George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Yes agreed and I sometimes remind him that things were easier in his day too!
Regarding wealth preservation or accumulation; stocks markets are great for that, but it’s good to remain balanced and for that matter even a small percentage of Bitcoin won’t hurt anyone...
You never know. A lot of the reasons why gold is valued the way it is compared closely to that of Bitcoin. Yes, societies have been drawn to gold for ages and beyond, we humans have a physical and emotional attachment to it, but who is to say within the changing world we live in today that Bitcoin won’t change the way we do things, gold made that same change when it was introduced as a currency -
gold is abundant enough to create coins, but rare enough so that not everyone can produce it, the same goes for Bitcoin.
Humans ourselves have placed the value on gold and it perpetuates from the very beginning, the same can be said for Bitcoin, imo ! :)
Bigdog, regarding the tax side of it, I wish my dad did that for me - it will be certainly something I will be doing for my children, unless our new chancellor wants to ruffle some feathers! Sunak makes me slightly nervous, but I hope he doesn’t change much when it comes to ISA’s. I’m sure something will change though, we’ve got to get money from somewhere!
That’s why I’m glad I invested in both as I saw both being good hedges, been saying this for a while now guys Lol! I know that this may sound funny coming from a millennial, but you’d be mad to not have some sort of proportion in Bitcoin in this day and age.
Lesson learned, don’t try and time the market, for the bleeding 100th time lol. Nice rise, came out of nowhere. I had money to put in, but wanted to do it in a oner when I get paid. Oh well, I’ll just have to pay at these levels, can’t be too greedy can we
Close to the start line here and still very undervalued. I may take my entry point this week. Looking good for this year I would have thought. Is the price of oil being our main annoyance anyone?
https://www.crescat.net/wp-content/uploads/Crescat-Precious-Metals-Fund-Presentation_December2020.pdf
Nice presentation for you to have a read through
Looks to be a very busy area within Tanzania, South East of Lake Rukwa, a very resource-rich country, but does pose risks in terms of its government. Local content regulations now require at least 20% of a mining company must be owned by Tanzanian citizens, it used to be 51%.. positves there.
I’m plucking up the courage to dip my toes here, still early doors, but love the potential.
Demand for helium is very appealing, uses in for rocket engines and in healthcare, but many more.
Cost of helium should increase from here on and has been doing so for a number of years.