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When I was younger, I once left a 5.25" floppy disk on the dash of my car. It looked like a waffle when I found it later.

For the lulz:

Made you look! Gold ~4-7x Silver >10x Timeframe? Apparently open ended if he made set the targets 5 years ago. Crystal ball predictions is a game worse than get rich quick by buying lottery tickets. ~~~ Gold is money and it acts like it because central banks are not happy with the USD...

Gold closed above USD $2230 here in the USA. Next week should be interesting!

https://www.9news.com.au/national/australians-to-pay-cash-only-in-protest-of-cashless-society/6a214001-a4df-49fb-8e14-19848260a753

FWIW: https://www.kitco.com/news/article/2024-03-27/bitcoin-price-dips-after-coinbase-staking-lawsuit-decision-analyst-warn

Tomorrow is Good Friday and a holiday for the markets, so today's close is the week's close and likely to see some strong action.

You peeps in Australia are in the thick of this war on cash. It's still mostly percolating in the background here in the USA.

Morning here in USA and gold has broken through the USD $2200 resistance. We'll see if it holds by market close...

https://www.centralbanking.com/central-banks/monetary-policy/7961027/switch-to-gold-standard-could-stabilise-prices-philadelphia-fed-research Here's the paper: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4744246

So in addition to potential approval of spot Ethereum ETFs in May, the UK is opening doors for institutional investment in cryptos: https://bitcoinmagazine.com/markets/london-stock-exchange-to-launch-bitcoin-etn-market-in-may ^^ BTCmagazine made it seem like this was BTC only, but the LSE...

FOMC did what I thought - held rates and said we wait for more data. Markets reacted differently than I thought. I guess JPow affirming that 3 cuts are on the table this year was sufficient to keep the market happy.

The Fed's Open Market Committee has been meeting since yesterday and releases their announcement/statement today on their interest rate decision and future guidance. The markets want a rate cut (or guidance that it is coming). Latest market data is showing that inflation is getting stronger...

You can also try: https://bullionstacker.com/ https://realcent.org/ https://www.pmbug.com/ (I own this site)

It seems to be back up at the moment.

The BRICS (especially Russia) had been talking about a gold backed BRICS currency for the last couple of years. The latest statements do not mention gold at all though. It looks like they have pivoted and are now talking about a BRICS CBDC. We'll see.

Did it bite the dust? Hasn't worked for me for several days now.

^^^ https://www.savings.com.au/news/cash-withdrawal

That whitepaper is a prime example of why I tell anyone who will listen to use cash where they can - if you don't use, you might lose it. The decline in usage is being used as a justification to do away with it.

FWIW, the bank replied to the tweet and claims the image is a fake.