Tom Kool

Writer, Safehaven.com

Contributor since: 21 Mar 2018

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• Learning From Buffett’s $11 Billion Mistake

  Published 01 March 2021 | viewed 5,687 times

  The rule of thumb is that when Warren Buffett makes a market move, others listen and follow due to his outstanding investing performance. However, every…

• Luxembourg’s Ultra-Secrecy Still Attracts Hundreds Of Billionaires

  Published 10 February 2021 | viewed 4,202 times

  Back in 2014, an investigative journalism agency leaked a total of 548 favorable tax rulings that multinational companies obtained in Luxembourg in the period from…

• Bitcoin Could Be Worth $12 Trillion In The Long-Term

  Published 08 February 2021 | viewed 7,157 times

  Another day, another Bitcoin value prediction. Yet, these days, nothing seems unrealistic.    Just a few months ago analysts were debating whether Bitcoin would pass the…

• Super Bowl Regulars Ditch Top Commercial Slots This Year

  Published 28 January 2021 | viewed 4,116 times

  The latest victim of the pandemic is the Super Bowl. This year’s Super Bowl, scheduled for next month between Kansas City Chiefs and the Tampa…

• Tesla’s China Strategy Is Yet Another ReasonTo Double Down

  Published 06 January 2021 | viewed 4,747 times

  Tesla is shaking up the competition once again with the release of its new ModelY in China for a lower-than-expected price that’s reportedly causing a…

• Tesla Stock Come Down To Extreme Bulls And Bears

  Published 09 December 2020 | viewed 3,711 times

  More than 670% jump in Tesla shares this year has boosted Elon Musk's net worth from $27 billion to $155 billion, making him the second-wealthiest…

• Black Friday Could Be Retailers’ Only Hope

  Published 11 November 2020 | viewed 5,368 times

  This year, with COVID-19 and social distancing efforts lending a wild boost to an already flourishing online shopping arena, Black Friday will be less about…

• Bitcoin Heads Towards $16,000 And No One’s Cashing In

  Published 07 November 2020 | viewed 8,066 times

  Bitcoin has soared by more than 10% in the past two days, overtaking the $15,000 mark for the first time since January 2018, with experts…

• Holiday Spending Already Soaring Amid Pandemic

  Published 29 October 2020 | viewed 6,101 times

  If Joe Biden is elected, “Carson City will become a ghost town and the Christmas season will be canceled,” U.S. President Donald Trump said earlier…

• DOW Plunges Amid WInter COVID-19 Surge Fears

  Published 26 October 2020 | viewed 6,150 times

  The Dow Jones Industrial Average traded as much as 800 points lower today before paring a small portion of those losses after the U.S. hit…

• Tesla Tumbles After Battery Day Fails To Impress

  Published 23 September 2020 | viewed 4,831 times

  America’s largest electric vehicle manufacturer, Tesla Inc. (NASDAQ:TSLA), held its much-ballyhooed Battery Day on Tuesday where CEO Elon Musk promised, among other things, cheaper and…

• How The Stock Market Predicts Electoral Victory

  Published 21 September 2020 | viewed 4,419 times

  The markets would love more than anything to be able to predict whether Trump or Biden will win the elections in November, but with more…

• Why The S&P 500 Snubbed The Most Valuable Car Company In The World

  Published 08 September 2020 | viewed 9,706 times

  The S&P 500 is an exclusive club of the 500 biggest companies by market cap on the NYSE or Nasdaq, and the inclusion Friday of…

• Apple May Be Worth $2 Trillion, But Its Payment Monopoly Is Under Fire

  Published 25 August 2020 | viewed 4,122 times

  Apple is one of the most thrilling stories of the year as it trounces tech, gaining some 400% this year, reaching a valuation of $2…

• Uber, Lyft Threatening ‘Strike’ As California Crushes Ride-Hailing

  Published 18 August 2020 | viewed 8,966 times

  Ridesharing giants Uber and Lyft are threatening to shut down operations in California this week until November in response to the state’s sweeping labor bill…

• 3 Stocks To Watch On Monday Morning

  Published 16 August 2020 | viewed 7,865 times

  Friday was a breakeven day on the markets, with U.S. retail sales for July coming in below Wall Street's expectations and shaving points off the…

• Don’t Bet On An Airline Recovery Just Yet

  Published 20 July 2020 | viewed 3,513 times

  Once the pandemic is over many industries will surely recover, but the travel--and the airline segment in particular--will be doing it at a pace that…

• BlackRock Makes A Run On Asian Stocks

  Published 08 July 2020 | viewed 4,376 times

  Now that BlackRock has largely taken over Wall Street, whispers from its corridors are heavily weighted, and the latest two are troubling: It’s downgrading U.S.…

• Luxury Clothing Isn’t A Priority As Americans Grapple With COVID-19

  Published 25 June 2020 | viewed 10,110 times

  There's nothing like a global pandemic to put fashion into perspective. It’s simply not fashionable to be fashionable anymore.  Among the many ways the COVID-19…

• A New Trade War Will Send Gold Even Higher

  Published 19 May 2020 | viewed 19,331 times

  Gold is another bender as of Friday amid clearly heightened tensions between the United States and China--tensions that the precious metal bulls are expecting will…