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: sense who wrote (172089)	5/21/2021 8:30:39 PM
From: TobagoJack	Read Replies (2) \| Respond to of 217685

all gold, once refined to 9999, should be stored deep underground in the arctic together with neutron bombs, with the bomb-trigger mechanism and the gold paired and tokenised, and the quadruple-fail-safe bombs' decentralised / autonomous computers readying to trigger on 51% vote of the token-holders the tokens can be traded just like bitcoins, and should any large enough governments attempt to do take-over, take under, or takeaway. the token holders shall let them have it all, in a big kaboom the tokens can be named bitkaboomdoomgold or BKBDG should any government try to regulate / tax the transactions, the 51% of token holders can vote to deny access to the network by that particular domain as far as voting / governance is concerned the network itself shall not release any KYC data the tokens would trade on its own open decentralised network, with inter-operability to other tokens and exchanges

To: sense who wrote (172089)	5/23/2021 10:15:27 PM
From: TobagoJack	Respond to of 217685

gold continues up if Basel III matters at all, gold should do as it is doing the rug-pull must happen when max pain can be ascertained

To: sense who wrote (172089)	5/24/2021 2:42:41 AM
From: TobagoJack	Read Replies (1) \| Respond to of 217685

Verbiage flow, from 13D 13d.com What Are The Markets Telling Us letter, about gold and crypto Quote … Gold and the miners could be among the strongest markets in the world in the coming weeks and months. USD-gold, gold denominated in the major currencies and gold mining-equities have advanced above the key 2020 downtrend line. Is the rally now ready to accelerate? Follow the leaders! Gold is rising against the world’s major currencies and against U.S. and global stock markets. The gold mining-equities are outperforming gold and U.S. and global stocks. Following a lengthy period of huge underperformance, gold is now out-performing Bitcoin. And, following the multi-month correction from the 2020 top, gold mining-equities are once again out-performing broad commodity measures. We first posed the question, “Will gold become the strongest asset in the world?” in WATMTU June 23, 2019, following the breakout in gold denominated in nearly every major developed- market currency. This was followed by many months of superior performance in gold versus nearly every asset market. And, in recent issues, we have written on the important similarities in the set-up in gold’s bottoming process in May-June 2019 and in March-April 2021. (Please see WATMTU April 25, 2021.) Further upward progress—and a decisive breach above the next resistance areas near $1,880 and $1,970—could herald acceleration of the uptrend in gold to new all-time highs. As discussed in last week’s issue, a key intermediate-term momentum indicator which has correctly signaled previous multi-month rallies in gold, registered a new “buy signal” three weeks ago. And several longer-term momentum measures for gold are once again rising or are in the process of turning upward again. This action suggests any near-term pullbacks in gold are likely to be modest and short-lived. Gold Miners Bullish Percent Index (BPI) is a breadth indicator based on the number of stocks that are on a “point-and-figure buy-signal” within the index. As noted in the chart below, the previous instances in late-2018 and mid-2019, when this measure advanced above the downtrend-line, the rally in the gold miners (GDX) continued for several more months. The BPI advanced above the August 2020 downtrend-line in early April. “Why the Bitcoin Crash Was a Big Win for Cryptocurrencies.” This was the headline of a May 20th Bloomberg Opinion article by James Bianco. We quote as follows: To understand why I believe Wednesday was a big victory for crypto, separate the space into its two main categories:centralized and decentralized. Under extreme stress, the decentralized finance system worked as designed. Centralized is the most familiar. These are the regulated exchanges such as BlockFi Inc., Coinbase Global Inc. and Binance. They run traditional order books with bids and offers much like the New York Stock Exchange... when markets get hectic, they are saddled with delays, system outages and frustrating customer experiences. *But the decentralized protocols, which many claim are the future of finance, worked as designed and never went down.While customers grumbled about market losses, they were not complaining that these systems failed them at a critical time. All these [decentralized] sites ran without incident even as some crypto prices crashed by 50%. No decentralized protocol failed or needed a bailout. No regulators had to decide to close anything.* So while most are focused on wild price swings and unusual coins, understand it was the traditional financial exchanges that failed investors again, not decentralized finance. Those arguing they are creating a new better financial system won the day. Those in the traditional system that failed investors again at a crucial time are the ones who need to be asked the hard questions. And the following is an excerpt from an insightful email we received from a friend and one of the largest institutional fund managers in the crypto space: For the first time in decades, we saw the ferocious beauty of truly free markets operating at scale. Efficiently. Ruthlessly. These assets inhabit a world without a buyer of last resort to bail out its bankers. It was a remarkable display of antifragility. To appreciate it fully, simply imagine how today’s equity, bond and credit markets would withstand a withdrawal of government support, let alone a full-frontal assault. It is this independence and resiliency that underpins the longer-term attractiveness of digital assets.