warpig

This is basically what I think is happening...

There isn't much to go on at the moment... but here's the current train of thought. Another ascending triangle has formed.

We don't share the same view... I now seen BTC as a safe haven asset because we're on the cusp of a new bretton woods and the green agenda. I don't think it's business as usual... but I am very conscious that they don't like BTC or any cryptos... they're not part of "their" plan to overhaul the monetary system and put the world economies on a green footing. At the moment I'm watching and I haven't got a clear view of what happens next yet. What I can see is that the death cross "appears" to have run out of steam... but I'm aware it may resume... so for the minute - I'm out... but I'm watching every tick.

They said a few months which leads us up to the end of June...

6% returns are attractive in a low IR environment...

👍

Rising IRs

Any news on the PayPal announcement? I thought it was due by the end of June...

No it didn't. Nothing happened on 10th June.

I was interested when it was announced (10th June it seems), but I can see it's merely a suggestion at this point, inviting stakeholders to comment by September 10th. https://www.coindesk.com/basel-committee-proposes-conservative-treatment-of-banks-bitcoin-exposure

Do you have a reputable link?

Yes you'll need this if challenged by the tax office!

Indeed you may! I had silver with goldmoney and bullionvault in various vaults all over the world, I now only have physical silver. People get het up about VAT... but that's part of the sale price, so I don't even think about it. I do have a reasonable number of silver Britannias because of the CGT liability, but the bulk of it is in bars. My view on ETF's is some of them are OK... Sprott's as an example... however... at some point you'd want physical possession and that time might be closer than you think. Peak silver is 2025-2030 and that was based on 2017 mining data, which is now a shadow of its former self. Possession is 9/10 of the law!