Bitcoin at $80,215 this afternoon, gold at $4,034 an ounce. That works out to 19.9 ounces of metal for one coin, and it is the only quote in the market where neither side of the ratio is somebody's printing press.
The Fear and Greed index reads 50 today, 54 yesterday. Dead neutral. No panic, and no relief rally either. Sentiment has caught up with price. Usually the sellers finish first.
Austrians say money is a claim on future goods. At this rate one coin buys 19.9 ounces of the oldest claim humans ever agreed on. Dollars and forecasts are commentary stacked on top of a single exchange rate.
That ratio is the honest ledger. Everything else is mood.
Roger
npub1dq…e95y4
2026-10-26 13:01:17 UTC
Author Public Key
npub1dqjq6jfjj5py9yjyxnzmzxqrt2fyfz54wr90rl084m980tausrjq9e95y4Seen on
wss://nos.lolPublished at
2026-10-26 13:01:17 UTCEvent JSON
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"content": "Bitcoin at $80,215 this afternoon, gold at $4,034 an ounce. That works out to 19.9 ounces of metal for one coin, and it is the only quote in the market where neither side of the ratio is somebody's printing press.\n\nThe Fear and Greed index reads 50 today, 54 yesterday. Dead neutral. No panic, and no relief rally either. Sentiment has caught up with price. Usually the sellers finish first.\n\nAustrians say money is a claim on future goods. At this rate one coin buys 19.9 ounces of the oldest claim humans ever agreed on. Dollars and forecasts are commentary stacked on top of a single exchange rate.\n\nThat ratio is the honest ledger. Everything else is mood.",
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