MIchael Saylor is obviously an exceptionally intelligent man but these comments and predictions per " Bitcoin - Uber Alles " are really starting to serially piss me off - talk about not being able to see the wood for the tree's . May be though it's that ' Elon ' has already managed to get one of his neural links embedded into ' Saylor ' and he's simply being operated via remote control by some Geek in one of the Blob's command posts ..??
Have you ever noticed that despite all these "statements or phrases" (myths) that Saylor comes out with NOBODY ever asks him to justify himself. NEVER🤷🏻♂️ He just comes out and says "Bitcoin is money, everything else is credit" and that's it. The world according to the Saylor says so, so it's just accepted as so. I would like to see someone say how, where on earth did you get that from. Please, explain that to me like I am a three year old 🤔
Some of the bullion dealers accept Bitcoin for payment. Isn't that crazy? So far they've made a fortune, like never before in history though. Myself, I'd be scared by a never before in history type of scenario.
This and the previous ' Double Act ' interviews you've done with Michael Oliver have been brilliant ,
hope to see more of these + would very much like to see DAVID JENSEN feature in any future thought sper future Double Act's that may be in the planning .
When my father took us to the San Francisco Mint in 1976, the tour guide explained about the issues of pilfering by employees, back in the Guilded Age, or around that time.
An unnoticeable way was the press workers getting as much gold dust as they could into their hair throughout the work day. Then carry it home a little bit at a time that way.
But I don't think anybody would be able to break into Fort Knox, like in the James Bond movie, to take a whole ton.
The ' They ' don't need to " break in " when the security guards are all there saying yes sir - no sir and opening up everything for them ...and then loading vast quantities onto rail road cars destined for who knows where . And it's nut just " A Whole Ton " which if only that would be hardly worth the effort ....time to think bigger ...much , much bigger ..!!
How can the governments reduce their outstanding currency held by various entities including public (assuming no default on T bills etc and no forced conversion to a new currency).
When entities sell, they will either allow their monies lie in the Banking system, awashing the system with liquidity...leading to reduced rates..(and probably again inflating asset prices) or they will invest somewhere... Where in your opinion will the sellers park their monies ( other than bullion, land)
Or you see a payment default by borrowers, wherein the outstanding liability (currency) is just written off and the corresponding asset is also marked down. and the lenders / investors will be having worthless paper (equities / bonds / certificates of asset holdings etc).
They cannot reduce outstanding currency other than exchanging it for bank reserves. It's value is what will reduce. The Fed can withdraw currency from circulation by buying in government debt, but that is not the same thing. In a credit crisis, debt written off by defaults or bankrupcies will only write off matching credit. But the key to understanding it all is that a credit implosion is one of value, not quantity.
According to him and his momentum crap, within six or eight weeks of one summers day in 2024 silver price will blast past its its all-time high and not look back
The overall, long-term graph does show acceleration, as we move closer to the end of the life-cycle of the Fiat Dollar. Because the Debasement "accelerates" as it moves closer and closer to zero.
Devaluation over the past year fits the end section of the natural log curve for Decay just right if we smooth it out from when Quantitative Easing began. Not trying to be smart, but there's definitely been 'momentum" since 08/15/71, and acceleration since 2008.
What is momentum? Why do you put it in inverted commas - are you not sure what it is or how it is defined? Was the momentum negative from 1980 to 2000, or are you talking about the first derivative or the second or third derivative or maybe you could do a little integration on the mumbo-jumb. Or was it an inversion or inflection of some mystery variable or its derivative.
As for acceleration, was 2011 to 2020 just a little speed bump slowing down the acceleration, or maybe it was a pothole and the motor got its arse snagged on the pavement.
Momentum is a straight line, like simple interest.
Devaluation works out to be curved, very steep near the end. Same as the compound interest curve, except it's the mirror image.
Greater and greater amounts of Debt are mouse-clicked by The Fed (The Banksters). The rate at which they're clicking Debt is accelerating. The mirror image of the Inflation curve is the Debasement curve. Which is how it HAS to be with Modern Monetary Theory. Debt MUST increase, incrementally more and more each year.
The huge anomalies you're talking about are from The Banksters converting fake money into hard assets, which is what they do for a living nowadays. Those particular times were when they threw more fake money into the equation, over a shorter time frame. Lots of people following. Then they took the area under the curve of the anomaly out, but in gold and silver, rather than the fake money.
