- Preparatory Actions supporting the view that a new monetary system is close to being introduced.
- Three separate interviews suggesting a change of rules is about to happen with the incoming Administration.
LOTM has accepted the position as stated below:
“We believe we are experiencing a once-in-a-generation global shift in the market from fiat money controlled by government central banks to network-based money, more commonly called ‘cryptocurrency,’ with this transition still in the early stages.”
Hal Goetsch, analyst at B. Riley Securities stated two months ago.
LOTM accepts the consideration that the incoming administration will speed up the process of “stable coins” as part of the transition towards a decentralized network based system using a decentralized network based crypto currency as a priority over fait based system, controlled by government central bank systems. In using stable coin system, the incoming administration will a create an expanding buyer of US Treasury paper. This activity be used to bail out the US National debt problem.
ACTIONS I:
Janet Yellen warns ‘extraordinary measures’ needed to avoid default in January
Dec. 27, 2024, By Raquel Coronell Uribe, NBC News
Treasury Secretary Janet Yellen warned congressional leaders Friday that the federal government will hit its debt limit as early as Jan. 14 unless Congress takes action or her department implements “extraordinary measures” to avoid default.
Yellen’s letter indicates that the looming debt ceiling fight involving Congress and the new administration is likely to take place in the early months of next year after President-elect Donald Trump failed to get a provision raising or eliminating the debt ceiling tacked on to an end-of-year spending bill.
ACTIONS II:
The Trump Family, through Truth Media and Technology Group (DJT) $36.08, is in the process of buying the public company, Bakkt Holdings (BKKT) $27.49.
Truth Social crypto deal to acquire Bakkt could put Trump on collision course with Kathy Hochul: sources
By Thomas Barrabi – New York Post – Published Dec. 23, 2024
EXCERPT: Bakkt holds three licenses “from New York’s Department of Financial Services (DFS) – a virtual currency license, a money transmitter license and a limited-purpose trust charter, sources told The Post. A deal could set up Tump Media & Technology Group as one of the few firms licensed to handle crypto transactions within the state.”
Both BKKT and DJT are losing money at this time. It is our opinion there are better ways to participate in the crypto / blockchain trend. We see the actions above as indicative of a continuing trend. Regular readers of LOTM know which companies we own, and feel are worthwhile ways to participate.
- I: Another interview suggesting a change of rules is about to happen with the New Administration.
There have been some very good interviews discussing the transition from a money system based on government backed fait currency to a network based digital monetary based system. Below we’ll repeat links to two of the interviews previously sent and add a newer and third interview along the same theme. Where there is smoke there’s probably fire. I think we’ll know in the next four-months how this is going to unfold, if of course, it does. There are powerful forces on either side of this proposed development.
- Previously sent: https://youtu.be/7kUj3sgxJ18?si=m8iKhc23cnp1-7bS Luke Gromen: ‘Devalue The Dollar First’ | Why DOGE Without Dollar Weakening Would Be ‘Catastrophic
- Previously sent: https://youtu.be/BSHimocxnN4?si=bFH_hjGPXD1tAn1p Jim Rickards: Weakness, Recession in 6-9 Months, But a Very Strong Economy in 2-4 Years
- New presentation: “Birth Of ‘Brand New Monetary Standard’, $500k Bitcoin Incoming | Jim Thorne”
The “ideas” expressed above are speculative because they have not yet happened. The views expressed above in the three interviews are from individuals who are leaders in their fields, experienced in the capital markets, are knowledgeable and work in circles better connected than LOTM or Tom Linzmeier. We view these sources as credible. Events that unfold in the future maybe or may not be as expressed above. They are potential paths to solving the USA debt problem. Treat the above information as such.
Some of us are proactive while others of us are reactive and still others are non-believers. Each of us will interrupt and react to the information above from our own perspectives.
Neither LOTM nor Tom Linzmeier owns or recommends buying Trump Media and Technology (DJT) or Bakkt Holdings (BKKT). LOTM and accounts related to Tom Linzmeier and LOTM do own multiple holdings in Crypto, Blockchain directly or through companies involved in Crypto and Blockchain. We hold the opinion that corporations that use crypto and blockchain as tools applied through applications are more valuable over time than crypto itself. Therefore, our focus is more on owning companies that work within the crypto and blockchain industry and in the application of crypto and blockchain technology.
Use the above ideas as you see fit for your own finances, beliefs and comfort level. Good luck to us all. Tom
