
Since they first emerged in 2009 CPM has contended that the private crypto currencies were worthless, empty shells. Seeing them as nothing more than a legal Ponzi scheme, we have predicted that the ‘market’ for cryptos would be littered with scandals and inappropriate losses, ultimately disappearing.
Our view has been and continues to be that the best historical analogy for cryptos was the internet stock boom and bust of the late 1990s. In that earlier delusionary ‘investment’ mania outrageous valuations were given to virtually non-existent companies’ stocks. Three college students literally raised $100 million or more with a five-page ‘business plan’ that was nothing more than a concept, or a pipe dream.
Click Here To Read The Market Alert
Spanish Mountain Gold Ltd. (TSX-V: SPA) (FSE: S3Y) (OTCQB: SPAUF)... READ MORE
Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (OTCQX: ORAAF) is plea... READ MORE
Cascadia Minerals Ltd. (TSX-V:CAM) (OTCQB:CAMNF) is pleased to an... READ MORE
Abcourt Mines Inc. (TSX-V: ABI) (OTCQB: ABMBF) is pleased to anno... READ MORE
Agreement setting out the significant participation of Mishkeegog... READ MORE