SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 411.50+0.6%Jan 8 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: carranza2 who wrote (166778)1/6/2021 2:11:27 PM
From: Roads End  Read Replies (1) of 219150
 
I enjoyed the letter too. It added perspective to my growing understanding of BTC. The "Ah Ha moment" difficulty of adjustment was a nice story to explain away the lever of control BTC gods will use to control pricing. So what is the matter with the way gold tempers its production via market function? Dialing up prime numbers at will? Whose will?

The letter is a sales tool for the product Stone Ridge sells and I find no fault with hanging the carrot out there with $100K or $1000K targets. After all, most also include $zero as well. No one hangs a $zero outcome for gold.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext