Though Bitcoin is discussed as a decentralized currency, it behaves more like a speculative asset. Qualities of a good currency include:

  • stability compared to other major currencies
  • apolitical issuing authority
  • recognition and demand by institutions and people

Though Bitcoin is thoroughly “apolitical” and is recognized by individuals and governments alike, it fails on the stability metric. The Bitcoin/USD price shows tremendous volatility since about 2017, priced between a few hundred USD/bitcoin to over 50,000 USD/bitcoin since 2014. By comparison, volatility between the dollar and euro fluctuated only between 1.00 and 1.50 USD/Euro in the past ten years. Less stable currencies…


If you haven’t noticed, the price of gold is on the rise again and some investors have already taken notice. The main reason for this is the threat of inflation is back, after being dormant for many years.

Inflation in a Nutshell
Inflation occurs when the dollar (or any other currency) decreases in value, making goods and services more costly. It can be unleashed when central banks such as the US Federal Reserve stimulate the economy excessively on print too much money. It is considered by many pundits to be a great wealth destroyer.

Inflation last reared its head in…


Investment in gold is on the rise due to the constant changes in economies and the volatility in the stock and commodities market. Gold is often regarded as a safe investment option compared to other investments due to its rapid value growth. However, it could result in a loss-making activity if an individual isn’t well informed about the investment.

The following are helpful insights of things investors should be aware of before investing in gold.

1. Gold Holds its Value

Unlike stock and commodities investments, gold tends to hold its value during market instabilities. …


The past few years have seen an immense expansion in cryptocurrencies globally. More people are gradually gaining interest in the cryptocurrency market, and cryptocurrency firms continue to gain a more remarkable customer base globally.

2020 is, by far, the year where cryptocurrency platforms marked a record high, with the onset of COVID-19. Such firms include Ripple, whose price marked a double increment in November 2020 alone. Ethereum (ETH) is also among the platforms that have grown massively in 2020. In recent weeks, Ethereum hit $597, a historical high since mid-2018. …


The gold market still has a lot of support from alternative investors, and even this last year, there was a lot of optimism to be had for it. But now, there are more question marks and a bit of skepticism with all the events of late 2020 coming to a head leading into next year.

It has been quite a year for the gold market, with the precious metal reaching a record high of $2,075 per ounce, yet only to drop after the COVID vaccine was announced. …


The past few years have seen an immense expansion in cryptocurrencies globally. More people are gradually gaining interest in the cryptocurrency market, and cryptocurrency firms continue to gain a more remarkable customer base globally.

2020 is, by far, the year where cryptocurrency platforms marked a record high, with the onset of COVID-19. Such firms include Ripple, whose price marked a double increment in November 2020 alone. Ethereum (ETH) is also among the platforms that have grown massively in 2020. In recent weeks, Ethereum hit $597, a historical high since mid-2018. …


When cryptocurrency was introduced, most of its early adopters were from within the dark web. As a result, many businesses may view bitcoin as a bit unethical and abstain from using any form of cryptocurrency. Despite being unregulated, it is a safe payment method with some benefits over traditional forms of payment.

Fintech firms such as Square and PayPal have moved into cryptocurrency, which is currently booming. The majority of their clients have found it easier to buy and participate in cryptocurrency exchange. Companies that have also adopted cryptocurrency are enjoying the following benefits:

1. Instant Payments

Payment involving brokers or banks can…


The spread of Covid-19 has brought about considerable economic uncertainty. The mining sector is no exception in the recent global market failure that has got every asset class takes a bath due to the Pandemic. There’s panic from investors who flock to buy safe-haven metals like silver to gain protection from volatility during times like these. Using the S&P Global Market Intelligence, it is possible to determine how the Silver market has evolved amidst the crisis.

Demand for Silver

There was a 2% reduction in the total demand to 1035.1 million oz. in 2019. The decline was due to a…


In my previous blog post, I began explaining the correlation of today’s events with the biblical prophecies of Revelations. In that post, I left off on the first seal that was broken. The first horseman of the apocalypse was the Coronavirus. Now, let’s continue with the second and third seals.

The second seal was broken on Pentecost. May 31st. Biblically, Pentecost is when the later church descended. The second horseman with the red horse was described in Revelation 6:4. “And out came another horse, bright red. Its rider was permitted to take peace from the Earth, so that people should…


Previously, I predicted that something epic would happen on September 18th; while I did not know what would happen, I knew it would be a significant event. Low and behold, September 18th’s epic event was the death of Supreme Court Justice Ruth Bader Ginsberg. Now the United States is short one judge. That delineates what will proceed going forward because that Supreme Court Justice will change the future events. So when that position is filled, you will find that the things that have been holding the world back, which are an abomination to God, will be changed directly relating to…

Bo Polny

Based out of Newport Beach, CA, Bo Polny is a cycles timing analyst specializing in the cryptocurrency and precious metals markets. Learn more @ bopolny.net.

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