Business

On the 12th day of Christmas Fed’s QE Gave To Me:

TWELVE Fed
Districts Dancing

It's A Wonderful Life Is A Wonderful Lesson To Hold Gold Outside of The Banking System

- Christmas film serves as reminder that savings are not guaranteed protection by banks- Savers are today more exposed to banking risks than ever before- Gold and silver investment reduce exposure to counterparty risks seen in financial system- Basket of Christmas goods has climbed since 2016 thanks to 11% climb in gold price

Ten Top Alt-Fin posts that marked 2017

Written by Peter Diekmeyer, Sprott Money News

Increasing questions regarding the big financial institutions and mainstream media platforms that cover them (such as CNN, MSNBC and the New York Times) are highlighting the importance of looking elsewhere for investment ideas.

The crypto space was thrown into chaos today as the price of bitcoin and its peers plunged overnight, cementing the pioneering digital currency's worst week since December 2013, only to rebound dramatically into the close, wiping out virtually all losses. Early today, just as the rout was nearing its trough, we shared a story from the Wall Street Journal about a mystery trader who placed a $1 million bet that bitcoin will climb to $50,000 by December 28, 2018.

Authored by Ethan Gaines via A Cold War Relic blog,

I love selling cars, the industry gave me a purpose after the shitty experience of being a corporate cog. But I’m truly starting to fear the worst for the American car industry.

The industry has shown growth since the dark days of the recession but the business model morphed into an ugly free for all.