I'm ready

GM Happy SATurday

How much gold exists on earth?

Above ground or yet to be mined? There’s more in the oceans than we’v ever pulled from the ground.

Honestly, I think those all in on gold, who think Bitcoin is a scam, are wrong, but I also think belittling gold and going 100% in on Bitcoin isn't the wisest either. Both have their strengths and weaknesses, but there are situations that either can win. The wisest course of action is to have a bit of both. Gold is safe, but has less upside. Bitcoin has a bit more risk (though nothing like Schiff thinks), but has a much larger upside. Real diversification is the key.

You guys could get rich buying God’s organic ledger aka gold OR buy into a world of bitcoin standard with CBDC’s running as the 2nd layer because bitcoin doesn’t scale and you chose the latter… SAD !

Is the BTC BULL RUN in the room with us right now? View quoted note →

There's benefit in keeping an open mind, learning, and having all non fiat, non leveraged assets. One side effect is sleeping well at night, especially for the late joiners, more will join. I like gold, it could go 4x from here, I like BTC, could go to the moon from Here. I like Uranium, silver, copper, oil, and yes a bit of trashy fiat is good too, think optionality, and debasement the price to pay for optionality. I listen to and respect the smart ones, may the be kiddos, genXers or the boomers who have been through wild times and have grown stronger, wiser, and yes, richer. Wisdom over ego.

Amen💯

The answer is nobody really knows to both of those questions. The US doesn’t even know how much good it even owns.

What is Optimism.

BTC looks to have topped compared to gold.