bitcoin
5 Things to Know in Investing This Week – The Close the * Door Issue
The Close the * Door Issue: We saw the most entertaining press conference by a Federal Reserve Chairman in decades. Jerome Powell “surprised” Wall Street by saying exactly the same thing he’s been saying for almost two years, then got caught on a hot mike wanting to shut the door on badly-behaved protesters. A Treasury … Read more
DKI October Subscribers Meeting with Jesse Myers of Onramp Bitcoin
Gary Brode of DKI talks with Jesse Myers of Onramp Bitcoin We’ll discuss: – How much Bitcoin should you own if you don’t fully understand it. – Why and how to self-custody. – Will the SEC approve Bitcoin exchange traded funds like $GBTC. –Why it’s almost impossible to change the total Bitcoin issuance of … Read more
Portfolio Update – A Rumor on Two Names
Deep Knowledge Investing originally recommended buying Bitcoin and the Grayscale Bitcoin Trust ($GBTC) in late 2020 when Bitcoin was around half the current price. In June, when Blackrock, Fidelity, and several other huge institutional firms filed for Bitcoin ETFs (Exchange Traded Funds), we bought more $GBTC and re-recommended the position. Our thinking on that … Read more
Deep Knowledge Investing Featured on The Last Trade
I was pleased to be the guest host for last week’s episode of The Last Trade. We discussed Sovereign debt problems, the dangers of holding only fiat, gold, energy, and Bitcoin. Check it out here:
Big Institutional Firms File for Bitcoin ETF
This is an excerpt from the DKI July letter: When DKI recommended buying Bitcoin a couple of years ago at half the current price in dollars, part of our thesis was the coming institutional acceptance of the asset. We hypothesized that even small percentage allocations from firms managing trillions of dollars would overwhelm Bitcoin … Read more