RE: Tuesday Late Night Market Vlog! 🎙️ Gold Breaks $3600! New All Time High! 🪙 Silver/Platinum/Palladium Report! Crypto & Stocks Report! 📊
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Gold punching through 3600 is wild. If this holds, miners could finally wake up, though those premiums and costs still bite. Are you playing it with spot and ETFs, or cherry picking miners while silver tries to catch up? And do you think Bitcoin rides the same wave here, or just keeps doing its weird cousin thing?
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Bitcoin and gold moves aren’t related at all historically. In long run they’ll both benefit when fiat dies eventually, but to date there’s really no relation in gold & bitcoin cycle moves. Bitcoin is up strongly above 100K from its 15K 2022 bear low, Bitcoin is killing it. Those shouting Bitcoin is not performing well are fools. It’s right on cycle schedule. Unfortunately hive is below its 2022 bear low showing Hive is in a bear market while most crypto’s are in a full on bull market even though most are well below 2021 All Time Highs. Most are well higher then 2022 bear low’s by hundreds of %. 2021 was a rare year and most items went higher then they would have normally. But yeah , Hive in a full on bear market while Bitcoin & many crypto’s booming higher.
I hold a bunch of Gold stocks, but more in physical. !BBH !PIZZA !ALIVE
Got it on the cycle divergence. What flips the switch for Hive in your view — strength on the BTC pair, on-chain activity, or a tokenomics change? On metals, are physical premiums still sticky where you are, and at what gold-to-AISC spread do you expect miners to finally catch a bid? Do you lean royalties over producers right now, or still stacking the larger, lower-cost names?