Gold’s Long Term Prospect Is “Up, Up, Up”

Gold’s Long Term Prospect Is “Up, Up, Up”

$GLD, $XAU, $BTC, $USD Investment guru, Mark Mobius, gave a blanket endorsement to buying gold, saying accumulating bullion will reap long-term rewards as leading central banks loosen monetary policy and the rise of cryptocurrencies serves only to reinforce demand for genuinely hard assets. “Gold’s long-term prospect is up, up and up, and the reason why […]

F1 Drivers: The Richest, Ferrari, MercedesAMG and the Rest

F1 Drivers: The Richest, Ferrari,  MercedesAMG and the Rest

$RACE F1 is one of the richest sports in the world and F1 drivers get paid handsomely, with salaries rivaling some of the richest athletes in the world. World Champion Lewis Hamilton’s net worth is around $280-M, 4X champion Sebastian Vettel’s net worth is around $55-M, while Australian driver Daniel Ricciardo’s net worth is around […]

The Purpose of Cryptocurrency

The Purpose of Cryptocurrency

The Purpose of Cryptocurrency $BTCUSD For many Bitcoin (BTC) is and has always been a mystery. There is no such thing as a Bitcoin “coin”. It is shown as a coin because that’s a useful analogy. It is an Encryption Key, 1 of roughly 21-M answers to an intricate computer puzzle, that can only exist on […]

US Household Net Worth Hits Record $92.8-T

US Household Net Worth Hits Record $92.8-T

US Household Net Worth Hits Record $92.8-T A Federal Reserve report released Thursday showed US household net worth soared to a record $92.8-T in the last Quarter of Y 2016, fueled by an end-of-year surge in stocks and a steady climb in home prices. The Federal Reserve’s Quarterly financial accounting showed the biggest contributor to […]

World’s Top 10 Billionaires Have Combined Net Worth of $582-B

World’s Top 10 Billionaires Have Combined Net Worth of $582-B

World’s Top 10 Billionaires Have Combined Net Worth of $582-B $MSFT, $BRK.A,  $AMZN, $FB, $TSLA Microsoft’s (NASDAQ:MSFT) Bill Gates tops a soon-to-be-released list of the world’s Top 10 billionaires at $89.3-B, followed by his friend Warren Buffett (NYSE:BRK.A) at $73.5-B. The Top 10 billionaires, 9 from the United States, 1 from Spain have a combined net […]

Hong Kong Billionaires Top the World’s List

Hong Kong Billionaires Top the World’s List

Hong Kong Billionaires Top the World’s List $AMC Over 50% of the Hong Kong billionaires ranked among the world’s 500 richest people derive their fortunes from property, controlling $119-B in total net worth. Property moguls from the US, a country with more than 40X HK’s population and almost 9X the representation on the Billionaires Index are […]