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The Taylor Report (11/23/21)
It's a holiday week here in the U.S. (Thanksgiving) which leads into the year end...........and, that means WHAT?.......UNCERTAINTY for sure......usually there are year end market rallies but not so sure this year.
The Taylor Report (11/16/21)
It's possible there is a HUGE psychological mood change going on....the passage of the $1.25T infrastructure bill is spooking investors...there is uncertainty over what exactly is in the bill concerning crypto taxes
Will Bitcoin Be Latin America’s “Euro?”
The first "radical" step in adopting a new currency took place just a few months ago when the country of El Salvador made Bitcoin legal tender. People may not remember but in January 2001, the very same El Salvador gave up control of its monetary policy, abandoned the fixed exchange rate and "dollarized" the economy, thus making the U.S. currency in El Salvador legal tender.
The Taylor Report (11/9/21)
THERE ARE FEWER AND FEWER PLACES TO INVEST. THE BEST SAFE HAVEN AND STORE OF VALUE IS BITCOIN. THERE IS A CAP ON HOW MANY (21M) WILL EVER BE CREATED. WHAT ELSE CAN SAY THAT?
The Taylor Report (10/26/21)
Finally, a BITCOIN ETF (actually two....so far) has launched..........ProShares and Valkyrie have each been approved to offer a BITCOIN strategy ETF......BUT using CME BITCOIN futures (they settle in cash).
The Taylor Report (10/19/21)
BITCOIN jumps up almost 10% (week on week) as SEC approves first BITCOIN (futures) ETF........BTC just under all time highs.........ETH in shadow of BTC still moves quietly up 8% (week on week)
The Taylor Report (10/12/21)
U.S default was averted.....for now......as "can" got got kicked down the road to December.......Halloween is coming and ......BITCOIN is in the midst of a year end rush to new BIG highs......BITCOIN popped up over 13%.
It’s Time, Gold. Bow Out Graciously.
Gold retires. Yes, it's true. After 5,000 years of impeccable service to global monetary development and stability, Gold announced its retirement. The world is grateful.
The Taylor Report (10/5/21)
Remember China was the big "new news" last week?.....not this week, all gone (or in remission).....with China's news banning cryptos out of the way, BITCOIN and ETH have a monster week.
The Taylor Report (9/28/21)
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.