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Adam's avatar

Haha, Luke’s podcast “ China shutdown during Covid for 12-18 months, they can take pain. The US shutdown and the bond market holders started crying after 4 days”.

Hey Ferg, do you or are you also considering Bitcoin?

A few people like Luke, Lyn Alden etc seem to be on board.

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Ferg's avatar

Hey Adam, as someone who completely missed the entire trade (figured tether would implode and Salyor would get taken to the wood shed), I still don't own any. I do see the value having read more of Lyn and Gromens work and could consider a position if it has another one of its crazy drawdowns (always liked the idea of having a bit on cold storage as insurance).

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Adam's avatar
May 2Edited

Thanks Ferg, yeah I’m hearing more people onboard with it. I’m also considering it, however, I have concerns how the ‘powers to be’ will allow the early adopters (renegades against the system) to become billionaires if they let it run?

Maybe just the natural skeptic in me?

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Hendo's avatar

Well, you can say that you have a subscriber from Lombok next time you go there

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Ferg's avatar

Haha amazing!

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Gary Mersham's avatar

Happy birthday Ferg! Wonderful pic of you and your darlings. Interesting whether 70's synchronicity between Gold and Oil will play out in the current market complexity.

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Matt Warder's avatar

As someone who wrote professionally about the Fourth Turning as far back as 2018, it is interesting to see it pick up in popularity again. Have never heard Luke talk about it before but in my experience when that narrative becomes popular its conclusions tend to perform less well.

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Tenva Capital's avatar

Great piece Ferg - Enjoy the time away with the family!

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Phil Coleman's avatar

Your time with Mia and Hugo is precious.

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