Approximate spot prices
Gold: $1,255 per paper ounce
Silver: $16.70 per paper ounce
Bitcoin: $2,600 per BTC
Ethereum: $210 per ETH
Due to an extensive travel schedule I’ve been unable to produce a sound money weekly update for almost a month. However, this week we’re back on track and adding Ethereum (ETH) to our coverage. My hope is that this report won’t become too cumbersome, so while I may be able to add coverage of Litecoin (LTC) and Veritaseum (VERI) in the near future – plenty of whispers about good news coming for both those names – I certainly won’t be able to generate updates that cover the entirety of the cryptocurrency space. But enough with the housekeeping…
We’re now living in a world where the US has stopped its not-so-covert program arming
moderate Syrian rebels ISIS, CNN keeps serving up nothingburgers and losing meme wars, the Deep State Republicans are being exposed as thoroughly feckless, and identity politics continues to proliferate. All the while it seems that President Trump is only now – six months into his administration – beginning to gain a proper foothold. Breathless accusations aside, the prognosticators – of all stripes – continue to be woefully inaccurate about the pace and nature of developments.
No surprise there. And don’t look at me like I have all the answers. I have access to the same public information as anyone else. This is The Amateur Society after all. I don’t have any inside information or sources – anonymous or otherwise. The plan here is to continue updating everyone on the state of affairs as I see them. If you’re looking for more real-time information, I’ve been tweeting my cryptocurrency accumulation entry points (@ontheobjective) as well as other content from our On the Objective podcast network (https://ontheobjective.org/).
There will be more shakeups ahead, but it certainly doesn’t seem like the #Resist crowd has any real groundswell of mobilized action behind it. Another wave could of course be in the works. However, after many promised ‘days of rage’ and ‘summers of rage’ appear to have fallen short, it looks like the primary battlefield has shifted from the streets to the legal system.
Keep your eyes open. Watch carefully, but don’t be afraid to step back every now and again. Keep the faith and keep your strength. Continue to accumulate sound money.