Economy

If I had a Bitcoin for every email I’ve received asking me about Bitcoin… well… let’s just say you probably wouldn’t be hearing from me right now.

There is a stock we bought that has almost doubled in price in two months. Many E/P members are asking if they should hold or sell.

My response: You can’t go poor by making a profit.

While the actual amount of money that is flowing into Bitcoin is relatively small, perhaps Bitcoin’s rise is just another symptom of an overheated market.
Or…

Remember, that usually what happens at the top of a credit cycle. As people’s wealth expands, they spend on assets. But, this can’t last forever…

This government is yelling. “WE ARE GOING TO GIVE OUT TRILLIONS OF DOLLARS TO WHOEVER CAN HELP FIX OUR POLLUTION PROBLEMS!!!”

Who can answer that call?

In 2016, California voted to legalize recreational marijuana. This means that the 6th largest economy in the world would allow everyone to buy, grow, and consumer marijuana.

That’s a big deal.

But… I think this is WAY bigger.

I hate to over-sensationalize this, but I think this is a big, BIG deal.

Nerds and stoners. You probably couldn’t pick two more opposite groups of people.The nerds are concerned about researching information, discussing ground breaking ideas, and don’t care what…

Let’s play a little guessing game. Here is how it’s going to work… I’m going to give you some information. I’ll give you a bunch of facts and figures, then you can guess what company I’m talking about.

And that is what is happening again today… Investors are valuing companies based off of a ‘price-to-fantasy’ ratio. Which is exactly that – a fantasy!

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