BY: Todd Horwitz, Host & Senior Contributing Analyst
PUBLISHED: January 08, 2018
Is Bitcoin on Its Way Out as Leading Crypto?Markets continue to go higher and are on track for the biggest opening week in the history of the markets. This market is also competing for the longest bull market in history, which rivals the Dot Com bubble of 1991-1999. Bubba comments on the issues of the day.
Jane King from LilaMax Media and author of the KaChing report stops by for her weekly chat to talk about some of the ridiculousness going on in Washington and New York. Jane and Bubba discuss the problems they see with the swamp and the educational system.
The Bubba Show’s technical and cryptocurrency expert, Matt Demeter from DemeterResearch.com joins Bubba next. Matt talks about the crypto space and why he believes Bitcoin is on its way out, as Ethereum is the new hot cryptocurrency and should take over leadership. Matt and Bubba also discuss Ripple.
Bubba and Matt discuss some of the commodities and other currencies. Matt feels that copper and gold are ready to turn over and start to head lower. Although Matt sees crude possibly going a little higher, he is a seller and will add on a rally. Bubba and Matt finish the show discussing the overvaluation of the Euro.
About Jane King
With 15 years of covering money news, Jane King has been bringing her audience not just breaking economic news but also “pocketbook” issues. The decisions moms make at the supermarket, high school students weighing various colleges, helping young couples buy their first home.
About Matt Demeter
Matt Demeter is the master market technician behind DemeterResearch.com. From 2005 to 2012, Matt was an active money manager with audited total returns of 201.9% vs. the S&P’s total return of 17.4%. In Nov 2015, Matt began offering his technical analysis to outside funds and individual investors on an affordable subscription basis.