Which is more or less what I think he was getting at, were those quick changes over short terms, where you can get the Big Score, which you'll recall from Trailer Park Boys. Although perhaps that movie went over your head.
It's a lot easier just to go by the smoothed out curve, which throws out the anomalies.
Increased Deficit Spending, each consecutive year, means Debasement is accelerating, faster and faster.
Last year it was $2.2 trillion dollars, so FY 2025 HAS to be at least $3 trillion dollars of Deficit Spending on top of the Balance Sheet. During Biden about $12 trillion dollars was added to the Debt. Somewhere between $14 and $20 trillion will be added during Trump 2. Trump 1 it was about $8 trillion.
Gold will be $3012 this August, then close to $5000 when we get to August 2031. At least. . . . . Unless there's a Reset.
Remember, these markets are highly rigged / manipulated, call it what you want, but it is. MO is right in what he says, the charts tell it is so but what the charts can't do is predict the manipulation. So, before you slag him off do some homework. That said, you can always just sell all your PMs if you don't believe them
Just one of many examples: In his interview with Natural Rescouce Stocks on youtube, Oliver said "over the next five weeks you could see silver do something like go to fifty five bucks" in Autumn 2024. Check out the reaction on the interviewer's boat race at 3.02!
No he is not right - he has been consistently wrong. I know what he has said in the past and I've done my homework sunshine. I follow the silver price like a hawk and have intensely watched the interviews of these so-called experts when they talk about silver. Well if the charts don't predict the manipulation he should keep his cakehole shut. You are in denial and making excuses.
Bitcoin is money. Everything else is credit."
~ Michael Saylor
The delusion continues 🤦🏻♂️
MIchael Saylor is obviously an exceptionally intelligent man but these comments and predictions per " Bitcoin - Uber Alles " are really starting to serially piss me off - talk about not being able to see the wood for the tree's . May be though it's that ' Elon ' has already managed to get one of his neural links embedded into ' Saylor ' and he's simply being operated via remote control by some Geek in one of the Blob's command posts ..??
Have you ever noticed that despite all these "statements or phrases" (myths) that Saylor comes out with NOBODY ever asks him to justify himself. NEVER🤷🏻♂️ He just comes out and says "Bitcoin is money, everything else is credit" and that's it. The world according to the Saylor says so, so it's just accepted as so. I would like to see someone say how, where on earth did you get that from. Please, explain that to me like I am a three year old 🤔
Some of the bullion dealers accept Bitcoin for payment. Isn't that crazy? So far they've made a fortune, like never before in history though. Myself, I'd be scared by a never before in history type of scenario.
Thank you Alasdair.
This and the previous ' Double Act ' interviews you've done with Michael Oliver have been brilliant ,
hope to see more of these + would very much like to see DAVID JENSEN feature in any future thought sper future Double Act's that may be in the planning .
Great guess today Jesse.
Two of the best in my humble opinion
yeah Oliver does do a bit of guessing. Never turns out right though.
When my father took us to the San Francisco Mint in 1976, the tour guide explained about the issues of pilfering by employees, back in the Guilded Age, or around that time.
An unnoticeable way was the press workers getting as much gold dust as they could into their hair throughout the work day. Then carry it home a little bit at a time that way.
But I don't think anybody would be able to break into Fort Knox, like in the James Bond movie, to take a whole ton.
Just like life, it's all just an illusion
Looks like you're turning into a bit of a Prophet in your old age
Hmm, a prophet? I would have said an old grumpy cynic. Thanks for the compliment though 🤣
Ohhh, you don’t know Tha Boys….
Alister mentioned last week about the moment in Tungsten….and we can only wonder why.
The ' They ' don't need to " break in " when the security guards are all there saying yes sir - no sir and opening up everything for them ...and then loading vast quantities onto rail road cars destined for who knows where . And it's nut just " A Whole Ton " which if only that would be hardly worth the effort ....time to think bigger ...much , much bigger ..!!
Alaisdar...my query is :
How can the governments reduce their outstanding currency held by various entities including public (assuming no default on T bills etc and no forced conversion to a new currency).
