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Posted

This is an oldie..but still very appropriate goodie...

 


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Posted

The red line generates the income to pay the interest on the blue line. 
 

See the problem?

 

IMG_4374.jpeg


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Posted

Price of bitcoin denominated in long duration US Government bonds.
 

Get off zero if you have no bitcoin. 

IMG_1941.png



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Posted


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Posted

 



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Posted


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Posted

Inflation is currently about 12% if you use the same CPI basket the US Government used in the 1980s to calculate it. 

IMG_1962.png


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Posted


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Posted
57 minutes ago, Tron said:

IMG_4542.png

 



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Posted

"US national debt rising $1tn every 100 days ($32tn to $33tn took 92 days, $33tn to $34tn 106 days, $34tn to $35tn will take 95 days)" - BofA

 



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Posted

Favorite slide from Michael Saylor's speech at Bitcoin Atlantis. The sooner you can move through the progression, the better chance you have at protecting your wealth and purchasing power. 

IMG_1985.jpeg



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Posted


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Posted

Here's Dave Ramsey explaining the difference between bitcoin and fiat currency.

 

 

 



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Posted
1 hour ago, Tron said:

Here's Dave Ramsey explaining the difference between bitcoin and fiat currency.

RPReplay_Final1711280952.mov 66.33 MB · 0 downloads  

 

 

I really like Dave Ramsey. He is full of common sense. 

I have a question. Have they ended Quantitative Tightening yet and started back to Quantitative Easing again? What a mess they created. Our Bubble is going to pop and puss is going to get all over this planet. 

I heard of some Crypto currencies now backed by Gold. Them would be the only one's I would trust. I can never trust a 1 or a 0 as the backing. I needs to shine like Gold to be any good. 

What's your opinion Tron? What does your User say?  



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Posted
On 3/24/2024 at 9:14 AM, ALanHim said:

I really like Dave Ramsey. He is full of common sense. 

I have a question. Have they ended Quantitative Tightening yet and started back to Quantitative Easing again? What a mess they created. Our Bubble is going to pop and puss is going to get all over this planet. 

I heard of some Crypto currencies now backed by Gold. Them would be the only one's I would trust. I can never trust a 1 or a 0 as the backing. I needs to shine like Gold to be any good. 

What's your opinion Tron? What does your User say?  

I am a Bitcoin maximalist. All other crypto are shitcoins. Read the book "The Bitcoin Standard" if you really want to understand why Bitcoin is better than gold. I own gold too,(and silver) but it is definitely not a finite asset like Bitcoin is. If the price of gold spikes to $3500 an ounce, gold miners will ramp up production..not to mention there are technologies under development in ocean floor mining that will allow for significant increase in gold production. Bitcoin, however, has a fixed distribution schedule and a fized cap of 21M whole coins. 
 

We are now in fiscal dominance...what the Fed does going forward is becoming more irrelevant as each day passes. They have no control over the long end of the yield curve.  If the Japanese start to unwind the yen carry trade in a serious way, the US Treasury market will come unhinged and long rates will spike. If you are in a traditional 60/40 portfolio, nearly half of your capital will get rekt. 


Now that the SEC has opened the door to spot ETFs, Bitcoin going to $200k minimum by the end of 2024.
 

Not financial advice/DYOR.



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Posted
On 3/25/2024 at 11:27 AM, Tron said:

I am a Bitcoin maximalist. All other crypto are shitcoins. Read the book "The Bitcoin Standard" if you really want to understand why Bitcoin is better than gold. I own gold too,(and silver) but it is definitely not a finite asset like Bitcoin is. If the price of gold spikes to $3500 an ounce, gold miners will ramp up production..not to mention there are technologies under development in ocean floor mining that will allow for significant increase in gold production. Bitcoin, however, has a fixed distribution schedule and a fized cap of 21M whole coins. 
 

We are now in fiscal dominance...what the Fed does going forward is becoming more irrelevant as each day passes. They have no control over the long end of the yield curve.  If the Japanese start to unwind the yen carry trade in a serious way, the US Treasury market will come unhinged and long rates will spike. If you are in a traditional 60/40 portfolio, nearly half of your capital will get rekt. 


Now that the SEC has opened the door to spot ETFs, Bitcoin going to $200k minimum by the end of 2024.
 

Not financial advice/DYOR.

I'm so Bitcoin illiterate. I do know it's extremely robust and a solid Blockchain which even that I don't understand. I think all's fine till the Central Banks get their paws into it though. Then like our FIAT Dollar they will run it into the gourd in Debt. We owe more money than exists on the planet once you calculate all our Depravities debt. Banks are beyond broke and they want a digital system to hide their crimes when it crashes. 

Gold is the only real money but you can't eat gold. Here in the USA food and water will be money before long. 
 



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Posted

Want to know in detail how bankrupt the US Government is? Take a read through this thread. Money printer will be going brrrr until it all collapses. Prepare accordingly. 



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Posted

this is why ima gold prospector

look at this humphrey bogart GIF by Warner Archive



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Posted
8 minutes ago, ToySoldier said:

this is why ima gold prospector

look at this humphrey bogart GIF by Warner Archive

This CAGR comparison tells you all you need to know as to which is better. Don't get me wrong, I have a healthy stack of gold and silver as well, but Bitcoin is the future.   

IMG_4652.jpeg



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Posted

I don't buy gold stock I stock up on gold...with my hobby I make more on my gold then spot price..so I'm a little over the gold percentage 



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Posted

Everybody ready for wave two of inflation? 

IMG_4672.jpeg



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Posted

This is the chart that will prompt the Fed to cut interest rates. It has nothing to do with what they see in inflation metrics. Get ready for another inflation wave and eventually a currency crisis. 

IMG_4690.jpeg


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