Smart Money

Could Trumps 100 Days of Failure Lead to Military Coup?

1 month ago John Abercrombe Comments Off on Could Trumps 100 Days of Failure Lead to Military Coup?
“On Nov. 8th, Americans will be voting for this 100-day plan to restore prosperity to our country, secure our communities and honesty to our government. This is my pledge to you,” Trump vowed in Gettysburg late last year – a few weeks before this proud & mighty nation went to the polls. Called “Donald Trump’s Read More

More Republican States Support Trumps Travel Ban

1 month ago John Abercrombe Comments Off on More Republican States Support Trumps Travel Ban
President Donald Trump’s travel ban on citizens of six nations faces its second challenge at a U.S. appeals court next month, this time more Republican states are backing the measure. Trump has denied all responsibility for his actions as President of the United States, as he had no idea it would be so difficult. Sixteen Democratic state attorneys Read More

JP Morgan Chase Don’t Care About Global Crisis

2 months ago John Abercrombe Comments Off on JP Morgan Chase Don’t Care About Global Crisis
The Federal Reserve’s decision to hike rates in March for the second time in three months led investors to reposition portfolios, as did elections in Europe and news about Britain’s progress in leaving the European Union. JPMorgan Chase & Co had the cheek to report a 17 percent jump in quarterly profit on Thursday, topping analyst Read More

Spicer’s Genius Still Hidden After Hitler Comment

2 months ago John Abercrombe Comments Off on Spicer’s Genius Still Hidden After Hitler Comment
Sean Spicer defies even his most ardent supporters, carefully hiding his true genius until he is really sure he is going to need it. He continues to make his mark as the worst most interesting White House Press Secretary of all time. Everybody knows you don’t make references to Hitler unless you have a good Read More

US Nukes Russian Relations

2 months ago John Abercrombe Comments Off on US Nukes Russian Relations
Some sort of response was expected from Russia. This is it. In 2015 a deconfliction line was set up between the U.S. and Russia to prevent any clash between the two powerful nations, should any further actions in the region be taken. On Thursday night, the line was used to inform Russia of the coming Read More

Shrewd Bannon Flushes Out Enemies of the State

2 months ago John Abercrombe Comments Off on Shrewd Bannon Flushes Out Enemies of the State
Former Breitbart CEO and current White House chief strategist, Steve Bannon, issued strong demands and the House Freedom Caucus to fall in with senior party officials. However Congress is still not a Breitbart subsidiary at this time. There are also reports from the New York Times that Bannon sought to use the AHCA vote as a means Read More

Forked Tongue Democrats Dance on the Grave of American Values

2 months ago John Abercrombe Comments Off on Forked Tongue Democrats Dance on the Grave of American Values
The Democrats futilely trying to save the law they built on lies and rammed through Congress with underhanded tactics should have been a moment to savor. The desperate Democrat dog and pony show would have been poetic justice. Yet conservatives are floating in a shitty soup of their ineptitude. Congressional Democrats and a few of Read More

Major Tech Companies Drop Opposition to Trump Travel Ban

2 months ago John Abercrombe Comments Off on Major Tech Companies Drop Opposition to Trump Travel Ban
On March 6, President Trump signed a revised executive order entitled, “Protecting The Nation From Foreign Terrorist Entry Into The United States.” The order replaced a prior order signed in late January which had been halted in the court system by way of a temporary restraining order. The revised order temporarily restricted travel from a Read More

Obama Ordered GCHQ to Spy On Trump

3 months ago John Abercrombe Comments Off on Obama Ordered GCHQ to Spy On Trump
Fox News Judicial Analyst Judge Andrew Napolitano claimed “three intelligence sources” say President Obama looked to British spy agency GCHQ to obtain transcripts of conversations involving President Donald Trump on “Fox & Friends” on Tuesday. Napolitano is quoted live on air, “Three intelligence sources have informed Fox News that President Obama went outside the chain of Read More

