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April 26, 2018 | Global Pension Fund Crisis

Mike 'Mish' Shedlock

Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.

US facing anemic growth

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Archives April 26th, 2018

Posted In: HoweStreet.com Radio

2 Comments

  • Andrew says:

    You keep having financial “guru’s” on who have never traded a crypto currency in their lives. Pow (proof of work) coins such as bitcoin consume great amounts of electricity…post (proof of stake) do not. There are businesses behind many of them….like skyfchain which is involved in drone technology whereby they have a working prototype drone which can transport 400kg of cargo up to 350km by use of both internal combustion and electric engines in areas such as remote Russia where there are no roads, but an oil or gold mining company might need gear flown in which would cost 10x the price to do by helicopter. There is another company called populous which does invoice factoring, buying up invoices for 80% value, and token holders then bid on them…as a token holder you can make 5-10%/month.

    Check out the app ico bench, on android…where there are reviews for most crypto projects, among them many great businesses. Check also which projects the experts are involved in. This is the new form of crowdfunding…whereby companies can achieve $1-100 million in funding for their world changing tech based companies and start-ups, just skip past the payment processors, as they’relate fully saturated.

  • Andrew says:

    Pos (proof of stake) cryptocurrencies consume little electricity. * As for the total electricity consumed workdwide for mining….it”s my understanding that it”s roughly equal to ireland.

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