August 6th Markets Update – Cryptocurrencies and the Markets; “Dumb” Money Outperforms Hedge Funds 

I have uploaded a markets and economics update podcast for August 6, 2017. Click here to go to the show archives page to listen. The latest show is on the top of the page.

-Bitcoin trades at new highs. Where I think cryptocurrencies are going.
-Gold and silver update
-Stock market update
-Bonds and the dollar and euro
-Dumb money outperforms hedge funds; the advent of defined contribution plans in 1982 helps the stock markets to continue to move higher. We all play a part in these bubbles.
-Alex Jones has a thorough understanding of mind control and manipulation
-Lotteries and games of chance are “minus-sum” schemes.