Bankrupt Hillary Announces Wilted Lettuce to be New Hair Piece

3 months ago John Abercrombe Comments Off on Bankrupt Hillary Announces Wilted Lettuce to be New Hair Piece
In a stunning announcement today Hillary Clinton has decreed that she will use piece of lettuce instead of hair Social media is buzzing with the news today that political bankrupt Hillary Clinton, the former secretary of state and one of the chief architects of the infamous Obamacare boondoggle, has decided that she has had enough of pretending Read More

The Real Donald Trump is the Essence of the One True Democracy

3 months ago John Abercrombe Comments Off on The Real Donald Trump is the Essence of the One True Democracy
Many political commentators have accused Donald Trump of “undermining democracy.” This accusation appears to stem from Trump’s penchant for uttering obvious falsehoods. Over the past month, Trump has asserted that 3 to 5 million illegal votes were cast in the presidential election, that more people attended his inauguration than Barack Obama’s, that the murder rate Read More

Trump Puts Primary Pressure on Pugnacious Party Portion

3 months ago John Abercrombe Comments Off on Trump Puts Primary Pressure on Pugnacious Party Portion
President Trump wants it to happen and he’s willing to threaten opposition Republicans to get it. So, support a bully, or expect to get bullied, later. That’s how the fight surrounding the replacement bill for Obamacare is shaping up. The Washington Examiner is reporting on a Tuesday meeting between Trump and the House GOP Whip Read More

Bitcoin Bad Boys Bummed About Big Bonanza Backfire

3 months ago John Abercrombe Comments Off on Bitcoin Bad Boys Bummed About Big Bonanza Backfire
The SEC has concluded that the price of Bitcoin is too vulnerable to manipulation for it to be certified. “Regulated markets related to the underlying asset provide a ‘necessary deterrent to manipulation,’”the commission wrote in its analysis. “To the extent there is some question as to the degree to which Bitcoin is subject to manipulation… regulated Read More

Snap Shares Attract Sceptical Speculators

3 months ago John Abercrombe Comments Off on Snap Shares Attract Sceptical Speculators
When Snap, the parent company of Snapchat, an app popular among teenagers for its disappearing messages, staged a public offering on March 2nd, Evan Spiegel, its 26-year-old boss, became a self-made billionaire. (Only John Collison of Stripe, an online payments startup, rivals him for such youthful tycoonery). Whether public-market investors will strike it rich remains Read More

How Hillary’s Corruption Puts Us All in Danger

3 months ago John Abercrombe Comments Off on How Hillary’s Corruption Puts Us All in Danger
A popular argument is weighing on the minds of a lot of wavering conservatives: While Hillary Clinton is flawed, she does not pose a danger to the republic in the same way Trump does. Actually, she does. This isn’t about drawing a false “equivalency” between the two candidates. It’s about assessing each candidate as a person, independently Read More

The CIA Use Stolen Russian Malware

3 months ago John Abercrombe Comments Off on The CIA Use Stolen Russian Malware
Documents released by WikiLeaks show that the CIA kept records of malware attacks supposedly stolen from outside agents, including the Russian government, used to “misdirect attribution” of hacking sources. “The CIA’s hand crafted hacking techniques pose a problem for the agency,” WikiLeaks explains. “Each technique it has created forms a ‘fingerprint’ that can be used Read More

US CIA Agency has ‘Intelligence’ removed from its name

3 months ago John Abercrombe Comments Off on US CIA Agency has ‘Intelligence’ removed from its name
Recently, the CIA lost control of the majority of its hacking arsenal including malware, viruses, trojans, weaponized “zero day” exploits, malware remote control systems and associated documentation. This extraordinary collection, which amounts to more than several hundred million lines of code, gives its possessor the entire hacking capacity of the CIA.  The archive appears to Read More

