We hear you loud and clear…
Last week, we mentioned a free webinar from radio host Glenn Beck and financial analyst Teeka Tiwari. They tackled some big questions, like: Is bitcoin dead? If not, how do you buy it safely? And, what’s next for the cryptocurrency market?
Of course, you had a lot more questions, as our e-mail inbox can attest.
But frankly, P.J. and I are the wrong folks to answer them. In fact, back in our July cryptocurrency issue, P.J. wrote:
If you wanted to buy the banged-up Volvo station wagon that I got for my teenage kids to bang up some more and you offered me six bitcoins for it, I’d tell you to bite me.
Oops. Back then, those six bitcoins would have been worth about $15,000… Today, they’d be worth nearly $50,000.
Anything that can more than triple your money in a year is worth paying attention to… And those are just the beginning of the gains that we’ve seen over the past year in many smaller cryptocurrencies. Of course, we still have questions…
As P.J. wrote in that same issue, he wouldn’t take your bitcoin for his Volvo then:
This is because I feel ignorant. I am confused by the mathematical intricacies used to form the computer-programmed blockchains that underlie cryptocurrencies.
Of course, I’m confused by lots of things… But I am particularly sensitive to confusions concerning money. The history of money is a history of increasing confusion – much of it deliberate.
Which is why tonight, we’re tuning in to a live cryptocurrency Q&A session.
If you join us, you’ll have a rare opportunity to have a former Wall Street vice president answer your questions live.
Again, it’s tonight at 8:00 p.m. Eastern time.
I recommend listening. I will be. Click here to reserve your spot.
Now on to the latest news…
Are the biggest gains in the market still to come? If so, you’d better be invested…
These two charts prove that my thesis for U.S. stocks is moving along according to plan… and that some of the biggest gains of this bull market could still be ahead of us.
Did you profit as the world’s most valuable company crossed its latest milestone?
Along the way, Apple has led a broader tech boom that has made a handful of giant companies central in people’s daily lives and investment portfolios.
Of course, eventually something will kill the good times in the U.S. economy…
The economic expansion in the United States celebrated its ninth birthday last month. If it survives another year, it will be the longest on record. But eventually something will kill it…
How did we go from Mr. Rogers…
I never dreamed that Mr. Rogers in person would be a more perfect version of his remarkably warm and wise television persona, for an unexpected reason…
…To banning lemonade stands?
From Louisiana to Colorado, families set up makeshift lemonade stands, hoping to teach children the virtues of capitalism, make a few bucks, or raise funds for charity. Then they find themselves in trouble with the law if they do not first obtain a government license to conduct their “food-vending business.”
We tried to warn you a year ago. Read Turney’s article, Blue Apron: A Two-Sided Tale on Wall Street.
It is hard to believe that customers are going to finally start sticking with the kits. Between groceries, restaurants, and ordering out, they have plenty of other options.
Our kids will have a better life than we will, right? Not so fast…
If you are an upper-middle-class parent, as I am, you must have noticed that the real world isn’t playing according to script. Among many young Americans, there is downward mobility. The children aren’t achieving what they (and their parents) expected.
And let us know what you’re reading at [email protected].
With P.J. O’Rourke and the American Consequences Editorial Staff
August 8, 2018