Coinbase - Are We Still Dating?
On Valentine’s Day, I talked with Jon Erlichman of Bloomberg about what tradeable instrument I would date and which one I would marry.
For the record, I said I would marry silver.
Lo and behold, silver perked up on Friday and closed with gains close to 3% and very near a potential major breakout.
For those who read the Daily, you know we have been expecting a pop in inflation between March and June.
If this rally in gold, silver, oil (longer term charts work well), and metal miners continue, this could be the start of a parabolic move.
Also on Friday, Holden Milstein, our crypto expert, Samuel Burke of Real Vision, and I sat down together to talk about all things crypto-including Coinbase, the stock.
Holden knocked it out of the park with his analysis on Bitcoin and Ethereum.
Here is a quote from Holden’s research:
“SOL is the largest altcoin in the market and it still is only about 1/8 Ethereum’s market cap. I’m not the first person to tout that SOL is faster, cheaper, and far more user friendly than ETH, and I personally believe that SOL will turn out to be the Apple of the crypto world thanks to how much the chain has catered to retail activities.”
On Coinbase COIN, I cover why it is a generational buy opportunity as the largest on-ramp platform for money to enter the crypto space.
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Disclaimer: The information provided by us is for educational and informational purposes. This information is based on our trading experience and beliefs. The information on this website is not ...
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