Sound Money is the challenge and opportunity of our lifetime. Unsound money is the cause of numerous social ills. Bitcoin is solution as important as previous tech revolutions. Educating, advising and managing capital through this powerful transition.
I enjoyed Scott Adams’ life advice titbits. The author of Dilbert is a serial entrepreneur and a character with unconventional ways of thinking. I started to follow him after his debate with Sam Harris over Donald Trump’s 2016 election bid where he displayed a peculiar but engaging approach. Adams approaches life through a systems lens, … More Scott Adams, How to Fail at Almost Anything and still win Big
This is a research piece on the bitcoin arbitrage opportunity between South African exchanges and global exchanges. It’s not relevant for non-South African readers. Concept Bitcoin (BTC) is purchased through BTCZAR markets in South Africa, which is different to BTCUSD markets globally. When converting the BTCZAR price into USD, we tend to see a spread … More Bitcoin Bulletin: Arbitrage opportunity on ZAR-USD bitcoin spread
It’s been a while since I’ve raced through a book like I did with Infidel. I was whisked away to a different world for a few hours each day, absolutely captivated by Ayaan Hirsi Ali’s powerful story. The book is a political commentary on Islam, but this only becomes obvious later in the book. The … More Infidel: Ayaan Hirsi Ali
The recent gold all-time highs supports the store of value theme, which further increases my confidence for bitcoin’s price prospects over the coming quarters. Technical analysis suggests that the price rise above $10,000 is an important development for bitcoin, but the price remains well below all-time highs, which would be the final confirmation of the … More Bitcoin Bulletin: accumulation phase intact
Another brilliant piece of work by the master, Thomas Sowell. Quite a theoretical book but an incredibly useful framework. I’ve observed numerous recent events through Sowell’s visions since I started reading the book. The ability for ideas to immediately infiltrate one’s framework and lexicon is a true hallmark of greatness. A vision is our natural … More A Conflict of Visions by Thomas Sowell
Have you ever wondered why economic conditions are challenging, despite easy access to credit for cars, homes and shopping? In this edition of the Sound Money Monthly we cover one the most important macroeconomic trends, debt. (16 minute read) TLDR: Economic growth, job quality and social mobility are declining. Yet the policy response is the cause … More SM (ed. 1) Debt constrains our future
Have you ever wondered why economic conditions are challenging for the man on the street, despite easy access to credit for cars, homes and shopping? In this first edition of the Sound Money Monthly we cover the most important macroeconomic trend, debt. (16 minute read) TLDR: Economic opportunities for the masses and social mobility are declining, … More Sound Money Monthly: (ed. 1) Debt constrains our future prospects
Dear family, friends, colleagues and associates, The world is pretty dystopian in 2020. Record high unemployment yet record high equity markets in the US. Daily protests; some about starvation, some about the right to walk one’s dog. Fox News, CNN, SABC, E-TV, twitter or Facebook, which one is fake news? We’re up to our eyeballs … More Sound Money Monthly | Welcome
Dear family, friends, colleagues and associates, The world is pretty dystopian in 2020. Record high unemployment yet record high equity markets in the US. Daily protests; some about starvation, some about the right to walk one’s dog. Fox News, CNN, SABC, E-TV, twitter or Facebook, which one is fake news? We’re up to our eyeballs … More Price Macro Monthly | Welcome
Subsequent my March 2020 post “Protect Capital: The Case for Gold” the yellow metal has rallied 20% to all-time highs of $1975/ounce. Record highs incorrectly suggest to some that gold is expensive and that the rally is long in the tooth, but evidence refutes this inclination. Volatility and drawdowns should be expected, but current gold … More Gold thesis intact after ATHs
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