Author Topic: Money/inflation, the Fed, Banking, Monetary Policy, Dollar, BTC, crypto, Gold  (Read 520809 times)

ya

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BTC halving schedule and mining rewards. Absolute scarcity is coming in a few years. It would not be wise to sell your entire stack, knowing whats coming over the next decade.



Crafty_Dog

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We live in interesting times!

ya

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Each time BTC has closed for 2 months over the upper Bollinger band, it has doubled over the next few months. Interesting times ahead


DougMacG

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Re: Money/inflation, Scott Grannis featured in CTUP newsletter
« Reply #2953 on: April 09, 2024, 06:52:43 AM »
Regarding the inflation forecast debate, I add my view:

Whether double digit or high single digit inflation is coming or more moderate rounding to 4 or more per cent per year compounding inflation is coming, it is still criminally reckless negligencebeing committed by our policy makers in my view. (With blame going back to the voters.)

In my view the "2% inflation target should be 0.2%. The 2% target that hits actual averages close to 4% long term is destroying our currency and destroying our country.

"During the observation period from 1960 to 2022, the average inflation rate was 3.8% per year. Overall, the price increase was 903.96%."
https://www.worlddata.info/america/usa/inflation-rates.php#:~:text=During%20the%20observation%20period%20from,the%20price%20increase%20was%20903.96%25.

The Fed is enabling the Confessional spenders.

Under what economic theory can we spend 40% more than we take in, only getting worse, borrow and or print the difference, interest costs going up exponentially, and this has a 'soft landing'? How? Where? When?

I realise they are only forecasting this calendar year, but this calendar year, other than an election, includes no long term course correction. And the promises being made in the election preclude a major course correction after.

What I'm asking is, what part of unsustainable don't the experts, even on our side, not understand?

Or am I wrong, 'everything is fine Doug'.
« Last Edit: April 10, 2024, 07:04:25 AM by DougMacG »

Crafty_Dog

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I just signed up.

ya

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Hong Kong BTC ETF expected to trade by end of this month. This will bring a lot of Chinese money.

https://cryptonews.com/news/hong-kong-poised-to-unveil-first-spot-bitcoin-etfs-on-april-15.htm

ccp

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reports are they are buying and raising the price of gold up the wazoo.

will they do same for BTC?

DougMacG

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Hong Kong BTC ETF expected to trade by end of this month. This will bring a lot of Chinese money.

https://cryptonews.com/news/hong-kong-poised-to-unveil-first-spot-bitcoin-etfs-on-april-15.htm

More sales, more demand, but they aren't increasing the supply...

Crafty_Dog

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So gold's surge is due to increased Chinese demand?  Interesting.

ya

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The Yen, US Bond Rates, and BTC
« Reply #2959 on: April 11, 2024, 04:31:26 AM »
Here's a good explanation of why the Yen is important for US Bond rates and BTC.

https://twitter.com/stackhodler/status/1778359505601908930
« Last Edit: April 11, 2024, 07:45:55 PM by Crafty_Dog »

ya

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aka, US shot itself in the foot. Who's winning now ?. The rise of gold portends lack of confidence in govt.



and then see how BTC does wrt to Gold

« Last Edit: April 12, 2024, 05:11:59 AM by ya »

ccp

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BTC
« Reply #2961 on: April 13, 2024, 02:04:39 PM »
~61 ?

ya

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ya

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Crafty_Dog

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Not seeing any content in your last two posts.

ya

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I posted 2 images, nothing critical.

Crafty_Dog

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No worries, but FYI this is not the first time.

ya

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Are others seeing the images I just posted ?. Looks like a browser problem, because the images look fine to me.

ya

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delete
« Last Edit: April 15, 2024, 03:57:31 AM by ya »

ccp

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I see 2 images

one shows Paul Revere warning Colonists that halving is coming

and another that shows us throwing gold to CCP while we get back our paper $$$.

Crafty_Dog

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OK, I will have to look into my browser after I get back home to NC late tonight.

Crafty_Dog

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VIX over 18, was over 19  (was down in the 12s not so long ago)
Silver over 28
Gold over 2400
10 yr. bond:  4.67%
30 yr. bond:  4.75%
BTC down to 62,000

It would appear gold & silver retain something of their quality as a hedge against geopolitical risk, whereas BTC seems not to-- even with the halfing but days away , , ,

ya

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The pullback at this time, close to the halving is a well known phenomenon (15-30 %). Happened the last 3 times. It takes a few months for the reduction in supply to have an effect.
https://youtu.be/i1RGsduLxJ4

ya

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ya

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No BRICs currency
« Reply #2974 on: April 19, 2024, 04:51:29 AM »
« Last Edit: April 19, 2024, 08:50:14 AM by Crafty_Dog »

ya

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BTC is supposedly not going up fast enough, but we were at 8.5K at the last halving, this time we were nearly at 64 K. No one who has held BTC for 4 years has been at a loss.



ya

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This presents a different angle. Choose your number, as to how how high BTC goes this cycle. Blue, Red or Green line (previous BTC runs after the halving). This time we have the institutions joining in, Hong Kong going live with in kind BTC ETF this month for capturing Eastern money flows, countries starting to buy/mine BTC.


ya

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ETF flows have been consolidating.



ya

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If this is approved, thats likely the end of the US $ as global reserve currency. Why would any nation hold US $/Treasuries if it can be confiscated. The world already lost trust, when we kicked Russia from transacting on SWIFT. This is good for BTC and gold.


Crafty_Dog

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If what is approved?

ya

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To confiscate Russian assets, the bill must be approved in the Senate too.

Crafty_Dog

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I see the meme now.

Surely we live in interesting times , , ,