Crypto… Not a Safe Haven but We Still Like It
Many people who are crypto enthusiasts argue that bitcoin, litecoin, ethereum, etc. are safe-haven assets in much the same way people argue gold and silver are safe-haven assets. Nothing could…
Crypto Carnage & Bear Markets
The cryptos are taking it on the chin again today, compounding what was already a bad month. We discussed both the technological promise and the speculative danger in cryptos and…
Beware the Crypto Thief
We talk about crypto’s here at the TOE from time to time. It is important to remember that the technology that backs these systems is in its infancy. While the…
Some Thoughts on the Macro Picture for 2018
The "everything bubble" is a meme that is alive and well. The price of everything is going up. The price of stocks, bonds, real estate, Cryptos, food, healthcare, education, and…