Digital Assets Weekly: April 21st, 2020

Apr 22, 2020 • 7 Min Read

Please see important disclosures at the bottom of this report

Portfolio Strategy

These are strange times. Very, very strange times indeed.

Oil markets have gone mad. At least that’s what I’d think if I’d only looked at the price, which plunged as low as -$37.63. Although, I’m strangely unsurprised given the macro backdrop, I must admit the situation interesting.

However, I’m not here to talk about Black Gold, I’m here to talk about Digital Gold, and by that, I mean Crypto Oil, which isn’t referring to the Venezuelan Petro either. 

The “Crypto Oil” I’m talking about is the one that’s being used to power fast growing emerging digital decentralized crypto economies.

Perhaps the best way to summarize the stark contrast between these two oil markets is with the opening passage from Charles Dickens famous novel A Tale of Two Cities:        

It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of hope, it was the winter of despair, we had everything before us, we had nothing before us, we were all going dir...

Unlock this page with a FREE 30-Day Trial!

*Free trial available only on a monthly plan

Reports you may have missed

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 1/1

🎁 Unlock 1 extra article by joining our Community!

You’ve reached your limit of 1 free monthly articles. Please enter your email to unlock 1 more articles.

Already have an account? Sign In