With all the excitement around the recent Bitcoin ETFs it easy to forget the importance of self custody and what makes Bitcoin such a powerful bearer asset. Ever heard of the saying:
“Not your keys, not your coins”
A summary of the the various factors that contribute to individuals feeling ensnared in what can be aptly described as "The Matrix."
This phenomenon often leads people to conform, submit, and obey societal norms and expectations without fully realizing the implications of their actions.
I am writing to connect with you and discuss a thought-provoking comparison that has recently caught my attention.
The comparison revolves around the gold reserves held in Fort Knox (or any nation state for that matter), with growing concerns over the apparent absence of recent audits, as opposed to the unique transparency offered by Bitcoin.
I recently saw a chart that really struck home. We will get to this, but it’s worth looking at an interesting trend that has emerged in the world post-Covid.
It seems that now, it's all about the supply of money rather than the cost. This shift has significant implications for both opportunities and risks in the market.
Chop chop - going from one liquidation to another! Accumulate bitcoin and be patient.
And make sure you have some dry powder gold (PAXG)
Largely unaffected by the carnage, we do not currently hold alt-coins in this strategy - want to know why? Listen here
As requested, we are doing a followup on the article we published on dollar cost averaging. If you haven’t read the original article, here is a link: DCA strategies (includes enhanced RSI version).
We have had many requests from visitors to our site to provide a service to notify them when the daily “RSI 90” DCA strategy triggers a buy signal for gold, bitcoin and our RAAINDEX strategy.
If you would like to be added to the mailing list (small monthly cost) to receive a weekly email with this information (format below), use the contact page to let us know and we will arrange to sign you up.
Gold - 7/7 buys signals (month to date incl. 26th Sep - 19 buys signals)
BTC - 1/7 buys signals (month to date incl. 26th Sep - 1 buys signals)
RAAINDEX - tbc (*)
This publication is general in nature and is not intended to constitute any professional advice or an offer or solicitation to buy or sell any financial or investment products. You should seek separate professional advice before taking any action in relation to the matters dealt with in this publication. Please also note our disclosure here