Countdown to 2021: Top 10 Mainstream Bitcoin Video's of 2020

This is one of the best videos on Bitcoin for newbies to watch. You don't have to know all the details--you just have to know who's on the bus, and why they're on

M1 and M2 Data Merging

Despite assurances from Fed Chair Powell that the Fed will become more transparent, the central bank is actually becoming more opaque with their monetary policies. They are preparing to gin up the printing press to infinity. We should prepare for this in parallel.

Question this at your peril. Good luck to all of us. #hyperinflation

https://investmentresearchdynamics.com/the-fed-is-about-to-go-weimar-gold-and-silver-will-soar/

Minimum Wage vs. Gold Comparison

This is why too much money printing makes most people poorer. The dollar is getting destroyed and wages aren't keeping up.

Plus ça change: A French Lesson in Monetary Debauchery

Beware the Assignats.

https://realinvestmentadvice.com/plus-ca-change-a-french-lesson-in-monetary-debauchery/

Crypto’s Reverse-Minsky Moment

https://omid-malekan.medium.com/cryptos-reverse-minsky-moment-3d744ca9d98f

Bitcoin Surges To New Record High Near $29k Amid "Liquidity Crisis"

Bitcoin is not in a bubble. Applying technical analysis and reading chart patterns alone on Bitcoin will bankrupt you.

https://www.zerohedge.com/crypto/bitcoin-surges-new-record-high-near-29k-amid-liquidity-crisis

Former Fed Chair Burns Memo to President Ford

Governments manipulate markets--especially precious metals, to maintain power.  Conspiracy theory?  Think again.

http://www.gata.org/files/ArthurBurnsLetterToPresidentFord-June1975.pdf

Greyerz Just Warned The Death Of Money Will Now Accelerate

https://kingworldnews.com/greyerz-just-warned-the-death-of-money-will-now-accelerate/

Why Does Bitcoin Have Value?

This is a great article on Bitcoin, much better than my attempt to explain it in 2013.

https://www.aier.org/article/why-does-bitcoin-have-value/?fbclid=IwAR3G-L4zR66YIh2hF7oHuLnegWmoPs-_ygwmVx3FfYi9K--PXLBVJT9bg0Q

Falsifying Stock-to-Flow As a Model of Bitcoin Value

Eigenvalues are not proof-negative that the Bitcoin stock-to-flow model is legit. Translation: the price of Bitcoin will inevitably go higher over time.

https://medium.com/coinmonks/falsifying-stock-to-flow-as-a-model-of-bitcoin-value-b2d9e61f68af

Crypto will be useful but Bitcoin is hard to understand, says SoftBank CEO

In the Misdirection category, the title of these articles about the Softbank CEO implies that he is not a fan of Bitcoin.  However, I have personally seen first-hand one of Softbank's huge Bitcoin mining farms.  It's not in China, not in Japan, but in good ol' Texas (I cannot reveal the exact location).  These mining farms cost north of $150 million to build.  The data centers are clustered over 100 acres.

https://cointelegraph.com/news/crypto-will-be-useful-but-bitcoin-is-hard-to-understand-says-softbank-ceo

60% of Bitcoin is Held Long Term as Digital Gold. What About the Rest?

https://blog.chainalysis.com/reports/bitcoin-market-data-exchanges-trading

Greyerz – Silver Will Have To Hit $950 To Equal The 1980 High

 

https://kingworldnews.com/greyerz-silver-will-have-to-hit-950-to-equal-the-1980-high/

THE MADNESS OF CROWDS, THE SANITY OF GOLD

 https://goldswitzerland.com/the-madness-of-crowds-the-sanity-of-gold/

Alasdair Macleod – Look At What The Wealthy Are Doing As Gold & Silver Prices Plunge

https://kingworldnews.com/alasdair-macleod-look-at-what-the-wealthy-are-doing-as-gold-silver-prices-plunge/

Multiple Banks are Bullish on Gold and Silver

A consensus usually makes me nervous, as groupthink can often be wrong.  But investment and commercial banks are seeing what's painfully obvious:  money printing by central banks is on steroids.

