RE: Patience11 Jul 2020 00:10
The interesting thing about plan b model is he believes there is a correlation not only between btc and gold/silver but also between btc and sp500. He has mentioned the money printing AKA brrrrrr by the fed will result in higher stocks and if I remember correctly he says a 4000 sp500 will be equivalent to a 400k+ btc.
Regarding Argo, Peter really needs to buy a greater number of shares, his recent purchase does not give him a big enough skin in the game to elicit confidence from other investors. I would like to see the BOD holding 10% + stock, reinvest proceeds into more machinery, not pay out a dividend and HODL as many bitcoin as they can. Forget the miners, the real asset will be the btc the company holds in 2 years.
This is the time for intense reinvestment as if we do, I believe it will really pay off in 2 years. This is a potential fast growth stock and not one to expect a dividend from. I really believe in thinking big in life and that’s why I am expecting this to run when the time is right.