Suddenly, 1 Bitcoin

I own 25 ounces of gold. It has gone from 3300 dollars an ounce to around 5000 an ounce over the last six months so I can buy more lap dances with my gold now. The BRICS countries have switched from buying U.S. treasuries to gold and silver for fear we will pay back our debt with dollars that have had most of their value inflated away. Bitcoin has not been considered as good of an investment. Gold and silver have a track record for being valuable for thousands of years.

Down to under 79K

I'll nibble away and buy more Bitcoin if it drifts below $79K - I missed a short window on Friday as I don't set a price for it to breech & buy, I'm new at Bitcoin, and I don't buy whole coins - that's crazy money size. I was waiting to see what govt policy would be like. Once David Sacks, All In podcast bestie, became the "Cybercurrency Policy Czar" I had a lot more confidence. Cryptocurrency is coming. Fortunately Biden's FedCoin was axed for StableCoin. I'm controlled and want to watch for good dips. I've been buying since it went below $100K. This is a long term 5-10 year horizon for me. I'm not buying enough if it all blows up to scuttle me, it is just a "Mad Money" play for me. Yeah, it is volatile.

My favorite long term: I bought a bunch of PLTR at $22-$23 in Spring 2024 and expect it to be a 20-bagger in 18-24 months - what they are doing with analysis software is unique and no one else is even close. PLTR capitalization is around just $350B at about $150/shr, it has been as high as about $220 last Fall.

TSLA is about Dojo, Optimus, Neuralink and SpaceX. Tesla cars are now just a commodity including the Robotaxi. SpaceX IPO will be around June 2026 (Musk's birthday is the target) at about $1.5T, it's about $850B now with private equity. There have been rumors SpaceX might roll into TSLA, who knows as Musk is probably just trolling. XOVR has private equity funding with SpaceX is another I hold for an early shot at SpaceX, anyone can buy XOVR. XOVR's investment exposure to SpaceX is around 10%-11% or just under $190M which is small.

Quantum Computing: Fairchild's semiconductor in the 1950s was a leap over vacuum tube computers, then Intel chips were optimized for Windows, massively scaled parallel CPU computers are the 1990s super computers like Cray, then GPUs (NVidia) designed for gamers/video made the next big leap we see today for AI processing. When NVDA went public in Jan 2010 it was $.43/shr (adjusted for splits) and is now around $180. Quantum computing will be the next leap in compute power. I like the pure Quantum stocks like D-Wave and IONQ. I'd expect NVDA, IBM, even Broadcom or Alphabet to acquire them at some point to advance their engineer or kill off competition.

Nuclear: Buh BYE Green, Hello Nuke! Pebble Small Modular Reactors will be hot. They'll do between 500MW-800MW. US air craft carriers have like two 550MW nuke reactors, and subs about the same. I think the days of building multi-gigawatt reactors is over aside from refurb'ing the old dudes. There there is no reason NOT to use SMRs for electricity on land along with NatGas and coal (which is super clean now). Tests have been done to break pebble reactors and they have not failed. Nothing is 100% safe, even Cave Men probably had out of control fires in their caves.

I'm not giving investment advice, do you OWN research. The world revolves around tech, and things they are a changin'.

@docsavage Yes, BRICS are buying gold & silver. CCP is doing same to devalue the US Dollar. Other Central Banks are buying up gold too.

I think silver is more about tech needs than currency, and alternative to Gold. I sold SLV a year ago at $29 as it had languished too long. Dumb ass me! I think Gold has a very good future. Gold and Silver took a butt whooping on Friday. I think it was a combination of manipulation and profit taking.

As someone who remained mostly on the sidelines during the stock market boom, I regret not following the advice a wise man told me. Which was: "Don't try and time the market." He put a dozen grand kids through college with his mutual fund strategy, which was steady investment with Dollar Cost Averaging.

Of course, he luckily lived during a time when it was hard to go wrong investing in the stock market.

I sure as hell ain't going to jump in now. But that is what I was thinking 10 years ago, too. Can others admit their mistakes like I can?

^ @rightfield I was super negligent back in the 1990s thu about 2010. I didn't properly manage my retirement saving. I blew-up my MCI/WCOM 401k as I put all in WCOM stock when WCOM was going insane, like Cisco. I wasn't aware of the massive fraud WorldCom was committing. When Bill McGown, Founder of MCI, died, the MCI BoD/Executives became seriously greedy and, IMHO, was the root cause of its demise w/WCOM.

I left MCI on 2-Jan-2000 as I was recruited to overhaul the data network for a new Internet Data Center company with 12 data centers. IDCs were the pre-cloud services AWS introduced about 15 years ago. IDCs provided space, power, access so companies didn't have to build or rent data center building. AWS was created as Amazon was using AWS tech they created for their own use, and the architect suggested they sell it as a service to expand Amazon. AWS is the 800-pound gorilla. I didn't sell my WCOM stock in my 401k and WCOM cratered. I did sell my MCI stock options prior to the collapse as they were due to expire.

In 1992, I bought 150 shrs of Cisco at like $22 after it had crashed by not forecasting future revenue estimates. At that time, Cisco wasn't the behemoth it would become by 2000 before the Dot Com crash. Before the crash, I had 2.850 shrs after splits every 18 months and my shr price was around $77. Then the Dot Com crash and I dropped to $7.50. Since Cisco connected like 75% of the Internet I thought this was just temporary. Cisco us just now about back to about $75 with a market cap of $350B. In 2000, its market cap was about $500B with the highest market cap on the market.

I'm OK now as I do a lot of research and try to find stocks that have good fundamentals, practical future and where the economy is headed. I don't day trade, I tend to focus too heavily on tech as they is my wheelhouse. I think all this AI pump got too far over its skis and is resting/re-aligning. I missed some biggies since Summer 2025 like storage and memory that have gone insane. All this Large Learning Models (LLM) gathering for AI needs to be stored somewhere, so that was a huge miss on my part.

Anyone remember the incel who would come here and gloat whenever BTC hit a new high? He admitted that gloating about it here was his "best life." He's awfully silent now.

Bitcoin and crypto are D-E-A-D like the J-E-T-S