Has the fact that the price of a single bitcoin has risen nearly eight-fold so far this year prompted you to turn bearish on the world's most valuable digital currency?
Well, here’s your chance to short it.
A Swiss asset-management firm called Vontobel launched a new futures product on Friday that will make it easier for retail investors to short bitcoin.
Authored by Constantin Gurdgiev via CaymanFinancialReview.com,
Submitted by GoldCore
It is the 'opinion of the European Central Bank' that the deposit protection scheme is no longer necessary:
'covered deposits and claims under investor compensation schemes should be replaced by limited discretionary exemptions to be granted by the competent authority in order to retain a degree of flexibility.'
One of the Fed's recurring arguments meant to explain why the financial system is more stable now than it was 10 years ago, and is therefore less prone to a Lehman or "Black monday"-type event, (which in turn is meant to justify the Fed's blowing of a 31x Shiller PE bubble) is that there is generally less leverage in the system, and as a result a sudden, explosive leverage unwind is far less likely... or at least that's what the Fed's recently departed vice Chair, and top macroprudential regulator, Stanley Fischer has claimed.
Paris, schmarish...
In a February 2007 report, the United States Department of Energy made thirty-year predictions for the country's energy usage and production. As Statista's infographic below shows, using data from the non-profit international environmental pressure group Natural Resources Defense Council, these forecasts have so far been smashed.
You will find more statistics at Statista
Martin Armstrong details that actual CO2 emissions in 2016 have undercut the 2006 predictions by 24 percent.