Month: February 2021

JPMorgan advises clients to expose 1% of their portfolio to Bitcoin

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by ExcellentNoThankYou In a recent note to clients, strategists from JPMorgan (NYSE:JPM) suggested a one percent portfolio allocation to Bitcoin and other cryptocurrencies. As reported by Bloomberg, JPM strategists Joyce Chang and Amy Ho opined that Bitcoin could serve as a hedge against fluctuations from traditional assets like bonds, stocks, and commodities. However, they advised … Read more

The Cheapest Asset in the World

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by Jeff Clark, Senior Analyst, GoldSilver.com  Silver outperformed gold last year, and has so far this year, too. The gold-silver ratio has fallen from 123 last March to 64 today. Silver’s 12-month performance is also strong, up about 60% since last February 28. And yet, silver remains one of the most undervalued investments that can be … Read more

The Fed stops updating it just as its growth accelerates. What´s going on?

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The Fed stops updating it just as its growth accelerates. What´s going on?🤔 pic.twitter.com/oSq284MLKF — Antonio Pérez-Algás (@apanalis) February 26, 2021 The US broad money supply is now up $4 trillion vs. the same time a year ago. pic.twitter.com/O4XTl1vSZi — Win Smart, CFA (@WinfieldSmart) February 26, 2021 Fed has lost control of bond mkts – … Read more

AOC criticizes NYPD’s new robot dog

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Democrat firebrand Rep. Alexandria Ocasio-Cortez, D-N.Y., claimed that the New York City Police Department’s (NYPD) new robot dog is “being deployed for testing on low-income communities of color with under-resourced schools.” On Thursday, Ocasio-Cortez — a member of the left-wing “Squad” — blasted the NYPD’s new “Digidog” on Twitter two days after the cyber hound … Read more

BREAKING – A global outage affecting Visa and Mastercard

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OMMAOK: There is currently a global outage affecting Visa and Mastercard. https://t.co/snVio8t6Dj — Abraxas Labs LLC (@AbraxasLabs) February 26, 2021 https://downdetector.com/status/visa/ https://downdetector.com/status/mastercard/   Visa customers are reporting issues, primarily in the area of payment processing, with apparent spikes in Atlanta, New York and central Kansas, with 911 issues reported by 12:30 p.m. Mastercard customers are … Read more

The American credit score system has reached peak stupidity. Apparently you can pay money to raise your credit score now.

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by _Raspootin_ I just saw a commercial for Experian’s boost which is a product of theirs that raises your credit score by adding your bank account and things like utility bills being paid on that account will boost your score. https://www.cnbc.com/select/experian-boost-adds-hulu-disney-plus-hbo-starz-to-eligible-streaming-services/ Well now they have it where having a streaming service such as Netflix, Hulu, … Read more