Dip Your Toes In New Unlimited Mining Pool

3 months ago John Abercrombe Comments Off on Dip Your Toes In New Unlimited Mining Pool
This past September Bitcoin.com started mining with its very own pool and mined its first block, 430757, on Wednesday, September 21, 2016. The following month our mining pool steadily increased its hashrate capturing 1 percent of the global network in October. Since then the pool’s computational power has increased, currently running at 80 Ph/s and Read More

Exxon Mobil Creates Jobs

3 months ago John Abercrombe Comments Off on Exxon Mobil Creates Jobs
Exxon’s announcement is another in a growing list of new jobs being created by a number of American companies that began before Trump even took office, however that isn’t really the point is it. Praising Exxon Mobil’s “ambitious” plans, the Trump administration said that the announcement is “exactly” the kind of investment the country needs. Read More

Bitcoin Launches Past $800 USD

5 months ago John Abercrombe Comments Off on Bitcoin Launches Past $800 USD
Bitcoin prices have risen above $800 for the first time since February 2014, setting a fresh 34-month high. The digital currency’s price reached a high of $800.46, according to data from the CoinDesk USD Bitcoin Price Index (BPI). The move followed a month of progressive price gains, beginning the period at around $742, and caps Read More

Peer-Reviewed Blockchain Research

5 months ago John Abercrombe Comments Off on Peer-Reviewed Blockchain Research
The first issue of academic journal ‘Ledger’ has been published. The issue includes 10 peer-reviewed papers ranging from probabilistic analysis of the NXT “forging algorithm”, questions of governance in blockchain and theories of social contracts. The publication was formally launched last year to encourage greater academic involvement in the cryptocurrency industry by giving scholars a platform Read More

ASX Defies Logic

5 months ago John Abercrombe Comments Off on ASX Defies Logic
ASX has continued this week’s trend by outperforming international markets this morning. Whether this outperformance is a temporary phenomenon related to this week’s option expiries or it just indicates ongoing buying interest in the Australian markets that could propel the ASX 200 Index to another significant year-end rally next week. Weaker than expected US personal income Read More

Pernod Ricard’s Millstream unit doubles full-year profit

5 months ago John Abercrombe Comments Off on Pernod Ricard’s Millstream unit doubles full-year profit
Millstream Equities, which manufactures and sells wines and spirits, said its accumulated losses now stand at $828 million versus $835 million in the prior year. No dividends were declared. It noted the Nov. 14 earthquake had resulted in damage to its Blenheim winery on the northern tip of the South Island that is subject to Read More

NZD/USD Trendline

6 months ago John Abercrombe Comments Off on NZD/USD Trendline
“The break of the January-May trendline, combined with the head and shoulders top, indicates potential for Kiwi to drop below .6600.” NZD/USD has turned up and is testing the mentioned trendline from below (as resistance). Strength through this level would suggest that the breakdown earlier this month is a ‘trap’. Read More

IBM steals Bitcoin IP

6 months ago John Abercrombe Comments Off on IBM steals Bitcoin IP
Indian business conglomerate Mahindra Group is working with IBM to develop blockchain-based supply chain applications. ate Mahindra Group is working with IBM to develop blockchain-based supply chain applications. Announced today, the partnership sees the two firms working on a prototype tool for tracking supply chain transactions via blockchain. Mahindra, a major business group in India, Read More

Gemini Adds API for Robot Traders

6 months ago John Abercrombe Comments Off on Gemini Adds API for Robot Traders
Revealed today, Gemini users are now able to connect to the New York-based bitcoin and ether exchange via a REST API, WebSockets API and a FIX API, upgrades that bring more widely used electronic communications protocols to the platform. In statements, representatives from Gemini said that the updates would make private order status information more Read More

Seismic Shift Imminent for Continental Currency Traders

7 months ago John Abercrombe Comments Off on Seismic Shift Imminent for Continental Currency Traders
We have closed out a remarkable active month for the markets. However, some of the most prominent headlines through the past weeks don’t measure up to the hype in performance much less the potential for follow through moving forward for continental currency traders. On the one hand, we have the endless amount of ink spent Read More