To: carranza2 who wrote (168723 ) 2/18/2021 7:15:25 PM From: TobagoJack Read Replies (2) | Respond to of 219715 Re <<Time to make sure the hatches can be quickly battened >> sounds right. The problem with the market is as you noted, it is very sick sick or perhaps even broken by its participants, including one we know as the Fed. The issue about MSTR is it is a bitcoin w/ a voice and unlike bitcoin, can make and announce business plans, that which folks can and are clamouring for. Whereas bitcoin might be bettergold, as premised by Gundlach, MSTR arguably is a better bitcoin, one that can talk and borrow, and buy even more bitcoins, and make its own value go up so as to be able to borrow more, and as the Fed does more work with the dollar, with gusto, the energy arguably leaks into bitcoin space since folks do not seem to cotton to gold. USD <=> DIA <=> Gold <=> DRD <=> BTC <=> MSTR <=> USD, together holds the answer to our questions, but I am uncertain I am reading it correctly Message 33205256 short USD <=> short DIA <=> long Gold <=> long DRD <=> long BTC <=> long MSTR <=> short USD Compared to USD / DIA bubble, actual gold, DRD, BTC and MSTR are not even bubblettes even as the latter two might be foamed. I do not know whether BTC is bettergold, but BTC is likely an anti-dollar, anti-bonds, and might even be an anti-stocks.bloomberg.com Jeffrey Gundlach Says Bitcoin May Be a Better Bet Than Gold Lynn Thomasson 18 February 2021, 19:54 GMT+8 DoubleLine Capital LP chief and long-time gold bull Jeffrey Gundlach has changed his mind on the metal and considers Bitcoin a better trade. Gundlach tweeted he’d been a long-term gold bull and U.S. dollar bear, but has turned neutral on both. Bitcoin may well be “the stimulus asset,” he said, a reference to the cryptocurrency’s rally amid a wave of cash pumped into the financial system during the pandemic. Gundlach’s comments are another sign the investment case for Bitcoin is winning over institutional money managers and possibly siphoning cash from the gold market. Historically, traders have turned to the precious metal as a way to play rising inflation expectations. But over the past year, it has been range-bound and gold exchange-traded funds have seen outflows. Bitcoin, however, has captivated investors from billionaire Elon Musk to hedge fund moguls including Alan Howard and Paul Tudor Jones. Prices have quadrupled over the past year and shot through $52,000 this week. The digital token slipped 2% on Thursday to trade around $51,317. Read more: Does Bitcoin Boom Mean ‘Better Gold’ or Bigger Bubble? QuickTake Before it's here, it's on the Bloomberg Terminal. LEARN MORE