So in the business I'm building a cash reserve and then in 2016 I get introduced to Bitcoin and the first things I'm thinking 21 million hardcap unconfiscatable you can send it anywhere in the world and then 2020 happens every prime minister and every president around the world came out and what I heard them saying was we will never allow another layman brothers style economic collapse to affect the vast majority of individuals. So if there's an economic shock, we will debase the currency and accelerate the ...

“60-year-olds have a tendency to buy gold and silver… and 60-year-olds are running most of the money.”Anthony @Scaramucci says on the Live Desk at @Consensus_HK that bitcoin hasn’t reacted to currency debasement as expected because institutional capital remains controlled by older investors who prefer traditional safe havens. ...

Many parallels between late Rome and America.Rome was an enormous egalitarian capitalist empire. Starting from an organic tribe, it expanded to conquer huge swaths of territory and assimilate countless foreign tribes under its system of laws.Then it gradually lost the distinction between the core and the periphery, by expanding the definition of citizenship (eg Constitutio Antoniniana in 212) and thus diluting it. Mass immigration to the imperial capital meant the Romans become confused about what Rome even ...

Group 1 - The article discusses the importance of understanding market dynamics beyond traditional metrics like P/E ratios, emphasizing the significance of demand and supply in stock valuation [1] - It highlights the author's investment strategy, which is a balanced portfolio of low-cost funds and individual stocks, with a long-term holding perspective of at least 10 years [1] - The author stresses the need to predict human behavior and market sentiment, indicating that these factors often drive stock performance more than fundamental numbers [1] Group 2 - The author is based in Geneva, Switzerland, and holds a Master's Degree in Business, which adds credibility to the insights shared [1] - The article reflects a personal investment philosophy that values ingenuity and curiosity, suggesting that successful investing may require going against prevailing market trends [1]

Market Overview - Gold and silver experienced significant declines, with spot gold falling as much as 6.3% and silver plunging up to 11.9% during Asian trading hours on Monday [1] - The previous session saw the steepest intraday loss on record for silver, indicating extreme volatility in the precious metals market [1] Investor Sentiment - Robert Gottlieb, a former precious metals trader, noted that market liquidity is constrained due to a reluctance to take further risks, suggesting that the market is currently crowded with trades [2] - The surge in precious metals prices was driven by geopolitical concerns, currency debasement, and the Federal Reserve's independence, with significant buying from Chinese speculators contributing to the rally [2] Chinese Market Dynamics - The behavior of Chinese investors in buying dips will be crucial in determining market direction following the recent selloff [3] - Despite a fall in the Shanghai benchmark price, it continues to trade at a premium over international prices, with increased retail demand expected ahead of the Lunar New Year [3][4] Price Movements and Economic Factors - The selloff was triggered by the nomination of Kevin Warsh to lead the Federal Reserve, which strengthened the dollar and negatively impacted gold and silver prices [5] - Precious metals were already facing extreme volatility, with a record wave of call option purchases reinforcing upward price momentum [6] Supply and Demand Factors - In the silver market, hot money inflows in China have led to domestic supply tightness, but this may ease as investment demand diminishes due to the recent price rout [7] - As of 12:15 p.m. Singapore time, gold was priced at $4,671.53 per ounce, down 4.6%, while silver declined to $78.86, a drop of 7.4% [8]

Crypto asset manager Bitwise debuted an exchange-traded fund on Thursday that offers exposure to cryptocurrency and precious metals, positioning the product as a way for investors to capitalize on the debasement of fiat currencies, including the U.S. dollar. The Bitwise Proficio Currency Debasement ETF, which trades on the NYSE under the ticker symbol BPRO, is issued in partnership with Proficio Capital Partners, a Boston-based investment advisory firm that manages around $5 billion in assets, according to ...

ShareDisclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpab ...

Everything becomes a casino when the money is destroyed.We will look back at the decision to pursue QE coming out of the Global Financial Crisis as one of the biggest monetary policy mistakes in history.Look around at zero day options, sports gambling, prediction markets, altcoins, and many more examples.You can blame the market participants, but they are merely following the incentives.The real blame lies with those who decided to debase the currency at an accelerated rate. ...

Core Thesis - Newmont Corporation (NEM) is positioned as an insurance policy against Federal Reserve policy, fiscal dominance, and currency debasement [1] Federal Reserve Policy - The Federal Reserve has made its position clear regarding liquidity and balance-sheet expansion [1]

Investment Allocation - Harvard University increased its Bitcoin investment to $443 million in Q3 [1] - Harvard University increased its gold ETF allocation to $235 million in Q3 [1] - Harvard University's Bitcoin investment is approximately 1.88 times larger than its gold ETF allocation [1] Market Sentiment - The market interprets Harvard's investment strategy as a bet on currency debasement [1] - The market notes Harvard favors Bitcoin over gold at a roughly 2-to-1 ratio [1]