Tim McMahon

Work by editor and author, Tim McMahon, has been featured in Bloomberg, CBS News, Wall Street Journal, Christian Science Monitor, Forbes, Washington Post, Drudge Report, The Atlantic, Business Insider, American Thinker, Lew Rockwell, Huffington Post, Rolling Stone, Oakland Press, Free Republic, Education World, Realty Trac, Reason, Coin News, and Council for Economic Education.

Crypto Goes Mainstream

Crypto Goes Mainstream

A lot is happening in the cryptoscape both from a regulatory and an innovation standpoint. Crypto has the potential to revolutionize the world as much as the Industrial Revolution, transistors, computers, or the internet did. And it is still in its infancy. But it is still possible for regulations to try to strangle the infant in its crib. But if that happens in one country, the innovation will simply move somewhere where it is appreciated.  This could be devastating for the economy of any country that gets this wrong and tries to stifle innovation. 

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BTC-ROC-5-24

Applying the ROC to Crypto

Our ROC system is very good at spotting major turning points in the market. So this month we adapted it to look at Bitcoin and Ethereum. While doing this we changed the look of how we do ROC, so we will be adapting the regular ROC charts to the new style as well. The advantage of this new look is that you can see the underlying index at the same time, so you can see exactly where the various signals kicked in and how it evolved from there. Also, I think the new look is much cleaner and less cluttered.

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Crypto Scams and Opportunities

The Modern Day Wild West: Crypto Scams And Opportunities

We’ve all heard that the Crypto landscape is much like the “Wild West” with very little regulation. But along with risk comes opportunity. One of the reasons the “Wild West” was so wild was because “Boom towns” would spring up in the middle of nowhere due to the discovery of gold nearby. The gold would attract not only hard-working prospectors and pioneers, but also promoters, grifters, and outright crooks. Sometimes a “Lawman” such as Wyatt Earp would show up and try to enact some sort of system of Law and Order.

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Bitcoin- BTC

Crypto 2.0, A Whole New Ballgame

It turns out that Crypto is much more than just Bitcoin. In October 2008, when a person (or anonymous group) named Satoshi Nakamoto created the code for Bitcoin it opened the door to more than just a currency. It introduced the concept of a “Blockchain” to the world. Since then there have been literally thousands of Cryptos created, most of which ended up totally worthless. Some were simply jumping on the Blockchain bandwagon, just as companies added “.com” to their name back in the Dot com mania of the 1990s, people began creating mostly worthless cryptos in the 2010s. But not all the cryptos were worthless. Some were new currencies but others were new and innovative ways to use blockchain.

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Gold- Barbarous Relic?

The Barbarous Relic Rides Again

 Gold has shown some resiliency in 2024. Recently, John Authers at Bloomberg published the following comparison of gold vs. the S&P 500. With all the hype around the magnificent gains in the stock market you might think that it has massively outperformed gold. But currently, one ounce of gold buy the same number of shares of the S&P 500 as in 1971 when Nixon severed the link between gold and the dollar.

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Argentina Inflation 12-2023

Argentina Mulls Dollarization- What is it?

As the new President of Argentina mulls the idea of dollarization to reduce Argentinian inflation we look at “What is Dollarization? ” and “Will it help Argentina?”.
According to Reuters, “Argentina’s annual inflation rate hit 161% in November… the monthly inflation was rate 12.8% in November alone”. Argentina’s new President Javier Milei campaigned on the promise of fixing Argentina’s economic crisis, and on Tuesday his government announced a more than 50% devaluation of the local peso currency plus sharp spending cuts. One of Milei’s ideas for reducing inflation is “Dollarization”. So, what is Dollarization? And how does it work?

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Israel vs Palestine

Could a Hamas vs. Israel War Trigger a Worldwide Recession?

According to a recent article by Bloomberg entitled, Wider War in Middle East Could Tip the World Economy Into Recession, it is a distinct possibility. The article presents 3 possible scenarios, i.e., Confined War, Proxy War, and Direct War. Confined War Scenario In the confined war scenario conflict is limited to Gaza, Israel, and the Palestinian

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Jordan Peterson on China's Social Credit System

The Crux of China’s Problems

China is risking more than a real estate collapse. China has turned its back on what created the Chinese Economic Miracle in the first place. Everyone is pontificating about China’s real estate bubble and whether Chairman Xi will do enough to stimulate the economy. Even though the media admits that so far a loose monetary policy hasn’t helped, they still believe that more of the magic cure-all monetary elixir will somehow eventually work.

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NYSE Weekly 4-26-23

Big Move Coming in Stocks

The stock market appears to be approaching an “inflection point.” Mr. Market is going to have to make up his mind… whether this is going to turn into a bullish or bearish market. At this point, it could still go either way, but the big caveat is that when it moves, the move will probably be dramatic. Looking at the following chart, we can see the two blue short-term support and resistance lines are forming a “pennant” formation. Generally, when that happens, it is like a spring being coiled up as the index gets compressed into the two lines. When it finally breaks free in one direction or the other, it is often explosive.

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Inverted Yield Curve March 2023

Stock Market Outlook – March 24, 2023

Today Chris Ciovacco of Ciovacco Capital Management looks at the market situation in light of the bank failures. First up is the Inverted Yield Curve. We can see that it originally inverted in July of last year, when short-term interest rates moved higher than long-term rates. From there it moved steadily lower before rebounding earlier this month. So although it is still inverted it is not anywhere near as bad as it was just a few weeks ago.

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