Ban Bitcoin?

“Bitcoin is the most subversive technology on the planet. This is a system that is growing around the entire world. But Bitcoin is just math. The government, no matter how many guns they draw, cannot change a mathematical problem. They can point their guns at 2+2 but it’s always going to equal 4.”Erik Vorhees

The S&P closed today’s trading session at $2,822. Gold closed at $1,283 per ounce. Crude Oil closed at $58.12 per barrel. The 10-year Treasury rate closed at 2.29%. Bitcoin is trading around $7,819 per BTC today.

Dear Journal,

Spring gradually gives way to summer up here in the mountains of Virginia.

And while the outside world frets over geopolitics… trade wars… wealth gaps… elections… and whatever else the news puts in front of them, I quietly admire the brilliance of nature.

You see, the seasons represent change. Unstoppable change. They turn with nature’s cycles whether we want them to or not.

Each season comes with its own beauty. And its own drawbacks.

The choice we have to make is whether to focus on the good… or the bad. That’s it.

And I believe that choice is what determines the course of our life.

Contentment or anger… love or hate… success or failure… it’s all in how we view the world.

Einstein said that there are only two ways to live. One is as though nothing is a miracle. The other is as though everything is.

Was he right? I don’t know. But I bet there’s some wisdom in there somewhere.

Continue reading “Ban Bitcoin?”

The Truth About Education

“The journey of a thousand miles begins with a single step.”Lao Tzu

The S&P closed today’s trading session at $2,859. Gold closed at $1,277 per ounce. Crude Oil closed at $62.70 per barrel. The 10-year Treasury rate closed at 2.39%. Bitcoin is trading around $7,126 per BTC today.

Dear Journal,

It has been nearly two years since I’ve written. And time goes by fast.

As I write to you today, nothing has changed about my outlook or philosophy. Yet, everything has changed about my world.

My knowledge of financial markets continues to grow. As does my understanding of where finance is going.

Your neighbors haven’t noticed yet… But we are on the brink of historic change.

Traditional institutions are crumbling. Traditions and customs are being questioned. Entrenched hierarchy is being challenged. The old way is fading into the new…

Continue reading “The Truth About Education”

The Self-Referential Awakening – Heeding the Warrior’s Call

The S&P closed out Friday at $2,044. Gold closed at $1,060 per ounce. Crude Oil closed at $37.07 per barrel, and the 10-year Treasury rate closed at 2.27%. Bitcoin is trading around $431 per BTC today.

Happy New Year! As I touched on in my last journal entry, I expect 2016 to be a very interesting year in the financial markets. Credit has been expanding and interest rates have been falling for more than three decades now, but 2016 may be the year those trends reverse.

The “authorities” will fight such a trend reversal with everything they have, but Mr. Market will eventually assert himself. Trees don’t grow to the sky, as they say. For a more detailed look at the prominent macroeconomic trends of our time, as well as how to position your finances accordingly, please see our online course Finance for Freedom: Master Your Finances in 30 Days.

Moving from finance to philosophy…

Socrates: Everyone wants to tell you what to do and what\’s good for you. They don\’t want you to find your own answers, they want you to believe theirs.

Dan: Let me guess, and you want me to believe yours.

Socrates: No, I want you to stop gathering information from the outside and start gathering it from the inside.

Continue reading “The Self-Referential Awakening – Heeding the Warrior’s Call”