Sam Laakso

Leading precious metals expert in the Nordics | CEO & Co-Founder at BASED @BasedLimited | Passionate about Monetary Economics and Gold

[Sam Laakso @SamLaakso]

Exciting news! After months of hard work, I am thrilled to announce the launch of BASED—a company grounded in data-based solutions.

Read more from my LinkedIn post below👇

https://t.co/MZTVjbVklx

[Harri Huru @ostanasuntoja]

On sellainen ohje, että on hyvä jakaa tietoa bitcoinista ja huono jakaa tietoa omistaan. Sen verran jaan, että aseella uhaten ei pääse käsiksi.

@SamLaakso oli Ostan Asuntoja Podcastin vieraana 1. kerran 2019 kertomassa kullasta🙏🏼. Muutama vuosi sitä ennen olin heittänyt perinteiset talousoppikirjat roskiin, opettelin kaiken uudestaan ja otin kiinteät korot kaikkiin 0-korkoisiin lainoihin.

Blogissani olen jo vuosia kertonut, että allokoin vuokraustoiminnan kassavirroista osan vastapuoliriskittömiin omaisuuslajeihin oletuksella, että jonain päivänä niitä voi käyttää eurolainojen vakuutena, kun pankkisääntelijät menettää järkensä. Molemmat on nyt toteutuneet. Vastuullinen @Vuokranantajat suunnittelee pitkällä aikajänteellä likviditeettinsä, jottei asiakkaiden kodit mene asumiskelvottomiksi, kun tomppelit päättää, että nyt et saa lainaa korjata kylppäreitä meidän pankissa vakuutena olevissa asunnoissa.

[Sam Laakso @SamLaakso]

A lot of fuss about $MSTR's NAV discount while it's just the market pricing in a liquidity discount for the stock.

What people don't seem to grasp is that the Bitcoin market's liquidity could not absorb any meaningful sales from MicroStrategy without a double digit decline in Bitcoin's price — not to even mention the negative sentiment impact from MSTR turning from a buyer to a seller.

There's also a case to be made about whether the rally in Bitcoin over the past two years has been by and large driven by MSTR's purchases.

[The Kobeissi Letter @KobeissiLetter]

This is absolutely insane:

MicroStrategy's market cap is now worth $10 billion LESS than their Bitcoin holdings.

MicroStrategy, $MSTR, is down -12% today and -57% since October 6th.

This puts the company's market cap at $45 billion.

Meanwhile, MicroStrategy holds 650,000 Bitcoin worth $55 billion.

In other words, MicroStrategy's market cap is now trading $10 billion BELOW the value of their Bitcoin holdings.

Even if you subtract MicroStrategy's current debt pile of $8.2 billion from their current Bitcoin holdings, they still hold $46.8 billion worth of Bitcoin on a NET basis.

MicroStrategy's NET Bitcoin holdings are still $1.8 billion ABOVE their current market cap, not including any cash on their balance sheet.

Can Saylor keep buying?

[Ray Dalio @RayDalio]

"I promise to not raise your taxes" and "I promise to not cut your benefits" are the two popular political promises that are inconsistent with the much more needed promise "I promise to cut the budget deficit to about 3 percent of GDP" that is required to prevent a big debt/dollar crisis. There is no way that the deficit/debt bomb problem can be sustainably dealt with unless there is a mix of tax revenue increases and spending decreases that are determined in a bipartisan way. Our representatives in Washington, DC, both Republicans and Democrats, know this is true. They understand the need to reduce the deficit by having those from both sides chip in a bit (e.g., a 4 percent increase in tax revenue and a 4 percent spending cut) which would lead to a supply/demand balance improvement for US debt which in turn would lower interest rates. Lower interest rates would help reduce the budget deficit as well as help the markets and the economy. But because politics have become so absolutist, they feel they can't go down this obviously best path because both their constituents and their parties will throw them out of office if they explored this more balanced approach. To me, that’s a tragedy.

[Sam Laakso @SamLaakso]

@jackschwager @VolatilityVIX would be a great guy. Highly appreciated expert in vol trading.

[Sam Laakso @SamLaakso]

@VolatilityVIX Or adjust position sizing.

[Sam Laakso @SamLaakso]

@hamptonism Repetition + listen to your speeches afterwards. This way you can hear how you sound, get rid of your filler sounds (the 'ums'), and improve the clarity of your message. It may not be pleasant, but it's well worth it.

[Sam Laakso @SamLaakso]

Got a nice T-shirt #principles

Thanks @RayDalio!

[Sam Laakso @SamLaakso]

S&P 500 volatility VIX > 20
Gold volatility GVZ < 17

S&P 500 down, gold up 🌚

[Sam Laakso @SamLaakso]

@MichaelAArouet There are almost no limited mobile data plans in Finland. Virtually all plans are unlimited data at around 20-35€ per month for 4G or 5G. Would be a bit weird here not to have unlimited data 😄

[Sam Laakso @SamLaakso]

Newly listed junior mining and exploration companies in TSXV

#gold #silver #uranium

[BASED @BasedLimited]

BASED congratulates CERRO DE PASCO RESOURCES INC. $CDPR, PTX METALS INC. $PTX, and HOMELAND URANIUM CORP. $HLU on their recent TSX Venture listing!

Get free updates on newly listed mining and exploration companies from the BASED Listing Tracker 👇

https://t.co/LfNV21tgGL

[Sam Laakso @SamLaakso]

RT @BasedLimited: BASED congratulates CERRO DE PASCO RESOURCES INC. $CDPR, PTX METALS INC. $PTX, and HOMELAND URANIUM CORP. $HLU on their r…

[Sam Laakso @SamLaakso]

Thrilled to announce that BASED and Saxo Bank have partnered up!

The partnership will support our hedging consultancy business and provide our clients with access to Saxo's VIP services and fast-track onboarding. Learn more from the link below.

https://t.co/DqzfxFxkSc

[Sam Laakso @SamLaakso]

@AleksiReito @RoniArvonen @MatsUotila @bingatupamaki Koronapassi otettiin käyttöön 16.10.2021 ja sairaanhoitajilta vaadittiin koronarokotukset 1.1.2022 alkaen. Kaukana keväästä 2020.

[BASED @BasedLimited]

The latest BASED Gold Report is live! 📈

Unlock smarter decisions in the #gold market with our data-based insights.

👉 https://t.co/MD5U5BZG2p

[Sam Laakso @SamLaakso]

You're welcome @JuhoJarvela!

Great to see people find BASED Listing Tracker useful

Check it out if you're a mining investor 👇🏻
https://t.co/YP4Cit3Rux

[Juho Järvelä @JuhoJarvela]

Got introduced to a very useful tool just now 👇

@BasedLimited lists all the IPOs, RTOs and newly listed companies and sends them to my inbox once a week or month

Been waiting for something like this ever since I started investing in mining! Thanks guys!

[Sam Laakso @SamLaakso]

Literally

https://t.co/VNT0bnaSZ2

[Sam Laakso @SamLaakso]

We're built different

[BASED @BasedLimited]

The latest BASED Gold Report has been published 🔥🔥🔥

Subscribe to get your data-based edge on the #gold market.

https://t.co/MD5U5BZG2p