Gold price to surge past $3,000 says Bank of America:  https://www.mining.com/gold-price-to-surge-past-3000-says-bank-of-america/

Goldman Sachs says gold will surge another 20% and hit $2,300 in the next year, driven by rock-bottom interest rates:  https://markets.businessinsider.com/news/stocks/goldman-sachs-raises-12-month-gold-forecast-2300-per-ounce-2020-7-1029437936#

Could Investing in Gold Add a New Dimension to Your Portfolio?  https://www.morganstanley.com/articles/investing-in-gold

UBS ‘very bullish’ on gold as bank expects bullion price to surge higher:  https://www.rt.com/business/501002-gold-price-bullish-ubs/

Silver to Benefit From Global Solar Surge. It’s Time to Buy Again, Goldman Sachs Says.  https://www.barrons.com/articles/silver-to-benefit-from-global-solar-surge-its-time-to-buy-again-goldman-sachs-says-51602513824

Biden's 'green stimulus' would send silver soaring to $50: Bank of America:  https://www.foxbusiness.com/markets/biden-green-new-deal-silver-prices-bank-of-america

Jobs Friday (and Its Effect on Gold and Silver)

 I posted this on September 1, 2017 regarding "jobs Friday."  It's still relevant today, even as gold and silver plummet on the Thursday before Jobs Friday tomorrow.

My letter to clients:

I posted this two days ago on Facebook and LinkedIn, and it's a shared memory from September 1, 2017.

Shorting the precious metals complex worked 80% of the time on Jobs Friday.

3 Years Ago

See Your Memories

"Jobs reports came out today, specifically nonfarm payrolls. Which probably means the manipulators are going to monkey-hammer gold and silver down. And if they don't, that means they've lost control of the physical markets, which will happen at some point. Probably not today tho. The conventional wisdom is if the jobs picture is rosy, that means the economy is healthy which results in a strong dollar. Hence, gold should drop. The real reason is it gives the bullion bank cartel an opportunity to collusively plummet gold by swarming the COMEX exchange with sell orders. If a trade is that predictable, you know the market is rigged."

Today is Thursday, September 3, 2020, and gold and silver are already hammered.  Could the Big Shorts be front-running the normal Jobs Friday bear raid?  Perhaps, so I went long today, and looking to go long more tomorrow if further drops occur.  BTFD.

Again, gold and silver usually get hammered on the first Friday of every month by the Big Shorts who manipulate the futures and spot markets.  It's a collusive group who are being prosecuted by the Department of Justice, and in some cases, under RICO statutes.  The DOJ has declared the JPMorgan metals trading desk a "criminal enterprise" in other words.  Other banks have also been paying fines and "cooperating" with the DOJ, presumably to avoid jail time.  THIS IS NO LONGER CONSPIRACY THEORY, BUT FACT.

https://www.bloomberg.com/news/articles/2019-09-16/jpmorgan-s-metals-desk-was-a-criminal-enterprise-u-s-says 

https://www.bloomberg.com/news/articles/2020-02-05/jpmorgan-s-role-in-metals-spoofing-is-under-u-s-criminal-probe

These investigations are targeting mid- and low-level traders spoofing markets.  They really don't address the larger issues:  these bullion banks are acting on behalf of the Fed and other central banks to surreptitiously suppress gold and silver prices.  These manipulations are coming from the top of the food chain.  It is also happening in the Bitcoin COMEX futures market, as the former CFTC publicly admitted.  We definitely live in strange (and treacherous) times. 

Remember:  history doesn't repeat, but it often rhymes.  This plunge in prices from the precious metals complex occurs approximately 80% of the time, so it is not random.  If folks are catching on and front running the move, the trade may lose its effectiveness on Jobs Friday and is now occurring the day before.  In any case, today and tomorrow may be good opportunities to add to your long positions.

Good luck to all!

Greg

Gold Seasonality

 

COMEX Silver in September

 https://www.sprottmoney.com/blog/COMEX-Silver-in-September-craig-hemke-august-25-2020

Gold Pressures Empire

 https://www.zerohedge.com/geopolitical/gold-pressures-empire

BUCKLE UP: This May Trigger A Massive Move Higher In The Mining Stocks

https://kingworldnews.com/buckle-up-this-may-trigger-a-massive-move-higher-in-the-mining-stocks/

AG Barr to the rule of law rescue?

 https://dkanalytics.com/ag-barr-to-the-rule-of-law-rescue/

Gold Prices Show There's a "Big Short" Going on in Official Currencies

 https://mises.org/wire/gold-prices-show-theres-big-short-going-official-currencies

40 ‘invaluable’ investing lessons from Tony Deden

 https://www.investorsingh.com/40-invaluable-investing-lessons-from-tony-deden/

When to Exit Precious Metals Equities

When mining shares reach a P/E of 50, sell and rotate into utilities, which could be yielding 15%.

Precious metals mining equities are the last to enter into a bull market, and utilities are the first to enter into the next cycle.