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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (168902)	2/24/2021 7:34:57 PM
From: TobagoJack	1 Recommendation Recommended By marcher Read Replies (1) \| Respond to of 218835

<<DRD>> ... I do not understand it, and have been shorting May strike-10 puts now that February done, and March coming into the safe-zone. I guess the puts are priced for gold going to 1600s(?) As gold is cheap (even if should get cheaper), seems a relatively safe play on dividend-paying gold Re <<sold calls>>, best to sell once in good-enough profit, for they either decay or are not that liquid when one wishes for liquidity Re <<BTC>> Bought BTCC.U, the USD version of BTCC.B (denominated in CAD), replacing most of my GBTC. GBTC is not really liquid on the way up, therefore sports a premium, and on the way down, and zero-ing of premium. BTCCs seem very nicely liquid. GBTC shall have to convert, but unclear it can, as the move would extinguish premium that is mistaken for realisable profit. Also, Team USA's eventual imperative to snuff out BTC is stronger than that of Team Canada. In the meantime, sure would be nice if 'they' have a dependable inter-bank transfer schema that the world can trust, and is not simply an appendage to the USD, and does not listen to anything like a Facebook or any other private company that be its sponsor. Ideally democratic, even if suspected of China China China CCP sympathies :0) Janet Yellen: #Bitcoin is inefficient. Today: Federal Reserves payment system Fedwire goes down, freezing wire transfers between banks.#Bitcoin doesn't go down. — Bitcoin Archive 🗄🚀🌔 (@BTC_Archive) February 24, 2021 zerohedge.com Fed Investigating Massive Outage Of Its Interbank Payment SystemThe Federal Reserve’s critical system for interbank payments which serves as the backbone of virtually all money transfers in the US, went down Wednesday afternoon as trillions in payments suddenly ground to a halt. The outage, similar to two significant disruptions suffered by the Fed in 2019, was widespread across all payment systems maintained by the central bank, including the vital automated clearinghouse system known as FedACH, and the Fedwire Funds interbank transfer service. ACH is a national system that processes batches of electronic funds transfers such as payroll, social security benefits, tax refunds, corporate payments to vendors and utility payments, according to the Fed’s website. The commercial service handled 62.1 million transactions a day on average in 2019 with an average value of $1,802, the latest year for which data are available. [url=][/url] “A Federal Reserve operational error resulted in disruption of service in several business lines,” Jim Strader, a spokesman for the Richmond Fed, said in an e-mailed statement. “We are restoring services and are communicating with all Federal Reserve Financial Services customers about the status of operations.” Around 230 pm, FRBservices.org reported that after a roughly hour-long outage, the Fed's central bank services and FedCash were back to normal operations. While the little used FedMail did not suffer a disruption, all other services are still listed as “service disruption.” [url=][/url] “We are in process of restarting the Fedwire Services and National Settlement Service and expect to resume normal processing this afternoon,” the website says So... the Great reset, eh? * * * Earlier Update (1400ET): The Fed issued a brief statement: *“The Federal Reserve Bank staff is currently investigating a disruption to multiple services. We will continue to provide updates as soon as they are available."* Is this The Great Reset? * * * It appears that The Fed is "down" as all FRB Servcies are currently offline including ACH and FedWire... Translation: the official establishment-sanctioned method of transferring money in America is currently offline! [url=][/url] Source If only there was an alternative method to transfer value over the internet... for free? [url=][/url] The question is - what is broken at The Fed (and was it the Russians?)

To: carranza2 who wrote (168902)	3/5/2021 4:39:31 PM
From: TobagoJack	Read Replies (2) \| Respond to of 218835

Re <<Added DRD at 9.24 and FNV at 110.xx>> I rolled my March expiration short-Puts strike-10s to April and May, and a bit of August, all strike-10s and collected my dues Gold did not behave well recently (did not behave as I wished it to behave), and I think totally nonsensical, but never mind, testing of faith by the market and in the case of DRD I find the tests easier than in the case of a lot of other plays. Who can know. Maybe money dilution really doesn’t matter at some stage, and only the expectation of more dilution requires attention, so that gold would keep going down and everything else up. By DRD we are taking the very lonely path on a small cap. Re <<FNV>> ... watching. DRD is an easier commitment, like dinner w/ a heart-stilling lady lifeguard. FNV requires more deliberation at this juncture. But FNV a lot easier to make space for than the miners and explorers, unless and until financial blood flows on the street more copiously. DRD is a bank, w/ one depositor, deposits denominated in gold, and we get the dividends resulting from all the stimies dispensed around the planet. FNV is an investment bank. The miners and explorers are the rest, blue chips, workers, playthings, muppets, and startups. It is quaint that folks believe interest rates (nominal / real) shall be sustainably up, and allowed to stay there by the empires, kingdoms, domains, and such. A giggle re what people can be quickly conditioned to believe. finance.yahoo.com DRDGold Ltd (NYSE:DRD) DRDGold has an average price target of $13.33 per share, which mirrors a 46.2% upside from Thursday's closing price of $9.12. Based in Johannesburg, this South African gold operator is producing gold from the treatment of surface tailings as a result of previous mining activities conducted by other companies in the Witwatersrand basin in the South African province of Gauteng. The company aims to produce 185,000 ounces of gold in full fiscal year 2021, which will mark a 6.1% increase from 174,385 ounces made in the previous full fiscal year ended on June 30, 2020. The company will sustain an operating cost of nearly $1,100 per troy ounce. The stock has a market capitalization of $779.85 million, an enterprise value-to-Ebitda ratio of 7.77 (versus the industry median of 12.12) and a price-book ratio of 4.12 (versus the industry median of 2.48). Currently, the share price is 13.6% lower than the middle point of the 52-week range of $3.06 to $18.05 and is trading 7.7% below the 20-day simple moving average. The 14-day Relative Strength Index of 37.3 indicates that the stock is not far from oversold levels.