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An Update on the Markets | Bob Klein of Medici Capital
Bob Klein · The stock market is stumbling higher struggling with heavy new supply of stock from stock sales by insiders and from new stock offerings by companies. Executives are rushing to sell to take advantage of the very elevated valuations. Sales of stock by insiders has never been hig ...
An Update on Gold | Bob Klein of Medici Capital
Bob Klein · On July 24th, gold hit a new all-time closing high in dollar terms, $1902, eclipsing the prior closing high in 2011. · (Some time ago, it hit an all-time high in all other major currencies.) · The catalyst this week was yet another $1 trillion stimulus package announced by the ...
The History of Ancient Chinese Money | Bob Klein of Medici Capital
Bob Klein · Stretching back over thousands of years, China has had plenty of time to refine their currency system. Over the years, the way that they have bought and sold goods has changed greatly. Like many other primitive societies, China started out with a bartering system where people tra ...
The Oldest Coin in History | Bob Klein of Medici Capital
Bob Klein · Nearly 2,700 years ago in the old city of Efsos, a wealthy merchant and trading town located in Hellenic Greece, an electrum coin with a lion’s head marking was struck from the back and pressed into the front. The beauty and value of electrum, a naturally occurring mix of gold an ...
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