Once again I find myself writing to you from the airport today while waiting for a plane.
Today I’m headed over to Malta for the AI and Blockchain summit, where I’ve been graciously invited to talk about the integration of crypto assets into traditional finance. It’s supposed to be Europe’s largest crypto gatherings so if you’re there, definitely hit me up.
Yes, over in Europe tokenization is already on the right track and it seems that even the United States has finally initiated a much-needed push towards tokenizing the US Dollar.
For today however, instead of talking to you about the trade wars, or why gold dropped $30 an ounce, or the dozens of companies reporting earnings, or any of my other market-related ramblings, I’d like to share something from an investor who’s opinion actually matters.
In this short piece, Ray eloquently describes the exact problems with the current financial system. TL;DR: Money is free for those who have it and unattainable for those who don’t.
Make sure to read the full synopsis at this link: https://www.linkedin.com/pulse/world-has-gone-mad-system-broken-ray-dalio/
Have a wonderful day today and tomorrow. Will catch you again with a proper update on Friday.
eToro, Senior Market Analyst
Please note: All data, figures & graphs are valid as of November 6th. All trading carries risk. Only risk capital you can afford to lose.
Senior Market Analyst
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