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There’s a staring contest going on in the global oil markets right now. On the one side is the Russia-OPEC alliance. On the other is U.S. oil producers. You can get crushed if you get caught...
One-in-four Americans observe Lent. Most who do, give up something, like a favorite food or beverage. One Good Friday many, many years ago when I was a young and mischievous boy, I suggested to...
I could think of lots to spend $664,000 on if someone handed it to me today. A parking place is not one of them. But apparently, Kwan Wai-ming is cut from a different cloth. The executive...
In Saturday’s column, we talked about why President Trump’s decisions on trade tariffs and security are good for gold. You can read it here: “Cry Havoc! And Grab Gold.” Last week, we saw gold...
“Cry havoc! And let slip the dogs of war!” — Mark Antony in William Shakespeare’s play Julius Caesar. The U.S. is gearing up for war on multiple fronts: the trade front and actual, physical...
Bitcoin is likely to become the online equivalent to gold, according to a billionaire investor. Peter Thiel was at the Economic Club of New York last week, talking about cryptocurrencies. As the...
Sure, 2017 was a good year for the stock market, but it was a really amazing year for Bitcoin and other cryptocurrencies. The S&P 500 rose 21.4%. Bitcoin soared 1,403%. Yup, 64 times better than...
Just over a decade ago, one of the first major dominoes in the mortgage crisis toppled. The venerable Wall Street brokerage firm Bear Stearns collapsed, forcing the government and Federal Reserve...
The world’s financial authorities were widely expected to propose tough regulation for cryptocurrencies at their G20 meeting this week. Instead, they surprised cryptocurrency investors by doing...
It happened. A self-driving car has killed a pedestrian. Skeptics are calling for development to end. According to reporting from ABC News, Elaine Herzberg was struck by an Uber autonomous SUV...