Posted by JMOR on December 14, 2017 at 09:40:55 from (66.25.43.103):
In Reply to: Bitcoin questions posted by jocco on December 12, 2017 at 12:16:22:
What she said (you can be judge of her words worth):
Federal Reserve Chair Janet Yellen weighed in on two headline-making financial market stories, sending a caution to investors over bitcoin while shrugging her shoulders at the value of U.S. equities.
In what’s likely to be her last press conference at the central bank, Yellen called the cryptocurrency, which has surged about 17 times in value this year, a “highly speculative asset” and “not a stable store of value.”
On U.S. stocks, which have climbed 19 percent this year, she was more relaxed. “There’s nothing flashing red there, or possibly even orange,” she said."
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Today's Featured Article - It's Alright Where It Is! - by Anthony West. I have a tale of a different kind to tell. Whilst rooting in the hedge bottoms this week I had cause to visit Chapel lane Farm, the home of an eccentric gentleman by the name of Austin Kendall. I had heard rumours that an old Case Model C was languishing away in the back of one of the outbuildings there. So off I went in search of what would turn out to be a very rare and unusual tractor. Mr Kendall is an excitable chap to say the least. He is amongst the last of a dying breed of farmer who
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