Alex Kimani

Writer, Safehaven.com

Contributor since: 26 Feb 2018

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Biography

• Why The Crypto Market Has Lagged In 2018

  Published 21 August 2018 | viewed 3,346 times

  The cryptocurrency shakeout is well upon us. The crypto market has crashed spectacularly from its January highs, managing to retain just a quarter of its…

• Police Bust China’s Largest Bitcoin Hacking Scheme

  Published 21 August 2018 | viewed 6,395 times

  In June, a Federal Trade Commission (FTC) commissioner made a bold and chilling prediction. The trade watchdog's Bureau of Consumer Protection revealed that consumers had…

• Gold Is Up But Bears Still Have The Advantage

  Published 20 August 2018 | viewed 4,447 times

  Gold prices have soared in early Monday trading, and are now poised for the biggest one-day pop in August. December gold futures(GCZ8) were up $11.96,…

• Uber Falling Victim to Investors’ Short-Term Thinking

  Published 20 August 2018 | viewed 7,316 times

  Public companies are notorious for something behavioral finance experts like to call ‘Quarterly Capitalism’ i.e. a myopic focus on short-term performance and returns to the…

• Turks Flock To Safe Haven Assets As Lira Plummets

  Published 18 August 2018 | viewed 3,778 times

  Economic and financial crises have a way of making investors appreciate the role of gold as a safe haven asset. Although this tends to be…

• Did North Korean Hackers Just Steal $13M From Global ATMs?

  Published 17 August 2018 | viewed 9,199 times

  Three days ago, the FBI warned of a potential ATM hack that could hit bank accounts in locations far and wide in a ‘cashout’ attack…

• Asian Tech Stocks Rebound After A Tough Week

  Published 17 August 2018 | viewed 2,245 times

  After a red market week for Chinese tech stocks, trading finally jumped across the board Friday on yet another potentially short-lived prospect of a resolution…

• Sealing Off The North Korea Smuggling Loophole

  Published 17 August 2018 | viewed 2,420 times

  In February, the Trump administration announced the heaviest sanctions ever against North Korea in an attempt to rougue nation from further developing its nuclear program.…

• Brexit Woes Weigh On The British Pound

  Published 16 August 2018 | viewed 7,498 times

  The pound sterling concluded Wednesday trading in negative territory, dropping for the 11th consecutive day against the U.S. dollar. That marked the longest losing streak…

• Turkish Lira Bounces Back After Qatar Bailout Pledge

  Published 16 August 2018 | viewed 7,967 times

  The Turkish lira is enjoying one of its best days in more than year after jumping 7.2 percent against the dollar in Wednesday trading. The…

• What Happens If Tesla Goes Private?

  Published 16 August 2018 | viewed 3,987 times

  Tesla may currently be experiencing the single most important moment in its 15 years as a company. The investing universe has been left gobsmacked after…

• The Two Trillion Dollar Markets Amazon Hasn’t Conquered

  Published 15 August 2018 | viewed 2,962 times

  President Donald Trump once tweeted that Amazon Inc. (NASDAQ:AMZN) was putting thousands of retailers out of business. Although his polemic might have been motivated by…

• Bitcoin Could Challenge Gold As Major Asset Class

  Published 14 August 2018 | viewed 6,117 times

  Hedge funds have gained an almost mythical status in the investment world over the past two decades. Estimates suggest there are more than 15,000 hedge…

• Tech Giants Charge Deeper Into $8 Trillion Healthcare Industry

  Published 14 August 2018 | viewed 4,545 times

  The healthcare industry is facing daunting challenges. Demand for accessible care continues to outstrip available resources, costs are skyrocketing, and healthcare companies are unable to…

• Why Gold Investors Should Ignore The Swings

  Published 12 August 2018 | viewed 4,116 times

  There’s an old maxim in trading pits that says they don’t ring a bell at tops or bottoms. Although it literally refers to the opening…

• Stock Buybacks Poised To Eclipse $1 Trillion

  Published 11 August 2018 | viewed 2,723 times

   “It’s raining stock buybacks on Wall Street,” as CNN’s Matt Egan aptly puts it. It’s about a week since Apple Inc. (NASDAQ:AAPL) pulled off a…

• Google Accepts Chinese Censorship For Big Payout

  Published 10 August 2018 | viewed 2,557 times

  In 2010, leading search engine Google finally threw in the towel on China, beating a hasty retreat after operating in the country for only a…

• Gold Demand In Iran Hits Record Levels

  Published 10 August 2018 | viewed 4,597 times

  The first round of American sanctions against Iran began this week following a 90-day wind-down period, with the second round to hit in November following…

• Emerging Markets Hit Hard By Fed’s Trillion Dollar Experiment

  Published 09 August 2018 | viewed 12,066 times

  The era of quantitative easing (QE)--where the Fed used trillions of dollars created out thin air to purchase vast sums of U.S. Treasuries and mortgage-backed…

• Smart Money Moves Into Risky Territory

  Published 08 August 2018 | viewed 4,349 times

  Greed rules the markets once again. In July, the idea that smart money was awash with fear and greed appeared to have been banished. You…