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Strategies & Market Trends : Value Investing

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Lance Bredvold
To: Madharry who wrote (75363)4/2/2024 1:50:09 PM
From: E_K_S1 Recommendation  Read Replies (1) of 78774
 
FWIW I started tracking LTCN+6.98%. Pretty volatile too.

One could make the argument that LTCN could run like Bitcoin if an ETF is created like they did w/ Bitcoin.

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Some fun facts re: GOLD:

In March 2024, Utah Gov Spencer Cox signed House Bill 348 (HB348) into law, which authorizes the state treasurer to invest up to 10% of certain state funds in gold, silver, platinum, copper, or PT
Texas bill (HB4305) that would require the state comptroller to purchase $4 billion in gold bullion and $1 billion in silver, which would effectively establish gold and silver reserves for the state
a total of 23 U.S. states have taken steps to recognize gold and silver as legal tender . . The trend of states moving to embrace sound money appears to be growing across the country


If/when ALL the States move to Gold reserves, then US must make a similar move. If I can pay my property taxes in Gold, then it is legit. Can not pay my taxes in Bitcoin yet
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