Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (166659)	1/3/2021 6:45:30 PM
From: TobagoJack	Respond to of 217657

Re <<bitcoin ... 4 year old grand daughter ... fun>> Consider doing grand daughter a big favour, else dread the possible eventual day of the question, "grandpa, why did you not buy bitcoins?" BTW, at beginning of last year (2020) I started a game w/ son & daughter, allowing them US$ 10K play-money and giving them options to ride-along or not as I made major trades (not bothering them w/ the minutia), promising to payout in cash or gold 31st December 2020 the difference should they gain in the course of the year 2020. We tallied and I asked them what they wished to do with below order of battle, withdraw in paper-gold and leave in a/c, or withdraw cash and reset a/c to 10K, or withdraw cash and convert to physical gold. The second a/c for each kid is their birthday present granted October, to terminate on 19th February 2021, when they get to keep the gain or not Both kids said yesterday that they wished to roll the real money (gains) along w/ the fake-money (10K) into 2021 game, and reduce a bit of everything in order to add a bit more GBTC. I shall sell them out of all items except GBTC, and wait for GBTC correction (10-20%?) to add. I am guessing that I shall 25% of everything else and wait for GBTC to come in range of 20-25K(?), and hope it happens. Footnote: Erica's a/c is a real a/c that I have just put into the App. She is my assistant (meticulous, persistent, smart, quick learner, efficient, and has perfect phone manner to get others to do her requests) entrusting me to manage her equity savings a/c. She has a mortgage-free apartment worth about 1M (ordinary number in HK), 21.5 oz of gold coins accumulated over the years as the gold-portion of lunar new year bonus, given to her deliberately in that form so she could not spend it, and about 300K in her MPF a/c (regulatory mandated retirement savings a/c managed by financial institutions, poorly imo, but no option), and below discretionary a/c. She must as all in HK have a bit ofd cash stashed away. Her husband works in computer hardware stuff, and she has two daughters 16 and 12. HK University does not costs a few thousand per year presumably coming up. Her job is relatively safe and she has been with me for ~20 years. Every time I 'fire' her from some venture, the business pays her one-off longterm severance (one month amount for every year worked). She got fired about 4 times, and also earns ~2-4 months bonus each year on top of base, depending on income of whatever she happens to be working on during the course of that year. She and her family gets medical coverage. IOW, the account below is truly fun money.

To: Maurice Winn who wrote (166659)	1/3/2021 8:09:44 PM
From: TobagoJack	Read Replies (1) \| Respond to of 217657

Martin Armstrong chimes-in ... These will identify the shift in trend to a dollar rally which appear is a low here in 2021 takes place, then we can see a rally into 2024 Dollar rally would either follow or portend an equity-crush / bond-rally, possibly making gold a better buy (albeit gold can and had in the occasional past rallied w/ gold). No idea about bitgold, guessing up. ask-socrates.com US Dollar into 2021 (PRO) SUNDAY, 03 JANUARY 2021 BY: MARTY ARMSTRONG The US dollar Index closed weak and as I warned at the WEC, it appeared to be headed down into a further decline into early 2021 influenced by the politics. The view is that under Biden, there will be no fiscal restraint so the traditional printing until the cows come home is the story, but Gates killed the cows to sell is alternative meat products. Nevertheless, there were no Yearly sell signals so we are not looking at a profound change in trend on a long-term basis. What is not being considered is that because over 50% of the Dollar Index is the Euro, the lockdowns in Europe are far more devastating economically and the money printing will be far greater in Europe than the United States. In addition, the trend toward civil unrest is also greater in Europe because it began sooner. In France, there is the Yellow Vest movement which began over taxing fuel, but it is well organized and now the crushing of jobs is only creating even more discontent. This time, we could see the French lead the way instead of the French being inspired by the American Revolution during the 18th century. The Yearly Bearish Reversal in the Cash Dollar Index lies at 87.60 level. January will of represent 10 months down from the high of March 2020 which was 102.99. The support in 2021 lies at 88.45 followed by 84.74, 84.49, and 79.34. Monthly support during January begins at the 88.86 level. The 2018 low was 88.25. A penetration of that low will bring down a Yearly Bullish Reversal to 89.64 slightly beneath the closing of 2020 which was 89.935. From a timing perspective, we still see the major target as February where we also have panic cycles showing up the week of 02/22 but the strongest weekly target remains the week after the inauguration 1/25. We see the week of 1/04 as a minor target with rising volatility into the week of the inauguration – 1/18. We have back-to-back Directional Changes the week of 1/25 and 2/1. You would think that perhaps there will be turmoil over the electoral count on the 6th. We have a Directional Change on the 5th and the strongest target being 8th. That implies if there are objections to 7 states, they must break and debate each objection separately so perhaps we will not know the outcome on the 6th but rather the 8th. At this point, we should focus on the Daily and Weekly Reversals. These will identify the shift in trend to a dollar rally which appear is a low here in 2021 takes place, then we can see a rally into 2024 which could also imply that the US lags behind on the whole digital currency move while it is Europe that is in serious trouble for its central bank is trapped with negative interest rates since 2014 and in the process after 7 years of this failed policy, they have no choice but to push ahead with Agenda 2030.

