The price of gold hit $3336.66 at 21:45 EDT today.
What does it mean? It means that I was checking the price of my PMs.
Make of it what you will.
The price of gold hit $3336.66 at 21:45 EDT today.
What does it mean? It means that I was checking the price of my PMs.
Make of it what you will.
Ah .. yes. Thanks for that. This is what I was pointing to: The $ as the interlooper, the translator, the middle man.
What this shows is we have no clue about the VALUE for VALUE relationship between Silver/Gold -> Eggs, anymore.
Allow me to show you a crazy thing.
Some time ago, someone found out they could create a hash of a document, and use that to send BTC to that hash-address. Of course, it is not a regular BTC address but it works. This means that you can have proof positive that a certain file with a certain contents has been made sometime due to a immutable character of BTC. Now you know the back ground.
They used 0.002-BTC on that created hash-address on 30 sept 2015: https://www.blockchain.com/explorer/addresses/btc/16K9TKnNCgN5rpKW8MGCYBvvsxnVeyCcqj
So, instead of a fake value like the FRN, manipulated to the hilt, especially in relation to deflationary assets like Gold, when looking at it from the lens of a real deflationary assets: that is a lot of eggs.