Author: Henry Barnard

I am a voracious reader and also enjoy writing. I often have a very different point of view than the popular one. I do see value in debate, and thought it might add to the public debate on controversial issues if I were to express my contrarian opinions. I also started keeping my poems recently (I've written little pieces my whole adult life but never kept any); and I've been a photographer now for over 25 years. So I will be adding an occasional poem and hopefully interesting photograph to the blog along the way, just to spice things up.

Bitcoin Breakout?

I think Bitcoin may make one of its huge up moves soon. Could be like what happened in 2017. Central banks around the world are diluting (as in trashing) their fiat currencies, while Bitcoin just had its 4 year halving, i.e., there are fewer Bitcoins now than before, so Bitcoins are becoming rarer just as debased fiat currencies are increasing exponentially.

Bitcoin has been in a huge consolidation pattern for some time now. The general view on such long consolidations is that when the breakout occurs, it will be very big, whether to the downside or the upside. Given the situation with central banks, I’m betting upside. Of course I have no crystal ball, and all of this is mere conjecture.  But if Bitcoin breaks to the upside, I’m all over it. The move in 2017 was parabolic, a rocket that went straight up — in just 60 days.  No sellers, all buyers, to the moon — that was 2017.  Will it happen again?

If it breaks above 12,000, we are off and running.

Short Strangle Strategies

 

Max Lunacy

Democrat mayors who hate their police departments.  That’s about as crazy as it can get.  What you see in New York City and many other cities with Democrat mayors.  Half a million residents have left NYC, and the exodus is just beginning.

Democrat mayors should write a manual on how to ruin a city.  Beware if your city elects one.

Tale of Two Cities

 

Prez

I remember all the talk about how dangerous Trump would be for the country before he was actually elected.  None of that turned out to be true.

But I do think if this Democratic ticket takes over the White House, especially if the Democratic Party controls both houses of Congress, that would represent a real danger to the stability of the country.  All bets would be off.

For one thing, the stock market would collapse, and a real depression would follow suit.  This time, no one would believe the Federal Reserve could sugar coat the problem — no more pulling the rabbit out of the hat, no more voodoo economics.

You don’t want to be invested in the stock market when and if the Dems win in November.

Biden