Venture Society

04/13/2021

Bitcoin Blasts Through $60K as Crypto Wallet Coinbase Goes IPO Tomorrow

The digital age is upon us, folks. Bitcoin shot through the $60,000 barrier to post a new all-time high of $63,728 just moments ago. And just so you know how insane this move is, I have had to edit that last sentence three times since I began writing. Source: Bloomberg […]
04/09/2021

Introducing ‘The Jimmy’ and Where Gold is Headed Next

Today I want to share what I call “The Jimmy”. One of my favorite people in the world is Jim O’Rourke. He is great in every way and my earliest mentor in the business. He’s someone I’ve learned a tremendous amount from. I admire everything about this great man. A […]
04/08/2021

Market Masters: FAANG Stocks Are Back, Headed for Another Green Jacket

I love this time of year. Temperatures are warming up, Cherry Blossoms are blooming in D.C. and the greatest golf tournament in the world is just getting started. Granted, I might be a little biased — my birthday is on Monday — but some of my favorite childhood memories center […]
04/06/2021

Ripple Effects: Crypto Market Cap Blasts Over $2T in Regulatory Shadow

Although Bitcoin prices cooled off somewhat after hitting the $60,000 mark for the third time in the past month, other cryptocurrencies have been blasting off lately. Some of that news has centered on Ethereum, the second-largest coin by market cap, which has quadrupled since December.  But Ripple (XRP) — dogged […]
04/02/2021

Inflation Trick: The Indicator That Actually Matters

The outcome leaves you baffled and confused… No matter the language or culture, magicians have performed sleight of hand tricks to wow audiences around the globe for centuries. The magician’s goal is to reveal a chosen reality to the audience, while concealing the real methods and actions that bring the […]
04/01/2021

Opening Up and Breaking It Down: Here’s What Matters in Biden’s $2T Infrastructure Plan

Wow, today’s headlines were all over the map. CNBC ran headlines that literally said that the March jobs report was going to be great, followed by a line saying jobless claims were higher than expected. Source: CNBC Which is it? It’s definitely not both. Meanwhile, the genius journalists at Bloomberg […]
03/30/2021

Here’s What the Suez Ship and the Archegos Fund Implosion Really Mean To Markets

In the Venture Society article from March 25, I tried to make a principled point. I recognize that financial news media does provide a service — specifically, delivery of real-time market information. But when it comes to any analysis that requires real subject matter expertise — like supply chain logistics […]
03/26/2021

Coal’s Curtain Call: How Much Money is at Stake to ‘Go Green?’

This pie is huge… And there will be a piece for everyone. The Green New Deal is a congressional resolution that lays out a framework for weaning the United States off fossil fuels and lowering greenhouse gas emissions. The end goal sees the United States sourcing all of its electricity […]
03/25/2021

New York Is Legalizing Cannabis. These Two Stocks Are Set to Rip

New York state legislators finalized a deal Thursday morning that will legalize recreational marijuana. I can’t even begin to describe how huge that is for the industry. For starters, it unleashes a potential $4.2 billion dollar industry on the country’s largest urban market.  But more importantly, it’s going to create […]
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