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 - Madison's County - by Anthony West. Philip Madison has been a good friend of mine for quite some time. He has patiently suffered my incessant chit chat on the subject of tractors for longer than I care to remember, and on many occasions he has put himself out, dropped what ever it was he was doing, to come and lend a hand cranking handles, or loading a find onto a trailer. Although he himself has never actually owned or restored a tractor, he was always enthusiastic and always around helping with other peoples projects.
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