Think any currency left to government control eventually gets diluted to oblivion that's probably the best argument for any alternative. |
PS CIA created imho Sure not a good thing but Keynes left a system for only 100 years. They a bit stuck now to say the least lolAll fiat goes to zero eventually. I like gold too. Not comparable though really. |
Quite simply bitcoin is the new money supply! Deflationary one! Not going into all it does here. Don't have time. Long story short - cannot be compared directly to gold. Different. |
This is anyone's guess the price of funding, but look at the market cap and look at what they've got in the ground do some research. |
what assets do they have? |
is this a good share? |
Considering gold being $2600+ at present and likely to trend further north, what do you think will be the share price within the first few days of the second bank sign off, were it to happen this month ? |
Reckon that's why the government wants people to register chickens as if we go back to barter system they can have people pay in eggs. |
Isn't bitcoin just a number? Does it make nice shiny jewellery? Does it conduct electricity better than anything else?If we go back to a barter system can you barter you electric number? |
I see it as more like the fourth turning fall of the Roman empire in the way of cycles though I would love to be wrong because no way anyone sane would want things to get that bad. Even if I am half right though going to be a good environment for gold with a flight to safe havens.
There are bull and bear cases for bitcoin you could argue that bitcoin will do well with more liquidity pumped into to the system to stop it toppling over but think eventually the liquidity level will not have much if any effect.
Bitcoin could be higher at some stages but at the moment only clinging onto 60000 dollar level due to rate cuts and longer term charts look dire.
About the only bear factor I can see for gold is it being sold down with everything else on general sell offs but then bouncing back on national banks buying. |
Imagine this.. Actually gold will top 2026 then crash of century. You should have bought bitcoin at 19k when I said. By March 2025 88k minimum. With reference to Kefi by the time if they ever start smelting which won't be for several years IF they did get funding (doubtful) they will be cash losing as gold will be back down to 1300 an ounce. Happens. Cycles! |
(Schiff. gold 48.06 to 55.00 m)
(live from the vault/Gold) |
Both banks agreeing to funding and/or increased funding is they key hopefully this month.
This time next year kefi should be focusing on Jiblal Qutman and Hawiah maybe even some kind of Saudi listing after a successful one in Ethiopia (late this year or early next year).
That's assuming the company does not have to fight off a hostile takeover bid between then and now.
As for gold I will be watching to see if it hits my target that I made in April for just under 3000 dollars worst case. |
Super, when the final monies are confirmed in the coffers then whoopee but until then... Expect the unexpected... Or maybe not so unexpected. ;) Check back this time next year let's see.. |
Lead bank approval was January, we have had the 4 month security morotorium, conditions met !!!!
what's the problem, are they going to pause completing every time gold moves up down $50 or $100 Bucks ffs |
(Ethiopia gold and general)
“Exports have also witnessed a surge, with exports during the month of September increasing by 53 percent compared to the same period last year.
Compared to the first quarter of the past year, remittances have grown by 145 percent, and gold exports have seen a remarkable 540 percent increase. Only 58 million USD was earned from gold export in the first quarter last year while it is 488 million USD in this similar period.
“Last year 255 million USD was earned from gold export. This year we earned almost 500 million USD in the first three months. It means that we earned double of the past annual earning in three months. This is the result of the reform.”
The reforms have encouraged the legal export of gold, which was previously smuggled out of the country.”
(Ethiopia general)
(copper Saudi)
(Ethiopia/Cyprus)
(Ethiopia mining)
(Copper) |
(Ethiopia general)
(Ethiopia general)
(Saudi mining)
(Ethiopia mining)
(Saudi mining) (article might be AI generated) |
Well maybe "bits" not the right word to use but the banks being happy to increase the funding and sign off would be huge bit and the rest a lot smaller bits maybe even bits and bobs ;-) |
Sadly folk invest of it at times too. Never assume anything especially on aim. |
One should check the wording.
Overtly supportive of the lack of legacy?
TKGM & GMCO, deemed totally separated?
See you again end of October for the next excuse.
Maybe a male illness has affected Tim's mind.
However, at present Tim is dim. |
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