Bitcoin is Down, But Is It Out? - Bizarro World 346

The free version of the 346th episode of Investing in Bizarro World is now published.

Here’s what was covered:

Macro Musings - Gerardo and Chris Curl talk about the importance of being a contrarian. Bitcoin is down from its highs, but is it a bear market? A look at historical trends and explaining why this time is different. Alt season never came and investors are using crypto as leverage at their peril.  Sentiment is at all-time lows and this is not a place to sell as altcoins may have bottomed. A look at how this will be affected by easy monetary policy and a new, compliant Fed chair.

Market Takes - It’s a historic commodity market in lithium, silver, and uranium. Many companies are moving way up in value as a result. Sentiment is changing from negative to positive in the past few months. Lithium is still not getting the credit it deserves. There are still good places to invest because of that. Uranium has strong supply fundamentals and volatility is to the downside. Two free names in the sector poised for big gains. The benefit of private placements.

Bizarro Banter - Tragedy abound with the death of Rob Reiner, and shootings at Brown University and Bondi Beach. Gerardo calls for a hope for civility in the future.

Premium Portfolio Picks - For paid listeners only. 

0:00 Introduction
3:25  Macro Musings: Why it's important to be contrarian, especially as Bitcoin is down from its highs and altcoins bottom. 
16:27 Market Takes: What the future holds for this historic commodity market and why some investors are still sleeping on certain parts of it. 
26:52 Bizarro Banter:  A call for civility amidst recent tragedies. 
32:14 Premium Portfolio Picks: (You need to subscribe to Bizarro World Live to get this section)

PLEASE NOTE: There are now two versions of this podcast. 

  1. Bizarro World Live — Pay $2 per episode to watch us record the podcast live every Thursday and get Premium Portfolio Picks every week. Plus an archive of all premium episodes. Subscribe here.
  2. Bizarro World Free — Published the Monday after the live recording with no Premium Portfolio Picks.