I not old I am retro ;-) |
Yep, and 900 arrived in dinghies Sunday biggest number in 2yrs !!! are we building 900 houses a day, not that anyone who commits a criminal act of illegal migration should get a look in if we did, satelites are tracking 20,000 rogue space debris some the size of 10p, you get the picture |
Nothing "wrong" with the older generation but time for the new to make some money eh? In an ever increasing environment of government debt & corruption, a housing market where kids can't afford to rent let alone buy, where they leave college with a piece of paper that means nothing and up to eyes in debt ...Time for us to fix the system that some of the old timers broke Rob, sorry! |
Ps Your crypto key is much more secure than any bank login believe me. Unless someone can get your 24 keywords correct and in the right order? Now that would take some doing! If you leave those laying around the house or printed on your forehead I guess you're asking for trouble and some people do! You wouldn't display your gold bars on the mantle piece would you?Best to memorise them, etch them in bomb proof metal and bury them or store in an anon vault. The days of bank storage are gone now but who really trusts the banks?! |
LOL And if someone nicks your gold there is no way for getting it back or gets your bank login details and password....Crypto should also be stored in a "vault" and wise folk do..Bad apples everywhere but that's a non argument am afraid. https://www.bbc.co.uk/news/articles/c3e9zkpd0nxo |
I believe the thing that will bring down all crypto currency is the opportunity for fraud and theft.
If someone gets into your digital wallet and removes its comments, there is absolutely no way of getting it back. If someone kidnaps someone else and demands, and gets, a ransom paid in bitcoin, that simply cannot be traced. For this reason I believe central governments (when they wake up) will close down crypto currencies. (How, I do not know, but Governments are very very powerful when they decide on something). |
Bit of a pennant on gold...
M |
(Ethiopia mining)
(saudi mining)
(Schiff. gold 48.06 to 55.00 mins)
(live from the vault) |
What's wrong with the old boomers as a member of generation X I am neutral of course ;-) |
Perhaps you should message all the major institutions that have added an Etf and tell them to listen to you. I am sure they will ever so grateful for your financial advice.For me, I understand it and also understand why the institutions also value it and what crypto is all about and will become. Humbly it has also furnished me with more monetary wealth than I could ever spend during my lifetime and it won't be going away. It is the new money but as always only the folk that see and are in first will become the new boomers ;)GL |
Bitcoin, with absolutely no physical presence is the classic example of a non-investable speculator's plaything.
Gold, however, has held its value, and more, for several thousand years.
Gold for me every day. |
Gisjob2,
"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 ?"
Also given that the NPV is over 10p I believe that anything under 5p would still leave it to be a snip.
So I will be surprised, and disappointed, if it is not at least 3p.
But, of course, it is almost impossible to predict the market. |
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) |