Is Bitcoin a safe investment? David Fischer of Landmark Capital joins Kevin McCullough to discuss this and a few other economic news items.
Is Bitcoin a Safe Investment Considering it’s Been Hacked in the Past?
Listen to “The Kevin McCullough Show – Is Bitcoin a Safe Investment?” on Spreaker.
Show Notes:
David appears at @ 39:50
– Tax reform passed the Senate which will go into reconciliation with the House to finalize the bill before it goes to President Trump to sign it.
– Impact of the bill: David thinks the Dow will reach 25,000 in reaction. Thinks it won’t impact the market too much as the market was on fire before it passed.
– Bitcoin is having its own bull market. Investors should be cautious since it’s a new system and is still developing as a stable currency as it deals with hacking issues.
– The debt ceiling is up for debate on Dec 8th. Government has to come to terms to raise the ceiling or else it will get shut down.
– Year end discount on precious metals as wholesalers are discounting their prices. Contact David to take advantage.