The only Bitcoin chart that matters is this chart of the Bitcoin/NASDAQ 3X Leverage ETF (TQQQ) ratio. Bitcoin is nothing but a super leveraged up risk on asset and it is approaching the peak of the 2017 and 2021 bubbles.
The gains that Augusta Gold (TSX: G) will make over the next few weeks will be similar to MicroStrategy (MSTR)'s recent gains... the only difference is that Augusta Gold (TSX: G)'s gains will be permanent because they are about to finalize their strategic review process, and we know their office is closing on January 1st, so it is very obvious that Augusta Gold (TSX: G) will be acquired vs. nobody will ever consider acquiring MSTR at a valuation of 4x the NAV of its Bitcoin holdings.
If you read the Solaris Resources (TSX: SLS) press release from yesterday and the quote from Augusta Gold (TSX: G) Executive Chairman Richard Warke at the bottom he seems much smarter than Michael Saylor, like he actually knows what he is doing vs. Saylor purposely trying to create a new financial crisis similar to 2008.
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA's President has purchased 224,200 shares of G in the open market and intends to buy more shares. This message is meant for informational and educational purposes only and does not provide investment advice.
Preparing Americans for Hyperinflation
