Monday Link-Wrap

Here’s stuff I read about today: This Bloomberg analyst thinks the Fed already made a mistake by not starting its rate hike earlier. I agree, and I’ve been vocal about how the Fed should’ve raised since late last year, but hopefully, it’s not too late. After all, the spectre of inflation has been touted for […]

#BitcoinReads: ISIS has $3m worth of Bitcoin

During my #BitcoinReads today, I ran into some interesting information. Apparently ISIS, the terror group behind the recent Paris attacks has been using Bitcoin and other cryptocurrencies in their money laundering activities, amassing an estimated Bitcoin wallet of $3million (which amounts to approximately 9,000 Bitcoins). The claim was made by Jennifer Shasky Calvery, Director of […]

Valero Crushes Earnings, Dangote for the Win, and Nigerian Oil Wahala

I recommended Valero back in February¬†and since then, I’ve been picking up their stocks, along with Chevron and ExxonMobil. Well, their last quarter reports came in a few weeks ago, and the absolutely crushed everything in sight. Earnings in the 2nd quarter of 2015 increased by over $1billion compared to previous year, due to “higher […]