An Overheating Feedback Loop

Clashing Over Saylor, Strategy, And Bitcoin's Biggest Risks Submitted by QTR's Fringe Finance Sometimes the best conversations happen after an argument. That's exactly what unfolded this week when I sat down with fund manager Larry Lepard for a discussion that almost never happened. After disagreeing earlier in the week over my criticism of Michael Saylor, Strategy, and the company's evolving Bitcoin strategy, we decided to hash it out publicly in a podcast/debate. Stupid thing to get in the way of a friendship, right? The result wasn't a shouting match. It was a substantive debate...

From Cash To Trash, Rinse And Repeat Authored by Frank Giustra, The Continental dollar, born in 1775, was meant to finance the colonies’ fight against Britain—the American Revolution. What it actually financed was a masterclass in how quickly a currency can evaporate when it has no anchor, no credible backing, and no one willing to stop the printing presses. Hundreds of millions of Continental notes were issued with nothing but the promise of future redemption in gold or silver—which the colonies did not possess in sufficient quantity.  As wartime expenses mounted and the conflict dragged on, the colonies’ solution was a time-honored tactic. Just dig yourself a deeper financial hole by printing more currency. When...

The US opposes Oman maintaining relations with Iran and wants Muscat to pick a side in the conflict. Omani neutrality has allowed Muscat to act as a mediator in the region.  The Wall Street Journal reported on Monday that American and Arab officials said the White House views Oman’s neutrality as a threat. Oman’s position […]