I get depressed when I see Bitcoin headlines like these:
- Bloomberg – Even China Can’t Kill Bitcoin
- ZeroHedge – Good As Gold (Again)? Bitcoin Soars To New Record Highs
What is Bitcoin?
You know you are in a bubble, when traders are bidding up a fake asset like Bitcoin. How will it end?
- Business Insider – A leading economist explains why bitcoin isn’t money
No stock picks today – none of my go to stock screens are producing any reasonable candidates. I can’t get excited about a stock that is no longer 50% overvalued, because it fell 1% and is now 49% overvalued.
Best read of the day:
- Sovereign Man – The US stock market is highly overvalued. Here’s why…
Extra – I suggest we all start this Friday early!
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