In the end I believe they will be the ONLY thing left standing, that's common sense. BITCOIN remains suspect because no one will ever hold a BITCOIN plus BITCOIN by itself cannot exist without other factors.
What I think would be an interesting study would be to learn how many believe in BITCOIN but not God!
"For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful! I have instructed my Secretary of the US Treasury to stop producing new pennies. Let's rip the waste out of our great nations budget, even if it's a penny at a time," Trump wrote on Truth Social.
Trump is entirely correct about the rising costs associated with coin production. Last year, the US Mint's annual report revealed that it costs 3.69 cents to produce and distribute a penny, resulting in a loss of 2.69 cents per coin for the federal government.
As of last year, about 250 billion pennies were in circulation in the US, equivalent to about 700 per person.
The US Mint's total loss on the year for pennies was about $85.3 million.
Don't tell Trump and the DOGE team, but the nickel costs about double its face value to produce and distribute.
In 2011, Kyle Bass recognized that the metal in a nickel coin was worth well above its face value. He stated then, "I just bought a million dollars' worth of them."
The stock market's recent climb to new heights is now looking like an airplane about to stall out. The downward pull of gravity hasn't changed only the forward velocity of the airframe and consequent loss of lift of the wings. Greg is correct in suggesting the next natural and understandable phase... a loss of altitude... a wild ride down for a while... hang on everyone... don't get air sick all over others...a possible crash (but not likely)...load up your airframe with very heavy Au and Ag and see what happens.
They are stalling while they are trying to move as fast as possible. It does look like they are doing "good", but once the honeymoon is over. People will realize stagflation might be the best possibility. Other than a constitutional money system that aint gonna happen. Trade for actual nickels and junk silver, too.
What about if The Duck's upcoming peaceful moves to safeguard Christian truths and values across the planet completely reinvigorate the military industrial base and by extension the whole U.S. economy? USD $??? The fake stock market as well at least for a short term? No war.
You're correct but, you have to think like a criminal. Stocks are basically a wealth transfer mechanism. So if they temporarily dilute the currency by borrowing from the discount window, and can get the 401k folks, and the pension folks to buy these overvalued deals, they then return the funds back to Jerome. If they have enough of the currency transferred to them and then there is a 1000 to 1 currency reverse split, ya know, a reset, they are still.okay but everyone else sitting in fiat is screwed. That's the entire exercise.
Gold and silver seem like the only solid bet right now
In the end I believe they will be the ONLY thing left standing, that's common sense. BITCOIN remains suspect because no one will ever hold a BITCOIN plus BITCOIN by itself cannot exist without other factors.
What I think would be an interesting study would be to learn how many believe in BITCOIN but not God!
How do you feel about cryptocurrencies for the long run though?
I’ve been holding them for years and I plan to continue holding them indefinitely. At least BTC and XRP. But I expect steep drops along the way.
I know what to do ... let's start a war, that will fix it.
No war is necessary or even affordable in real money. Check the graphs that use Bitcoin as the unit of account.
Lol Mike, he's joking. Its hyperbole. "When all else fails they take you to war." Gerald Celenti
Good call Gerald Celenti 😄☺🤟🏻
The door to the stock market needs to close permanently.
you meant casino
S&P 500 is staying near its record lows in real money. So is gold.
https://www.zerohedge.com/economics/trump-instructs-treasury-secretary-stop-minting-pennies-citing-wasteful-spending ---- President Donald Trump directed Treasury Secretary Scott Bessent on Sunday night to halt the minting of new pennies, citing "wasteful" spending as coin production costs soar.
"For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful! I have instructed my Secretary of the US Treasury to stop producing new pennies. Let's rip the waste out of our great nations budget, even if it's a penny at a time," Trump wrote on Truth Social.
Trump is entirely correct about the rising costs associated with coin production. Last year, the US Mint's annual report revealed that it costs 3.69 cents to produce and distribute a penny, resulting in a loss of 2.69 cents per coin for the federal government.
As of last year, about 250 billion pennies were in circulation in the US, equivalent to about 700 per person.
The US Mint's total loss on the year for pennies was about $85.3 million.
Don't tell Trump and the DOGE team, but the nickel costs about double its face value to produce and distribute.
In 2011, Kyle Bass recognized that the metal in a nickel coin was worth well above its face value. He stated then, "I just bought a million dollars' worth of them."
The stock market's recent climb to new heights is now looking like an airplane about to stall out. The downward pull of gravity hasn't changed only the forward velocity of the airframe and consequent loss of lift of the wings. Greg is correct in suggesting the next natural and understandable phase... a loss of altitude... a wild ride down for a while... hang on everyone... don't get air sick all over others...a possible crash (but not likely)...load up your airframe with very heavy Au and Ag and see what happens.
Spot on Greg. I believe Edward Griffin wrote about the LW of Diminishing Returns in section 2 of The Creature.
That's why I own the domain name earl.bitcoin ... YES it's a joke and it is on us
The music is over
THANKS FOR THE UPDATE
Definitely not good…
Fire up the printing presses overdrive
fire some missiles
https://marketsanity.com/david-hunter-market-crash-coming-second-half-of-2025-gold-to-soar-to-3400/ ---------- 20TRILLION TO BAIL OUT THE FINANCIAL INSTITUTIONS THIS TIME - KISS THE DOLLAR GOODBYE IF HE IS RIGHT
They are stalling while they are trying to move as fast as possible. It does look like they are doing "good", but once the honeymoon is over. People will realize stagflation might be the best possibility. Other than a constitutional money system that aint gonna happen. Trade for actual nickels and junk silver, too.
What about if The Duck's upcoming peaceful moves to safeguard Christian truths and values across the planet completely reinvigorate the military industrial base and by extension the whole U.S. economy? USD $??? The fake stock market as well at least for a short term? No war.
I am all in on silver.
You're correct but, you have to think like a criminal. Stocks are basically a wealth transfer mechanism. So if they temporarily dilute the currency by borrowing from the discount window, and can get the 401k folks, and the pension folks to buy these overvalued deals, they then return the funds back to Jerome. If they have enough of the currency transferred to them and then there is a 1000 to 1 currency reverse split, ya know, a reset, they are still.okay but everyone else sitting in fiat is screwed. That's the entire exercise.
Woah. Can you make, like a cartoon meme of this scandal? You summed it up so well.