Tag Archive for: volatility

Bitcoin Volatility is a Feature, Not a Bug

Bitcoin Volatility

The following is not a prediction for bitcoin’s price in 2022. We don’t know what the price will be in the short term, and neither does anyone else. It is a look at the economics of bitcoin. First off, bitcoin is not a Ponzi scheme. A Ponzi is a fraud, in which the sponsor promises […]

Gold’s Gone Wild!

Headline’s gone wild today. For example, one public gold company CEO tweeted: “Today, some banks failed to deliver physical in the COMEX bar EFP. As a result, these banks suffered large losses…There remains a big shortage in physical in the COMEX denomination. So, rumors are, the COMEX will announce a force majeure…” Ignoring his sloppy […]

Why Are People Now Selling Their Silver? Report 15 Sep

This week, the prices of the metals fell further, with gold -$18 and silver -$0.73. On May 28, the price of silver hit its nadir, of $14.30. From the last three days of May through Sep 4, the price rose to $19.65. This was a gain of $5.35, or +37%. Congratulations to everyone who bought […]