UnknownUnicorn1615160

Atomic #79. Let's go on a journey...

Education
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
It was the summer of 1997 in Des Moines, Iowa (my old hometown). Des Moines is a smaller city in the center of Iowa surrounded by corn fields, barns, cows, horses, pigs and baseball fields. Life was good and simple. I was 16 years old. AOL dial up was around for a few years and all you could really do was email, which was too slow and cumbersome at the time. I drove a 1980 4-door Honda Accord pushing 95 horse power that was in flawless condition with automatic windows, air-conditioning and an 8 track CD changer. It was a real panty dropper. It was the year I had my first taste of alcohol and hated it. I had my first kiss and loved that. It was the year I fell in love and then fell out. I was a successful track and field athlete at the state and national level. Most households still had multiple landlines. There was usually a common phone in the house and then my sister and parents had their own lines in their bedrooms. My friends and I would spy on my sister's phone conversations by finding an open phone in the house and ever so carefully lifting it off the jack. The key word here is carefully you see so that the person on the phone thought they were having a private conversation. If you lifted too quickly it would make a clicking noise and then.... busted!!! There was no such thing as speaker phone so you'd need to do a football huddle to hear what was being said. We still had huge phone books that would be delivered every year and yes, people actually used them. This was our version of Google at the time. I wasn't a huge gamer, but I still had my original Nintendo with Mike Tyson Punch Out, Contra and etc. High Definition didn't exist so people still looked good without make up on television. I was a huge Chicago Bulls fan and Michael Jordan, Scottie Pippen, Phil Jackson, Dennis Rodman, etc. was around. I believe this is the year they were going for their 5th NBA Championship. We had a computer in our house, but it was more like one of those bulky old television sets that came with a keyboard and mouse. I would use it to type my book reports for school, print it off and that's all it was useful for. Essentially an upgraded typewriter. I still remember the weird noise it would make when I would have to save a document to a floppy disk and the process took several minutes. Yes - for a 10-page report.

Gold's element symbol is Au and atomic number 79. These were my atomic #79 moments growing up as a kid. Life was simple. No Wi-Fi. No Facebook, Instagram or Twitter. No real worries about privacy because big data wasn't really a thing back then. Life for me was about being in nature, running, hanging out with friends and pondering what we wanted to be when we grew up. You never know you’re living in a golden moment until you’re not. I’m grateful for the life I have right now, but there is a side of me that longs to be naïve again. To think the world is a good place. People are good. Governments are good. Old people (in their 30’s) who actually have jobs are smart and inspired about what they do. You can be anything and everything you want to be in life if you just work hard enough. To drive a 1980 Honda Accord and still have girls look at you. That's Atomic #79 bro.

Gold is forged from the greatest energy events in the universe. Supernovas, the death event of a collapsing star, where the energy explosion is so powerful that our scientific instruments can detect these gravitational waves billions of light years away. It is thought earth obtained most of its elements from these supernova events during its formation 4 Billion years ago. The amount of Gold that has ever been mined in the history of mankind could fit in an Olympic size swimming pool. People who say Gold is just a shiny piece of metal that only has value because we HUMANS say it has value. How arrogant and narrow minded can we be? Gold has a power that is unlike any other material. It has a certain energy about it. If you’ve ever held a gold bar of material size and weight you’ll quickly realize you aren’t dealing with anything normal. You feel it’s intrinsic value. There’s a particular respect between your human senses and that of the gold you are handling. Almost like we're intertwined with it on some molecular way. The ancient people felt the power of gold way before advanced technology.

The US Dollar has the world’s respect as it’s the global reserve currency. Many assets and commodities are priced in USD worldwide. But it’s the making of mankind with a century old history. We print as much or as little as we want to “control” the markets greed and fear. Gold is literally the making of the universe with a 14-Billion-year-old history. The value of a $20 million-dollar Picasso painting isn’t just wrapped into the art piece you are buying. When you buy a Picasso, you’re buying into the history of Picasso. You’re buying into his legacy, his personal faults and his triumphs of what made him a creative genius. But like the US Dollar it can disappear. Gold will never disappear. It can't be destroyed.

Gold will always have power over Bitcoin because of this history. Cryptography and math were invented by man. Not by the Gods. Bitcoin or something like Bitcoin is better money. Math is more objective while man is more emotional. But money is just a unit of value created by man. But like Bitcoin if you don’t actually possess the gold…you don’t really own Gold. You own the idea of Gold via a certificate or ETF. That is a huge difference.

When you look back on the life you lived, the chances you didn’t take, the wins, the losses, the regrets you’ll quickly realize one thing. All we are and ever will be is history. Our intrinsic value comes from the history we create. The blockchain is the first time in HUMAN history we can say the Truth is the absolute Truth. That’s an undeniable fact. However, Gold has never had this problem. Its history goes back to the beginning of time. When the first star died billions upon billions of years ago and spewed its guts to create an element that gave us our first and original blockchain.

So, when you consider the trading chart above remember it’s mankind’s Greed and Fear that creates this inverse relationship between Gold and the US Dollar. If you’re a crypto-maniac like me you’ll realize gold is the longest immutable and censorship resistant blockchain created, not Bitcoin. But it goes beyond any doubt technically or fundamentally that both blockchains are way undervalued! We have for the first time an invention by man that can record history as absolute truth. And when you think of our lives or mankind's lives, it's this truth in history that we all every value and fight for.

If you're a speculator be patient and wait for interesting prices. When thinking about going into a trade calculate first how much money you could lose vs. make.

Best Regards,
Bobby
-Don't hate the hair, hate the game.
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