I Understand The Need For Monetary Policy Based On Sound/hard Money. Gold And Silver Have Had Value Since
I understand the need for monetary policy based on sound/hard money. Gold and silver have had value since the beginning of human civilization. Gold is entropy resistant -- in terms of the physical properties of the element and it's capacity as a store of value. I also see money as energy. I believe the way man cooperates with fellow man (economic productivity) should be closer aligned with that which is thermodynamically sound. Why?
Because these are extraordinary times:
-Interest rates are the lowest they've ever been in 5000 years...
-A solid amount of the world is still ZIRP and NIRP.
-"Global" monetary policy warrants the use of fiat--a form of currency that has a proven track record of failure and replacement over a 1000 year timeframe.
-QE has significantly widened the divide in terms of socioeconomic stratification.
-The Lorenz Curve combined with the Gini Coefficient post-1971 are a strong indicator of fiat driven income inequality/currency instability.
-Free markets have morphed into unofficial central bank-managed markets.
-The largest asset bubbles in history are taking place right now.
-Zombie Corp Planet. That's it. That's the point.
-GLOBAL DEBT IS OUT OF THIS WORLD.
-Since the creation of the Fed in 1913, the purchasing power of the dollar has been significantly depleted.
-Fiat currency embraces monetary entropy and environmental degradation. Looks something like this:
-Fiat encourages spending rather than saving due to it's perpetual depreciation->leads to epic consumerism->leads to increase in garbage + pollution->environmental degradation
(fix the money to help fix the environment)
-Why fiat? A contributing factor is that those closest to the printing press can QUICKLY exchange fiat for an appreciating asset and grow their personal net worth. (Example: STOCKS)
More Posts from Offworldertrading and Others
Evaluation Week:
Today's big winner from watchlist is AEMD. Rose over 30%. Snap taken near HOD.
Almost didn't post this because saying it somehow feels scammy, but the antimatter bomb that was IBIO literally moved light-years over 1000% since I posted it in the previous watchlist.
Finding stocks in heavy accumulation ranges really is life.
Unreal.
My business made multiples in 2020 despite rookie energy, a global economic meltdown, and a pandemic.
I'll take what are the positives for a thousand.
The way I see it, Bitcoin needs to hold above 10150 from where it is now to continue that beautiful, historical upward trend. Another shake out is possible, but it would have to rocket even higher to maintain trend. Will revise if necessary.
Either way keep your bags packed. We're still going to Mars.
Swing Watchlist 0002 [01-06-20]
HUSA JOB NBRV HEXO MITO SDRL
SPPI VSTM SENS HOME PTE
I don’t care what they say. I don’t care what you say. I know what’s in my heart. I know what I came to do. I know what I’m capable of. Speed bumps be damned, I stay the course.
Trust.
Today an antimatter bomb detonated with a name etched into its side. It read: ADAP.
This world killer reached a pinnacle of +339% since my last watchlist post. Was up over 50% pre-market and maintained tight moving average compression in that bull flag into the opening. The catalyst was “positive news,” but we know the best indicator is accumulation. A true offworlder.
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AEMD rose another +43% today as well. Absolutely beastly, mate.
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JILL caught a bid pre-market pushing it over 25% before catching all kinds of fades.
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AKRX rose over 15% today.
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HEXO is up over 11% today.
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And HOME is up over 12% right now.
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