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Bitcoin Soars Above $9,000, Hits New All Time High On Burst Of Asian Buying

Bitcoin Soars Above $9,000, Hits New All Time High On Burst Of Asian Buying

Less than 24 hours ago, we noted that Bitcoin had broken above the recent resistance level around $8,300 and hit a fresh all time high of $8,650, observing that the world's biggest cryptocurrency by market cap is now rising at a pace pace that has put the $10,000 price target by both Mike Novogratz (and Jose Canseco) firmly in its sights.

Francesco Filia: The World's Twin Asset Bubbles Could Collapse Under Their Own Weight

Francesco Filia: The World's Twin Asset Bubbles Could Collapse Under Their Own Weight

In this week's MacroVoices podcast, Erik Townsend interviews Francesco Filia, a fund manager at Fasanara Capital. After exchanging pleasantries, Townsend begins the interview by asking Filia, an analysts who's widely regarded for his research about how post-crisis monetary policy has impacted distorted markets, about the different metrics he uses to determine whether a certain asset is in a bubble.

http://publisher.podtrac.com/player/NzE4NDQ1/MTI10

Black Friday Sales Buoyed by 'Blessed' Cold Weather

Black Friday Sales Buoyed by 'Blessed' Cold Weather

Content originally published at iBankCoin.com

The media is working over time to give retailers good press, seeing that they're all but destroyed now. Long stories filled with anecdotal quotes from store managers litter the internet today, exclaiming the virtues being able to touch and feel items on sale, as opposed to merely buying them via Amazon. Who does that anyway, buy items online? Poppycock.

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