To: Maurice Winn who wrote (166659)	1/4/2021 7:11:13 AM
From: TobagoJack	Read Replies (1) \| Respond to of 217657

Assange ... zerohedge.com UK Judge Rules Julian Assange Can't Be Extradited To USIn a historic ruling that some say could help protect press freedoms in the US, a British judge has ruled that Wikileaks founder Julian Assange can't be extradited to the US. The New York Times described the ruling as "...a major victory against the U.S. authorities who have accused him of conspiring to hack government computers and violating the Espionage Act with the release of confidential communications in 2010 and 2011." Assange was dramatically arrested in April 2019 inside the Ecuadorian embassy in London following 7 years spent in hiding there as authorities pursued him on alleged sexual assault charges linked to his time in Sweden. While that investigation was dropped years ago (though Sweden formally reopened it following news that Assange was in custody before being dropped once again) it was revealed that his arrest in London was tied to an extradition request filed by the US. For years, prosecutors had been quietly pursuing their case against Assange. The charges were soon revealed: the 49-year-old Assange is facing 17 counts of violating the Espionage Act for his role in publishing leaked military documents and cables. He was also charged with one count of violating the Computers Fraud and Abuse Act. All told, he could face 175 years in an American jail. Back in June, US prosecutors published an expanded indictment, which caused even more consternation for Assange's defense team. Though, now that a British judge has ruled that he can't be extradited, it's possible that he may never actually return to the US to face the charges against him. Though the judge, Vanessa Baraitser of the Westminster Magistrates’ Court, said she had no problems with the US case against Assange, she ruled that extradition would pose a serious threat to Assange's health. Though she said the case appeared to be brought in "good faith", and that Assange's actions went beyond simply encouraging a journalist, the judge ruled extradition could have a seriously negative impact on Assange's health. For example, she found "Mr. Assange’s risk of committing suicide, if an extradition order were to be made, to be substantial." Assange's supporters and legal team have long warned about his deteriorating health in confinement, and photos of a sallow and decidedly unhealthy looking Assange have filtered out through the press. Back in 2019, the UN's special rapporteur on torture and ill treatment declared that Assange's confinement amounted to "psychological torture". He is being held at Belmarsh, a high-security prison in London, where he has been awaiting the extradition ruling. A crowd of supporters gathered outside the court for Monday's ruling cheered the news. Read the full 130-page indictment below: USA -V- Julian Assange Judgment by Zerohedge on Scribd USA -V- Julian Assange Annex by Zerohedge on Scribd And here's the annex with expanded witness testimony. The legal battle over Assange is nearing its one-decade mark (if one starts counting on the day he first sought refuge in the Ecuadorian Embassy). And today's ruling isn't the last word. The US authorities now have 15 days to appeal the ruling. Ultimately, in her ruling, the judge rejected the defense's argument, and validated the points made by the prosecution, so if an appeal is filed, the court will likely explore whether the health concerns (risk of suicide), truly are as pressing as Judge Baraitser believes. But an even bigger question now, with extradition seemingly off the table, will President Trump decide upon a last-minute pardon for Assange, as many of Assange's supporters have pleaded with him to do. Sent from my iPhone