Thursday, June 17, 2021

Breaking News -- New Investment Vehicle Introduced Following Jay Powell's Remarks Yesterday -- June 17, 2021

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here

Birch-coin may not be suitable for all accounts.

Birch-coins can be expensive but can be bought in smaller denominations:

  • chips -- one-half of standard coin;
  • slivers -- 1/1024rth of a standard coin; and,
  • dust -- one-one-millionth of a standard coin.

The last option is often referred to as "saw-dust," as in "I saw dust but thought it was just gold so I ignored it. I was looking for birch-coin."

In addition to demand, supply is likely to be severely limited due to the fact that the spotted owl has pretty much decimated the "mining" of birch-coin in the far northwest.

Dot Plots suggest the birch-coin will peak in late 2023, but whether it's a transitory phenomenon or not is still open to question. The Federal Reserve says they will start talking about when they should start talking about possibly purchasing birch-coin assets.

George Soros has already shorted birch-coin.

Bill Gates lost his wood-pile of birch-coin to Melinda.

Jim Cramer says: "Back up the truck."

Jamie Dimon: "Finally, a worthy competitor to e-coin. We're getting out of cash and moving into wood piles."

Joe Biden: "Birch-coin? I like the aroma of wood in the morning but, c'mon man, we had this when I served in W-W-I."

Brian Williams: "Don't get ahead of us now, but we can do the math."

Warren Buffett: "Futures in birch-coin? Count me out."

Hillary: "Here, hold my beer."

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It's All Greek To Me

ξύλινο νόμισμα: xýlino nómisma

2 comments:

  1. Your just having too much fun with the birch coin. I suggest that it be made of beech wood, so if the coin becomes worthless, you could use it to flavor beer. Like Budweiser beechwood aged beer.

    On the bitcoin, I prefer having a chunk of gold in my safe deposit box instead of a wallet full of passwords any day.

    ReplyDelete
    Replies
    1. Yes, yes, and yes.

      Yes, on the beechwood aging.

      Yes, on the bitcoin -- prefer gold.

      And yes, gold in a safe deposit box.

      LOL.

      Delete