Michael Kern

Safehaven

Contributor since: 21 Feb 2018

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• Capital One Fined Again For Money-Laundering Failure

  Published 19 January 2021 | viewed 4,035 times

  Capital One, the bank lately dominating the celebrity-featured advertising space in this industry, and claiming to have “reimagined” banking, has now been fined by the…

• Signal, Telegram Gain Ground As Social Censorship Breaks Headlines

  Published 15 January 2021 | viewed 5,144 times

  With Whatsapp under criticism for promising to share you data with owner Facebook, presumably more secure messaging apps Signal and Telegram are on fire following…

• Battle For Market Share Intensifies In COVID Streaming War

  Published 12 January 2021 | viewed 3,841 times

  Video streaming is one of the rare industries that benefited greatly from the pandemic, through lockdowns, stay-at home orders and remote work. However, a surge…

• NYSE Reverses China Company Delisting Plans … For Now

  Published 05 January 2021 | viewed 3,855 times

  In a confusing move for everybody, the New York Stock Exchange (NYSE) has scrapped plans to delist three Chinese companies it announced just four days…

• $30,000 Is The New $20,000 For Bitcoin

  Published 28 December 2020 | viewed 4,717 times

  Year-to-date, Bitcoin is up more than 275%, after it reached a record of over $28,000 this weekend, with volatility pushing it between $26,000 and just…

• Big Investors Are Dumping Gold For Bitcoin

  Published 26 December 2020 | viewed 5,651 times

  Back in September, alternative investment firm iTrustCapital reported doing brisk business at a time when the stock markets were floundering.  iTrustCapital, the leading investment platform…

• The Super-Rich Are Investing In “Pandemic Passports"

  Published 21 December 2020 | viewed 5,506 times

  People are flocking to the southern European island country of Malta--and it’s not for a beach vacation. For $1.3 million, wealthy people are buying the…

• The Billion-Dollar New York City Exodus

  Published 16 December 2020 | viewed 7,819 times

  During the Spanish flu of the early 20th century, people were fleeing big cities trying to escape the virus, just as the wealthy of London…

• Meet The COVID Vaccine Billionaires

  Published 13 December 2020 | viewed 4,918 times

  Many can't help but compare the ongoing pandemic to the 2011 American thriller "Contagion". Some even go as far as saying the movie directed by…

• 2021 Could Be A Huge Year For Chinese Stocks

  Published 03 December 2020 | viewed 4,809 times

  For 2021, if you want to make real money on your investments, make sure China features heavily in your portfolio.  That’s what strategist Paul Colwell,…

• Shadowy Brokers Target Easy TikTok Money In New Scheme

  Published 02 December 2020 | viewed 4,621 times

  TikTok may have gotten a reprieve from Trump’s shutdown order after the government said it wouldn’t enforce the move following a court ruling on an…

• Citibank Analyst Predicts $300k Bitcoin By End Of 2021

  Published 26 November 2020 | viewed 8,846 times

  Bitcoin has remained in the dog house ever since the mega-rally of 2017 that saw the bitcoin price rally from under $1,000 to nearly $20,000…

• Why 12 Million American Millionaires Isn’t Good News

  Published 21 November 2020 | viewed 6,152 times

  “This time next year, we'll be millionaires,” was the frequent catchphrase of Del Boy, the character of classic British Only Fools And Horses. Yet years…

• China’s Big Tech Takes A Hit As Regulators Crack Down

  Published 12 November 2020 | viewed 5,796 times

  Between Monday’s close and Wednesday, China’s tech giants had lost a whopping $280 billion in market cap as Chinese regulators make a desperate attempt to…

• Elon Musk’s $250 Tesla Tequila Is Already Sold Out

  Published 06 November 2020 | viewed 3,847 times

  Tesla introduced on Thursday Tesla Tequila, the latest merchandise Elon Musk has offered to his aficionados, and the US$250 a bottle tequila quickly sold out.…

• The Fin-Tech IPO Of The Century Just Got Crushed

  Published 04 November 2020 | viewed 7,681 times

  Chinese regulators on Tuesday officially suspended the much-awaited IPO of giant Ant Group in a move that was not at all expected, and ended up…

• Better Safe Than Sorry: 5 Alternative Investment Plays

  Published 02 November 2020 | viewed 7,011 times

  Even though stock markets are taking a beating as the ongoing coronavirus pandemic continues to rattle the economy, young investors are not scared. They’re still…

• Trump Loses Another Leg Of The WeChat Battle

  Published 27 October 2020 | viewed 8,144 times

  The Trump administration’s bid to ban Chinese social media platforms took another hit on Monday when the U.S. Court of Appeals in San Francisco ruled…

• Banksy’s Littered ‘Monet’ Sells for $10M

  Published 26 October 2020 | viewed 6,416 times

  The artwork of elusive British artist Banksy--the art world’s elite prankster--has hit yet another stunning milestone: Banksy’s reimagining of the French Impressionist Claude Monet’s water…

• Bitcoin Nears $13,000 As PayPal Joins The Crypto Fray

  Published 22 October 2020 | viewed 7,017 times

  The New Year will start with a bang for cryptocurrency as PayPal announces the launch of customer capabilities to pay merchants using digital coin. It’s…