Taylor Report

The Fed is still taking money out of the economy. Credit tightens, real estate suffers, defaults increase and reality sets in. Things are going to get worse. Be prepared.

Today.....Sept. 7th.....marks a historic milestone. Latin American country El Salvador has made BITCOIN legal tender.....its really BIG.....Delta variant of COVID taking its toll on economic growth.....BITCOIN trades up to $52K anticipating El Salvador's announcement.

Investors are beginning to realize the Fed is serious in its inflation fight. Recession is inevitable. Financial markets went up when central banks "printed" money. They are now taking money away, so markets go down.

China is a mess........big firms in the property sector defaulting on bonds, now a power shortage, cracking down (again) on crypto. I really wish china would go back to making artificial Christmas trees and cat toys and stop trying to dominate the world's financial system.

Looks like the race is on. ETH and gold. The bets are on ETH ultimately trading above gold. Bitcoin surpassed gold way back in 2017 and never looked back. It's ETH's turn.

The Saudis & OPEC are out to hurt the US economically. Wait 'til they turn their sights on the USD. Inflation is not dead. It's paused at an elevated level. The Easter Bunny brings colored eggs & candy, not inflation relief.

What's new? Actually quite a bit. Unlike last week when things were kid of dull, this week rocks. Take BITCOIN......having rested briefly just under $50K after shaking some longs out a few weeks ago, the buyers couldn't wait.

By Bill Taylor, Contributor/Fintek Capital We compare the price of Bitcoin, Ethereum, & Gold,...

By Bill Taylor, Contributor/Fintek Capital We compare the price of Bitcoin, Ethereum, & Gold,...

The same folks that started the fire (inflation, zero interest rates, lax oversight, etc.) are now having us believe they are the ones to put out the fire?? Really?