What is the difference between devaluing the dollar and repricing gold? Are they not the same thing? Do you think Trump will reprice gold? If so, then should you rotate some of your btc profit at cycle top into PAXG, and after the repricing, buy back your position and off ramp the difference?
Totally agree. I think he's great. He was an influence on me allocating physical. Like Mike Maloney alot too. They're good folk at heart these gold bugs.
Well, he did say he was going to fire Gary Gensler on his first day in office, to a rapturous cheer! So he repeated it and got an even bigger one!
When he said he'd bring an end to Chokepoint 2.0 the crowd cheered again, and in the clip I viewed, the camera cut and we saw Caitlyn Long arm waving support for that in another huge cheer.
I was surprised at all the people he just reeled off, that are part of the community, all improv'd, not scripted.
It was a bit cringe at times when he mentioned partisan politics, but I thought that he actually showed quite a good knowledge of bitcoin and those involved in influencing its adoption.
So got into the home office to Slack into work and blinked at my BlockclockMicro and thought it read $56000... But after I put my glasses on, realised it was $59420. :)
Is btc really going anywhere now that ETF's are approved? Why wouldn't it just keep its current $42-$43 channel as plenty of liquidity to meet demand, and nearly all new demand comes through the ETF's. Could this go on for months and months? Could Blackrock et al simply up their fees whever they want to dampen demand? And obviously reduce them when they fancy increasing demand?
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