come when it makes sense to short the juggernauts: Amazon, Apple, Facebook, and Google. That day is not today, and it may not be here for a while yet. But it will come. As we explained on Aug. 3, the tech juggernauts are trading like a zero-coupon U.S. Treasury substitute. Investors have been reflexively trained to buy…

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Covid Winter is Coming

By: Justice Clark Litle

Nov 13, 2020 | News

On March 6, 2020, we wrote in these pages that 80 million Americans were likely to be infected by COVID-19, and that more than 400,000 Americans could die as a result. At that early date, many did not believe it. Many thought it impossible. And yet, here we are. At the time of this writing, more than 242,000 Americans have…

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