Meet the Masters... January 12 – 14, 2018



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Not Sending Their Best

from Stefan Molyneux

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The 2016 Election WAS Hacked, But It Wasn’t Russia

by Chris Campbell
Laissez Faire Books

We promised we’d take a day off from the crypto markets… but, did you see this?

Bitcon – $17,468. Ethereum – $622. Litecoin – $366.

[…] Cryptocurrencies are SOARING today.

This is only a glint of what’s to come in 2018. If you haven’t already, check out this urgent Bitcoin announcement.

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Hacking at the Root

from The Daily

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Moral Values and Customs

by Walter E. Williams

I’m approaching my 82nd birthday, and my daughter will occasionally suggest that modernity is perplexing to me because I’m from prehistoric times. As such, it points to one of the unavoidable problems of youth — namely, the temptation to think that today’s behavioral standards have always been. Let’s look at a few of the differences between yesteryear and today.

One of those differences is the treatment of women. There are awesome physical strength differences between men and women. To create and maintain civil relationships between the sexes is to drum into boys, starting from very young ages, that they are not to use violence against a woman for any reason. Special respect is given women. Yesteryear even the lowest of lowdown men would not curse or use foul language to or in the presence of women. To see a man sitting on a crowded bus or trolley car while a woman is standing used to be unthinkable. It was deemed common decency for a man to give up his seat for a woman or elderly person.

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Andreas Antonopoulos, Bitcoin Messiah, is a Fraud

from Trader of Futures

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The Stock Market and the FOMC

by Pater Tenebrarum
Acting Man

An Astonishing Statistic

As the final FOMC announcement of the year approaches, we want to briefly return to the topic of how the meeting tends to affect the stock market from a statistical perspective. As long time readers may recall, the typical performance of the stock market in the trading days immediately ahead of FOMC announcements was quite remarkable in recent decades. We are referring to the Seaonax event study of the average (or seasonal) performance across a very large number of events, namely the past 160 monetary policy announcements and the 10 trading days surrounding them. It looks as follows:

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New York Times Decries Academics for Publishing in Fake Journals, Fails to See Irony

from RT America

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Fed Gets More Ammo for Rate Hikes

by Wolf Richter
Wolf Street

Producer Price Index rises most in six years.

The Producer Price Index for final demand – which tracks prices received for goods, services, and construction from the perspective of the seller, as opposed to a measure like CPI which tracks prices paid from the perspective of the buyer – jumped 0.44% seasonally adjusted in November from October, after having risen 0.44% in October and also 0.44% in September, the Bureau of Labor Statistics reported today. After those three sharp monthly increases in a row, the index has now risen 3.1% year-over-year (not seasonally adjusted), the fastest increase since January 2012.

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Kitco News: Decrypting 2018 – Outlook For Bitcoin

from Kitco NEWS

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Cryptocurrency Chaos: Bitcoin, Litecoin and Ethereum All Keep Surging to New Record Highs with No End in Sight

by Michael Snyder
The Economic Collapse Blog

The cryptocurrency revolution is the biggest story in the financial world right now. In recent days I have spent a lot of time writing about Bitcoin, but the truth is that all of the major cryptocurrencies have been on an unprecedented run lately. In fact, some of them have been rising much faster in price than Bitcoin has. So even though Bitcoin is now worth almost 18 times as much as it was at the beginning of 2017, that actually pales in comparison to how fast Litecoin has been rising. Of course not all of these cryptocurrencies will eventually succeed. There are about 1000 different cryptocurrencies in existence at the moment, and most of them will inevitably fail. But for now virtually every cryptocurrency is soaring, and the total market cap for all cryptocurrencies combined is rapidly approaching half a trillion dollars.

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Post Market Wrap Up, Plus: Tomorrow is Fed Day… OMG.

from Gregory Mannarino

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Stocks and Precious Metals Charts – And the Band Played On

from Jesse’s Café Américain

[…] Trump is a compulsively vulgar knucklehead.

FOMC announcement on rates tomorrow. 25 basis point increase is expected.

There will be a stock option expiration on Friday.

Have a pleasant evening.

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A Worldwide Decentralized Grocery Platform on the Blockchain with INS Ecosystem

from The Dollar Vigilante

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