Some important context for the $800 gold peak in 1980 that Jim Simons talks about in the great 5-minute clip below (h/t @BenjamDavies):
Gold would have to be $48,000/oz to equal its 1980 valuation relative to US foreign held USTs of 135%.
Today that % is 12%👇
Following the Commission's vote today, the SEC and Ripple formally filed directly with the Second Circuit to dismiss their appeals.
The end…and now back to business.
After Senator Cynthia Lummis canceled a meeting with Ripple CEO @bgarlinghouse, @cowboycrypto313 suggested that Lummis may be shaping cryptocurrency policy to favor Bitcoin because of her family’s involvement and funding ties. https://t.co/GLkDgolB84
BREAKING NEWS
THE BANK OF ENGLAND WILL HIDE THE IDENTITIES OF ANY PENSION FUNDS, INSURERS OR HEDGE FUNDS BAILED OUT UNDER A NEW FINANCIAL STABILITY TOOL
You are reading this right.
We’re hiding technology from the world that will transform this planet. Superconductivity, plasma physics, and quantum mechanics unified with general relativity provide control over gravitation.
Superconductivity can provide current with zero voltage because there’s no resistance. Think about what that means. We can tap directly into zero point energy.
We’re so focused on stuff that doesn’t matter we don’t see what’s right in front of us.
The Zitterbewegung. Free Energy.
#Gold closed up $29 at a new record high $2,280. #Silver closed up $1.03 at $26.08. That's a 4% jump. #Oil gained $1.74, to $85.45. Surging precious metals and oil, plus rising bond yields is a dangerous combination, with ominous implications for the markets and the #economy.
Yesterday, SEC told a judge that she should consider a decision from another court without disclosing that the decision was a “default judgment”, meaning no one showed up to defend itself and thus, the relevant legal issue was never actually litigated. That’s bad faith.
🚨We have the Definitive, without any doubt at all, BURY THE FRAUDS OF ETHEREUM story. It is beyond Pulitzer Prize winning. It's as Historic and Ground Breaking as anyone will ever get. I'm the only one who can give it to you. Who wants it, and who deserves it? Tag them 👇
🌻
HOW MiCA WILL BE IMPLEMENTED:
The phase-in period for e-money tokens and asset reference tokens under the Markets in Crypto-Assets Regulation (MiCA) started in June 2023 and will end in July 2026 📆. During this phase, which lasts until December 2024, the full application of MiCA rules does not apply. Entities providing crypto-asset services can continue their activities if they apply for authorization before specific deadlines. For instance, issuers of asset-reference tokens (ARTs) can continue their activities if tokens were issued before June 30, 2024 📆, and they apply for authorization before July 30, 2024. Similarly, credit institutions that issued ARTs before June 30, 2024, need to have their white paper approved before July 30, 2024, to continue their activities. The transitional regime allows entities providing crypto-asset services to operate until at least July 1, 2026, or until they are granted or refused a MiCA authorization.
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Take note of these dates. Put them in your calendars.
There will be many stablecoins, exchanges, wallet providers that offer trading within it, and other operations to fail. Why? Because after July 2026 they will all require specific licenses to continue to operate. If the rest of the world follows this model you can expect a purging of companies.
💥💥💥💥
🚨🌎🇬🇧 Holy Crapballs
Did a former UK Prime Minister just call out the Deep State & Central Bankers?
Steve Bannon to Liz Truss - “are you a conspiracy theorist?”
Truss - “what I found was once I got to the top of the tree (UK Prime Minister) is that the Governor of the Bank of England COULDN’T be sacked - but the PM could”
Central Banks & those that own them have forever ruled the World - people are finally realising…….
VVIX/VIX finished the day below the Bollinger band. This signaled the start of the previous market bounce.
If we continue following the 2020 pattern it should be the 3rd (last) bounce. The trendline will be the reversal point where it collapses into September along with markets.
My documentary is nearly here 🥺 It was a deeply personal experience facing my past, and meeting those who are living with the very real impact of addiction. Tune in @bbcnireland Mon 28 Feb, 10.35pm and after on @BBCiPlayer ❤️ https://t.co/O5KJyP0Xes