When entities sell, they will either allow their monies lie in the Banking system, awashing the system with liquidity...leading to reduced rates..(and probably again inflating asset prices) or they will invest somewhere... Where in your opinion will the sellers park their monies ( other than bullion, land)
Or you see a payment default by borrowers, wherein the outstanding liability (currency) is just written off and the corresponding asset is also marked down. and the lenders / investors will be having worthless paper (equities / bonds / certificates of asset holdings etc).
Will appreciate your response.
Thanks for the wonderful insights
They cannot reduce outstanding currency other than exchanging it for bank reserves. It's value is what will reduce. The Fed can withdraw currency from circulation by buying in government debt, but that is not the same thing. In a credit crisis, debt written off by defaults or bankrupcies will only write off matching credit. But the key to understanding it all is that a credit implosion is one of value, not quantity.
Thanks for your response
Oh no - not broken clock Oliver again.
According to him and his momentum crap, within six or eight weeks of one summers day in 2024 silver price will blast past its its all-time high and not look back
The guy is a joke!
The overall, long-term graph does show acceleration, as we move closer to the end of the life-cycle of the Fiat Dollar. Because the Debasement "accelerates" as it moves closer and closer to zero.
Devaluation over the past year fits the end section of the natural log curve for Decay just right if we smooth it out from when Quantitative Easing began. Not trying to be smart, but there's definitely been 'momentum" since 08/15/71, and acceleration since 2008.
What is momentum? Why do you put it in inverted commas - are you not sure what it is or how it is defined? Was the momentum negative from 1980 to 2000, or are you talking about the first derivative or the second or third derivative or maybe you could do a little integration on the mumbo-jumb. Or was it an inversion or inflection of some mystery variable or its derivative.
As for acceleration, was 2011 to 2020 just a little speed bump slowing down the acceleration, or maybe it was a pothole and the motor got its arse snagged on the pavement.
Momentum is a straight line, like simple interest.
Devaluation works out to be curved, very steep near the end. Same as the compound interest curve, except it's the mirror image.
Greater and greater amounts of Debt are mouse-clicked by The Fed (The Banksters). The rate at which they're clicking Debt is accelerating. The mirror image of the Inflation curve is the Debasement curve. Which is how it HAS to be with Modern Monetary Theory. Debt MUST increase, incrementally more and more each year.
The huge anomalies you're talking about are from The Banksters converting fake money into hard assets, which is what they do for a living nowadays. Those particular times were when they threw more fake money into the equation, over a shorter time frame. Lots of people following. Then they took the area under the curve of the anomaly out, but in gold and silver, rather than the fake money.
Which is more or less what I think he was getting at, were those quick changes over short terms, where you can get the Big Score, which you'll recall from Trailer Park Boys. Although perhaps that movie went over your head.
It's a lot easier just to go by the smoothed out curve, which throws out the anomalies.
Increased Deficit Spending, each consecutive year, means Debasement is accelerating, faster and faster.
Last year it was $2.2 trillion dollars, so FY 2025 HAS to be at least $3 trillion dollars of Deficit Spending on top of the Balance Sheet. During Biden about $12 trillion dollars was added to the Debt. Somewhere between $14 and $20 trillion will be added during Trump 2. Trump 1 it was about $8 trillion.
Gold will be $3012 this August, then close to $5000 when we get to August 2031. At least. . . . . Unless there's a Reset.
Remember, these markets are highly rigged / manipulated, call it what you want, but it is. MO is right in what he says, the charts tell it is so but what the charts can't do is predict the manipulation. So, before you slag him off do some homework. That said, you can always just sell all your PMs if you don't believe them
Just one of many examples: In his interview with Natural Rescouce Stocks on youtube, Oliver said "over the next five weeks you could see silver do something like go to fifty five bucks" in Autumn 2024. Check out the reaction on the interviewer's boat race at 3.02!
https://www.youtube.com/watch?v=blvI08d7rfM&t=143s
He is like the deluded evangelicals who have been saying the rapture is coming any day now for years!
So maybe you should do some homework or get treated for Alzheimers.
No he is not right - he has been consistently wrong. I know what he has said in the past and I've done my homework sunshine. I follow the silver price like a hawk and have intensely watched the interviews of these so-called experts when they talk about silver. Well if the charts don't predict the manipulation he should keep his cakehole shut. You are in denial and making excuses.