War of the New Oligarchs

Posted On Mar 10, 2021 By Addison Wiggin

“Here’s the interesting thing underneath this Reddit stuff,” James Altucher tells us in this week’s Wiggin Session. “There’s this huge battle now between Silicon Valley and Wall Street.” The battlegrounds include financial apps, message boards, even digital currencies. In other words, it’s big money vs. big money — what Jim Rickards called “the New Oligarchs” against the old guard, using everyday investors as foot soldiers.

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