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Dalio sees 'good probability' bitcoin gets outlawed
By Julia La Roche
Yahoo News, Sunnyvale, California
Wednesday, March 24, 2021
Billionaire investor Ray Dalio, the founder of the $150 billion hedge fund Bridgewater Associates -- the world's largest -- made a case that there's a "good probability" bitcoin could be outlawed, similar to when the U.S. government made it illegal to privately own gold.
As Dalio points out in his upcoming book "The Changing World Order," the Gold Reserve Act of 1934 made it illegal for individuals to own gold "because government leaders didn't want gold to compete with money and credit as a storehold of wealth."
... Dispatch continues below ...
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Granada Gold Discovers High-Value Rare Earth and Alkali Metals
Company Announcement
via Newswire.ca
Tuesday, March 23, 2021
ROUYN NORANDA, Quebec, Canada -- Granada Gold Mine Inc. (TSXV: GGM) is pleased to announce the significant discovery of scandium, rubidium, and cesium on the Big Claim of the Granada Gold Mine property in Quebec, Canada.
Results are preliminary and full core lengths have not yet been assayed in two holes drilled at the north of the Big Claim.
The company encountered unusual facies of altered rock, which has been sampled in portions of the drill core. The mineralized portions of the core have been assayed for 56 metals. Additional assays are pending.
Portions of drill holes GR-20-20 and GR-20-22 were sampled. Assays for GR-20-22 are still pending. Based on recent assays for intervals sampled, the intervening intervals are being sent for assay to create a complete picture.
Highlights of drill hole GR-20-20:
-- 13.5 ppm Cs, 101.8 ppm Rb, 21 ppm Sc over 12 meters from 351 meters to 363 meters.
-- 3.5 ppm Cs, 69.1 ppm Rb, 13.8 ppm Sc over 98 meters from 451 meters to 549 meters.
-- 1.1 ppm Cs, 42.1 ppm Rb, 12.2 ppm Sc over 15 meters from 573 meters to 588 meters. ...
... For the remainder of the announcement:
https://www.newswire.ca/news-
Something similar could happen with bitcoin, which has surged against a backdrop of high levels of debt, low interest rates, a lot of liquidity and stimulus, and investors seeking alternatives to bonds and currencies. At the time of this writing, bitcoin's price was near $56,559.98, spiking after Elon Musk tweeted that you can use it to buy Teslas.
"Every country treasures its monopoly on controlling the money supply and demand. They don’t want other monies to be operating or competing, because things can get out of control. So I think that it would be very likely that you will have it under a certain set of circumstances outlawed the way gold was outlawed," Dalio told Yahoo Finance Editor-in-Chief Andy Serwer in an episode of "Influencers with Andy Serwer," a weekly interview series with leaders in business, politics, and entertainment. ...
... For the remainder of the report:
https://finance.yahoo.com/news/ray-dalio-on-bitcoin-and-probability-of-b...
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Toast to a free gold market
with great GATA-label wine
Wine carrying the label of the Gold Anti-Trust Action Committee, cases of which were awarded to three lucky donors in GATA's recent fundraising campaign, are now available for purchase by the case from Fay J Winery LLC in Texarkana, Texas. Each case has 12 bottles and the cost is $240, which includes shipping via Federal Express.
Here's what the bottles look like:
http://www.gata.org/files/GATA-4-wine-bottles.jpg
Buyers can compose their case by choosing as many as four varietals from the list here:
http://www.gata.org/files/FayJWineryVarietals.jpg
GATA will receive a commission on each case of GATA-label wine sold. So if you like wine and buy it anyway, why not buy it in a way that supports our work to achieve free and transparent markets in the monetary metals?
To order a case of GATA-label wine, please e-mail Fay J Winery at bagman1236@aol.com.
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Support GATA by purchasing
Stuart Englert's "Rigged"
"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon --
-- or for an additional $3 and a penny buy an autographed copy from Englert himself by contacting him at srenglert@comcast.net.
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