Been flat out wrong with this call for over 1 year, but the tide will likely turn. ... https://www.youtube.com/watch?v=wxlywigNhws

Summary: Eventhough many agricultural commodities have gone up on average only around 3% (sugar, soybeans, cacoa, milk, ...) since 1972, many others have gone up more than 5% per year, bringing the average at 5% real inflation per year, meaning the USD lost 5% per year in purchasing power per year. Here a list of items I found that went up around or more than 5%: From 1971 to 2015 the price of real estate has gone up on average 5.78% per year. From 1971 to 2015 the price of a new Corvette car has gone up on average 5.18% per year. From 1972 to 2015 the price of Bacon has gone up on average 4.82% per year. From 2004 to 2015 the price of a Mc Donald's Big Mac hamburger has gone up on average 3.94% per year. From 1970 to 2013 the price of a Hershey chocolate bar has gone up on average 5.20% per year. From 2004 to 2013 the price of Nabisco's Oreo cookies has gone up on average 6.19% per year. From 2000 to 2013 the price of Kellogg's Corn Flakes has gone up on average 5.08% per year. From 2002 to 2013 the price of Coca Cola has gone up on average 6.55% per year. From 1970 to 2012 the price of Campbell's Tomato Soup has gone up on average 3.96% per year. From 1971 to 2015 the price of oil has gone up on average 5.48% per year. From 1971 to 2015 the price of coal has gone up on average 4.20% per year. From 1971 to 2015 the price of natural gas has gone up on average 5.31% per year. From 1971 to 2015 the price of gold has gone up on average 7.86% per year. From 1971 to 2015 the price of silver has gone up on average 9.35% per year. From 1971 to 2015 the price of stocks have gone up on average 7.05% per year. Real Estate (Median Sales Prices of New Homes Sold in United States, http://www.census.gov/const/uspricemon.pdf) Dec 1971 = $25.300 Dec 2015 = $299.000 Inflation: 5.78% New Corvette: End 1971 = $5,472 End 2015 = $50,500 Inflation: 5.18% Bacon (Source: http://cpi.mooseroots.com/stories/13188/price-of-bacon-rise-fall-pork-pig-stock-cpi#Intro) 1940: $0.23 2015: $5.48 Inflation 1972-2015 (44 years): 4.82% Mc Donalds Big Mac hamburger in the U.S. for years 2004 to 2012 according The Economist (Source: http://big-mac-index.findthedata.com/) 1986: $1.60 2012: $4.45, 9.3% End 2015: $4.90 Inflation since 1986: 3.94% Hershey Chocolate Bar Index (Source: http://www.foodtimeline.org) [1908] 9/16 oz.....2 cents (=0.56 oz, converted to 1.55 oz = 5.53 cents) [1970] 1 3/8 oz.....10 cents (=1.375 oz, converted to 1.55 oz = 11.27 cents) [1986] 1.65 oz.....40 cents [2007] $0.84/1.55 oz (= converted from $0.79/1.45 oz) [2013] $0.99/1.55 oz From 1908 to 2013 the price of a Hershey chocolate bar has gone up on average 2.79% per year. From 1970 to 2013 the price of a Hershey chocolate bar has gone up on average 5.20% per year. Nabisco's Oreo cookies (Source: http:/ ... https://www.youtube.com/watch?v=FIO06yLUiYI

Trololo is back with an update on where we are in the bull/bear cycle. As expected prices have remained below the trendline continuing to pull it down, causing trendline & fair value to still be at $380B half a year later. Current $230B means it's undervalued by 40%, not too shabby and definitely should have piece of your desired crypto exposure locked in at these valuations. However, still high chance to go back to $150B Crypto Marketcap as undervaluation of not 40% but 60% to trendline for next 1.5y is likely. But would not dare to sell your quality coins to try to buy back cheaper as chance high in this second stage of early bull market some of them will pump hard vs Bitcoin Core and vs fiat never to see current valuations again, despite overall CMC to go down. That does not count for many lower quality projets and especially Bitcoin Core which is highly overvalued from any angle you look at it, within crypto world it's market share likely still peaked half a year ago at 70%, but even vs fiat it's $160B valuation is unlikely to go into the trillions people hope for as it continues to be build out as a traditional bank with high costs, slow response, building services that add counterparty risk instead of reducing it (LN, Liquid), and therefore will likely lose the race for global adoption to it's competitors like Ethereum, Bitcoin Cash and likely several others. Also go into the difference between these two, Tezos & Chainlink. Google sheets: Trololo Trendline - Judging Valuation Using Historical Avg Prices & Growth https://docs.google.com/spreadsheets/d/1ujXSmxad9WrNpkPhuJv_kcNvy6TtVMNTQZQt3lwYeA0/edit#gid=465266941 Crypto Investment Plan - Increasing Exposure as New Lows are Reached https://docs.google.com/spreadsheets/d/1WSeePxcqVyZ__99I-dAcvMBZuEzTq1DX8KzstSKoS5c/edit#gid=43 ... https://www.youtube.com/watch?v=DIxDZX2peUo

This video seems to be broken at 2min. Here another copy: http://www.youtube.com/watch?v=iAL4Eia0gJw ( To see part 3: http://www.youtube.com/watch?v=IJCze3ORkOA ) 1. Why I am confident Bitcoin, just like Stocks, Bonds, ..., cannot go to zero. (decentralization) 2. Why I think the right time to implement bitcoin into the Permanent Portfolio is now (eventhough short term the price is relatively high today $130) ... https://www.youtube.com/watch?v=uAFzKm6f_Ik