At the time of writing, Bitcoin prices reached an all-time high of more than $17,200 dollars, whereas over the past few months the gold price remained close to $1,200 per troy ounce. Moreover, when we have a look at recent data from Google Trends, we can see that “buy bitcoin” has become a more popular search term than “buy gold”. Even the followers of former member of the U.S. House of Representatives Ron Paul (an avid gold bug) have shown in a recent poll on Twitter to prefer Bitcoin

I have written on multiple occasions about the US stock market overvaluation. Stock prices are high, too high, according to my analysis. The fact that the US stock market is overvalued is not a thing of the recent past. The US stock market has been overvalued for years. I had some fierce debates with other analysts who tried to prove me wrong. One of their often-repeated claims is that the US stock market is made up of a large share of technology companies, which tend to grow at a faster rate

The cat is out of the bag: last Thursday, president Donald Trump announced that he will nominate Fed-board member Jay Powell as Chair of the world’s most important central bank. After Trump kept the press and financial markets in suspense for weeks, just as if it were an episode of his hit series The Apprentice, he finally announced that he will nominate Jay Powell to replace current Fed Chair Janet Yellen as of February next year. What can we expect from Jay Powell in the coming years while the Fed attempts to normalize its monetary policy?