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15% of the way home
Warren Buffett, quoting Ben Graham, famously said: "In the short run, the market is a voting machine, but in the long run it is a weighing machine." The short-run “voting” action results from how investors react to short-term events and narratives. But it does not capture bitcoin’s destination. That is where the weighing machine comes in, which operates on a long-term time horizon. Bitcoin's dollar exchange rate stands roughly where it began 2025, yet this year marked seventeen years since Satoshi released the whitepaper with significant milestones. Bitcoin has reached an all-time high above $126,000, public ... (full story)
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From zerohedge.com|Dec 30, 2025Since the last FOMC meeting on Dec 10th (which resulted in a more-dovish-than-expected 25bps rate cut along with 3 dissents), precious metals have been the biggest gainers (as the ...
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