Recent content by Arden

IMO it's also worth considering the cost of housing in relation to bitcoin: That pic is obviously old. That 2024 house would now only cost about 4 BTC.

As Lyn Alden likes to say...

I didn't say total self-sufficiency couldn't be done. I wasn't even saying it couldn't be done quickly. If you're ok with going back to the Dark Ages, you could do it overnight. The US absolutely has the capability to become a completely self-sufficient medieval country right now. All you...

Back when everyone was first talking about the whole "onshoring" idea, I liked the concept until I read a few articles about what it would take and how it would actually work out. The takeaway was that it's literally impossible as things stand now. Our entire society is so fundamentally...

Nada. I mean im almost entirely in BTC, silver, gold, and a few miscellaneous things. Took a hit with BTC like everyone but nothing realized. And im not stupid enough to sell and realize it. It will be right back up at ath soon. The thing about the current scam is that it's super...

So much rampant insider trading bullshit going on now. Corruption through the roof.

Not sure how it can be a prequel to IT if it begins in the 1960's, considering the story for the original novel began in the 1950's. That said, if you read the book there is a ton of room for other IT stories: the trapper, the Black Spot, the shootout. But AFAIK, nothing happened in Derry in...

I keep hearing rumors about things like "a US Gold backed 50y treasury bond." Would also be curious as to why you think Mag 7 isn't a safe haven? Not saying I disagree- just curious about your logic.

I actually agree with you, but tbf, "nothing" is exactly what they have been doing to this point. But I agree, it isn't sustainable, and all the signs of a sea change are there.

Fair enough. I guess I probably treat btc a little differently than I treat pretty much any other investment. I have other crypto holdings im 💯 going to take profit from, just not btc.

I've had the same thought sometimes but always end up dismissing it. Imo taking profit makes sense if: 1. You have a specific purpose for the profit you take- like a house down-payment . 2. If you think BTC is going to crash near term. Neither apply to me, so I always just hold onto my BTC...

Almost felt like "they" were just waiting for the calendar to turn. Seeing lots of fairly convincing stats showing BTC is currently underpriced by 50-60k. That's *currently* underpriced- i.e. not factoring in new inflows that will likely happen this month. Would be surprised if we're...

You mean buy that for the rebound, I assume? Initially, you'd probably lose quite a bit of money with SPMO when the market first drops (assuming you were already invested).

Pretty much what I was thinking. Keep it simple: gold, a couple defense ETFs, a couple energy ETFs. I like BTC a lot for the inevitable rebound, but can't imagine it will escape getting dragged down (initially) with tech stocks. That said, I have no plans to sell what I have, and I am keeping...

So... supposing I thought that a shooting war bt Russia and NATO was imminent... In this completely theoretical scenario, where am I stashing my money? Gold, certainly. XLE? FCG? PICK? ITA? SHY?