A lot of my fellow silverbugs are into KVT token

One not so great aspect of it right now is that it’s still in ICO stage, meaning only @KinesisMonetary can sell it

That shows a lack of confidence in the price. They “temporarily” suspended trading of KVT for users two years ago
I just question what “temporary” means in this regard. Sounds like a similar time period to “transitory”

Actually longer now, transitory was only one year for the fed’s usage of it
Not saying KVT can’t be a good investment, I just very much question the price that some people seem to be paying for it, I legitimately think it would crash 80-90% if they let it freely trade right now

But if metals go up a few multiples the valuation would make more sense
Again, there are some big names in our PM community who are very bullish on KVT, more power to them

But for $1800 per token?

I'd much rather have 60+ ounces of #Silver

And yes that could even be KAG token, on the kinesis platform
I recommend for anyone considering KVT at these prices to buy metals instead, whether physical self custody, KAG/KAU, or PSLV/PHYS

Anyone can do as they please, this is what I would rather own right now

Good luck everyone!

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More from @ThHappyHawaiian

Nov 5, 2021
I have a sad announcement for all of my #fintwit friends who post frequently about real yields and the market's long term #inflation expectations

It's fake, and its staring us right in the face

The @federalreserve
is in near full control of this "market based" signal

Proof
1/
Anyone who needs a reminder, the breakeven rate is the yield on a nominal treasury bond less the yield on treasury inflation protected securities

It's an approximation of the market's expectation of future inflation over the duration of the bond

Yield and price move inverse
More buying of nominal bonds pushes nominal yields lower

Same for TIPS

When more buying power comes in, the price of any asset moves up

Powell continually says that he's only concerned about inflation if long term inflation expectations become "untethered"
Read 9 tweets
Oct 29, 2021
I have a friend who helps manage wealth for clients net worth $500m+

They all have loans against their holdings at 0.1%, fixed five year terms

That’s the money they live on

They never sell, when they die basis is adjusted via step-up and they never pay cap gains

Tax free life
What about estate tax?!

No one pays estate tax, you set up a series of trusts and your heirs get all the money estate and cap gains tax free

$20 billion annually is collected via estate taxes, of $140 trillion in wealth

The only way you pay is if you have very poor planning
Normal people pay 10-40% of their annual income taxes and have little wealth

We tax poor people trying to build a small nest egg and the ultra wealthy pay next to nothing

“What about the income tax stats showing the top 1% pay 35% of income taxes?!”
Read 11 tweets
Oct 28, 2021
Let's talk #Gold and #Silver price targets for the current bull run, follow along and see if you're picking up what I'm putting down

Start with long duration TIPS ETF, $LTPZ

Just broke out of a perfect cup and handle, and using the basic extension puts it on a path to $99 Image
Next look at #Gold relative to long duration TIPS,

the $PHYS / $LTPZ ratio

It's been on an steady uptrend since 2015, and if you ignore the covid period, has a solid upper resistance as well, which if it touched in the next 6 months, would be a ratio of roughly 0.1750 Image
Combining these first two elements you'd get roughly $2200 for #Gold

And if we look at the Gold / #Silver ratio, plotted with fib levels, you can see the red trendline would get us to the 1.618 extension in late Q1 2022, or a 51 GSR

Using $2200 gold gives us $43 silver Image
Read 6 tweets
Apr 27, 2021
The fact that @PeterSchiff defended unallocated #silver accounts again on his show, but without adding anything of substance, shows what a great job the true precious metals community is doing

Keep educating people as to what these accounts are, get a refund, buy real metal!
I’m clearly not alone in saying this, but the metal just isn’t there

And #perthmint & @Kitco_Metals dont hide that fact either

You are lending money and paying a shitload of fees to do so

You have little to no rights in these contracts. It’s simply a terrible product
@PeterSchiff and his bank EuroPac collect massive fees to push you into it

Just because he says you should diversify doesn’t mean he didn’t recommend putting part of your money into the single worst precious metals product that exists, for his own gain

He’s sold a bag of goods
Read 9 tweets
Apr 25, 2021
$BTC longs looking to park money during the bear market should consider #silver

Another dollar-bear, inflation hedge, scarcity asset play

21 million total bitcoin, only 2 million of the 1000 oz silver bars. Respective prices are ~$50k vs ~$26k

10x as scarce, 1/2 the cost
not to mention the fact that a majority of annual silver that gets mined is used in swiftly growing high-tech industries such as EVs, solar, chips, batteries, satellites, etc

It has a baseline demand that's functional and burns supply
As you will prefer a highly liquid, digital form, $PSLV is one of the easiest ways

Some sites do direct crypto to silver when ordering physical, or keep it tokenized and go with Kinesis or other crypto-focused platforms

I buy $PSLV because that's my personal favorite
Read 4 tweets
Apr 25, 2021
I listened to you discuss oil on the Silver Fortune podcast @SRSroccoReport

I have a couple of questions on that energy outlook

1. What about the countervailing trend of increased energy efficiency, better MPG, reduced electricity usage in lighting and AC, electric vehicles?
Over the last decade alone I saw in another report the ‘bite’ of higher oil prices has been reduced by 30% due to the last decade of progress, why will this not continue?

2. As oil prices rise, it incentivizes renewables to proliferate faster, and scale makes them cheaper
3. Impacts of increased remote and virtual work?

4. Impacts of high density indoor farming, and localized energy production via solar/wind reducing need to transport food and carbon based fuels?
Read 7 tweets

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