Nico Metten

The Bond Bubble Has Burst

I am calling it. What we are seeing in the markets right now is the start of the next big financial crisis. The huge bubble in government debt has begun to burst. It took a few years, but investors have finally realized that western governments in general, and the US in particular, are trapped in…

Why Intrinsic Value Matters To Crypto Currencies

Crypto currencies were one of the big stories of the now ending year 2017. These once geeky little software projects have truly hit the mainstream, and exploded in price. Bitcoin valuations are now featured in pretty much any major newspaper. Some believe that cryptos will take over the world monetary system, others think it is…

The Russian Conspiracy

It has been about a year since Trump got elected President of the United States. A lot of people were shocked by this decision of the american voter. Personally, I was not shocked, I expected it. But not because I wanted him to win. In fact I have been a very vocal critic of the…

Are Guns The Problem

The news coming out of Las Vegas are truly disturbing. On Sunday night, a 64 old, local man, fired multiple rounds of machine gun fire into a big crowd of a country music festival. As I write this, at least 59 are dead, and 527 have been wounded. Most baffling of all, it seems difficult…

Bitcoin – A Textbook Example of Investing Psychology

Bitcoin seems unstoppable. Since I last wrote about it in June, the price has doubled again. And with every new high, the bitcoin community gets more emboldened in their view that bitcoin is changing the world. I however, remain unconvinced. The blockchain certainly will change the world, but cryptocurrencies not so much. Nothing has changed,…

Will Intelligent Machines Take All Our Jobs?

We live in exciting times. The speed of technological progress is breathtaking. In my lifetime, I have seen the world change from one without the world wide web and few computers, to computers being ubiquitous, and incredibly powerful. As a child I remember us only having one analog, landline phone, with a physical dial wheel,…

What to do against terror?

Another terrorist attack in London. The third one in the England this year. Needless to say that this is horrible for the few individuals who, against the odds, actually got caught up in it. They really were very unlucky. Terrorism looks big on TV, but even in a year like this, it is in reality…

Bitcoin – Currency or Bubble?

Bitcoin, the first crypto currency of the world, has come a long way. When I first heard about it, I thought it was a joke. A purely digital currency, really? Since bits are almost free these days, it seemed obvious that the value of such a currency would have to be zero. It took me…

About That German Open Border Policy

I was born and raised in Germany, and I lived there for the first 28 years of my life. That is not to say that I feel particularly German. I have always been an individualist. What ties me to Germany is more family and friends rather than a patriotic feeling about this artificial political construct.…

Why Islam Haters are a Problem

So this time, London is the European city in the news with a terrorist attack. Once again, a lone nutter, acting on his own by using very simple means, has caused a nasty blood bath. From what we know so far, the attacker claims to have acted in the name of Islam. ISIS, in their…