The biggest story in the cryptocurrency space has to do with Elon Musk. He started the decline last month by stating that Tesla Inc (NASDAQ: TSLA) would no longer accept Bitcoin as payment for its cars. And now, he may have ended its bear market by reversing that conclusion. According to CNBC, the Tesla CEO said on Sunday that the firm will return to accepting bitcoin transactions once it confirms there is reasonable clean energy usage by miners. This opens the door to salvation for the...
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Investor Alert: Positioning for the Looming Oil Shortage (CEI, HP, FANG, XEC, SBOW, MTDR, HES
According to the most recent report from the Energy Information Administration (EIA), US crude output is set to fall 230,000 barrels per day to 11.08 million barrels per day in 2021. The EIA also notes that US production will rise next year by 710,000 barrels per day to 11.79 million barrels per day. That sounds like a lot of oil. However, the economics of a commodity market consists of both Supply and Demand. Contrast those numbers with the other side of the equation: The EIA also predicts...
For long term investors looking for exposure to the booming green industry, MedX Holdings, Inc. (OTC US: MEDH) and Marijuana Company of America, Inc. (OTC US: MCOA) could light up your portfolio this year
According to recent research reports, the green industry is expected to more than double in value by 2025, and many investors are getting ready to ride the next green wave. As more U.S states and countries all over the world decriminalize or legalize the green substance, cannabis stocks may be the best investments you can make for the next 5 years. For long term investors looking for exposure to the booming green industry, MedX Holdings, Inc. (OTC US: MEDH) and Marijuana Company of America,...