Another Sad day for Medicine in Oz!! #doctor #health #ahpra #ahpra #vcat #vcat #medicine The Medical Board suspended Dr Jereth Kok back in August 2019 after complaints about social media posts concerning LGBQTI+ and similar matters that did not meet with his Christian views and breached the Code of Ethics on a number of matters. Admittedly VCAT only looked at the complaints and compared them to the law, as written. In doing so, once again, regulatory authorities have chased possibly another good practitioner away from providing medical care to Australians. Dr Kok has stated that he does not refuse to provide his services to anyone (my choice of words). Government and regulators continue to step beyond the bounds of what is medicine and apply standards that are outside their area of expertise and authority (any authority assumed is one they have bestowed upon themselves). What needs to be done is to change the regulations and let our good and really good medical practitioners to work with patients and agree on a way forward that best meets their medical needs - even if it is outside accepted norms. If we don’t we will literally stay in the age of “blood letting” in Australia. We have lost, what is probably a good doctor, putting him in the c order for six years and maybe many more. I expect like Dr Charlie Teo he will look elsewhere and Australia will be worse off. Is your government really looking after you or running a “protection racket” for the select few?

Bitcoin Resilient with big sell!!! #bitcoin #money #crypto-currency Bitcoin shows resilience to Galaxy Digital sale of approximately 9 months mining production of BTC in a few days. Prices dropped by about 4% as the market consumed the released BTC. This market action and results indicates a maturing product, which will require a lot of selling pressure to bring the price down significantly in the future. Admittedly, the total sale was only about 0.065% of world BTC supply BUT that represents the equivalent of 16.72 trillion of the World’s estimated money supply expressed in USD (or about 50% of the US Government debt).

Scam Crypto Coindrop #crypto #scam #xrp #xrp #ripple #ledger #coindrop I’m interested in community feedback on the following. I have noticed recently that some of my wallets are receiving very small coin drops of crypto (FREE - Yeah!!); however, the wallet I am using (Ledger - soon to be decommissioned) is also charging a fee greater than the coin drop amount. So the net result is my balance decreases marginally each time - we are talking less than $0.01 - but it annoying. My questions are: 1. Can it be stopped - as the address is on the blockchain - zeroing the wallet and starting another seems possible but I suspect it is like trying to avoid SPAM e-mail by changing e-mail addresses. 2. Is there another method where a wallet can reject certain incoming transactions. The crypto concerned is XRP (Ripple). BTW I am giving up on Ledger after many years due to its closed source code and more modern alternatives where I do not need a magnifying glass to read the small screen (Yes. I know there is Ledger Flex - more like a phone).

Apologies … #bitcoin #moneysupply My apologies for the image in my last post - rather blurred. New one attached.

Bitcoin update - as I see it #bitcoin #moneysupply Just short note today … keep your powder dry if you are looking to enter the BTC market or stack more. A quick analysis of the recent two bumps in BTC indicates that the first was probably triggered by the Relative Strength Index (RSI) dropping to around 40% (BTC pricing also being at sub USD 100k). The second times well with the End of Financial Year for many countries (30 June), where investor exit losing positions to realise tax losses. At that point the Global Net Liquidity jumped some USD 300 trillion within 48hrs. Starting on 1 July that money had to find a new home - Bitcoin was one place plus other more traditional investments. The Global Net Liquidity has now gone (plus some). What’s the bottom line … IMHO I expect the BTC price to slowly pull back. Expecting a revisit to USD 115k and (maybe hoping) for closer to USD 110k.

Australia Inflates!! #inflation #moneysupply #moneysupply #economy #australia #gold #bitcoin The Australian May 25 M3 growth is in, showing almost 6% growth in 12 months or AUD 180bn. The annoying thing is that the calculation and release of the M3 data always lags by about 6 weeks. Is the figure important? Yes. It is an indicator of “new fiat money” in the economy. An increase in fiat money is “inflation” not the concocted CPI (Consumer Price Index). At a basic level your AUD purchasing power has dropped by 6% in 12 months. Growth in incomes over the same time has pushed many into new tax brackets meaning there is even less net income available. The concerning factor is the reporting month was when Australia resoundingly returned a Labor Government, preceded by a deficit Budget for FY 25/26 and a number of years following. The budgetary impact has not even flowed through into the economy but M3 is showing an uptick. Many may not agree, but the RBA (Reserve Bank of Australia) recent decision to hold interest rates was sensible and appropriate - despite “manipulated” figures that supported an argument for interest rate reductions. The Government can increase money supply BUT so can others. - Banks can increase lending - Investment in derivative products (1% on the table for a 100% stake) are two examples. Using #gold as a base currency indicates around 40% inflation in the last year. So if you had AUD 100 in the bank a year ago you may now show a balance of AUD 103 after taxes and charges. Whereas AUD 100 of physical #gold is going to show AUD 140 or thereabouts. If you held BTC ( #bitcoin ) for about a year or less you should be showing a 60% increase. What are the responsible options - focus on investing as much as you can into #gold or #bitcoin and protect your family’s future. Alternatively, spend like crazy and let the #government look after you and any problems. I know which path I will take.

Oops! - I should have bought. #bitcoin #money Well for now the market for BTC seems to have moved on and up. Any regrets about not buying at USD 100k to 105k should be put aside. This moment reminds me of Sonny in the Best Exotic Marigold Hotel who says “Everything will be all right in the end... if it's not all right then it's not yet the end.” So if you think it is not alright that you did not buy then its not the end of this rally. Coming back to earth IMHO I expect BTC to fall back to the USD 115k - 116k range in the next few days, which may be a chance to rectify missed buying opportunities. The past four pumps since April 25 have shown that generally there is a pull back of up to 40% of the previous increase. The market then either stabilises or chooses to move higher. The recent top of USD 123k plus change, if taken as the top for now, indicates the future buying price. I do note that this recent increase in the BTC price in USD terms is higher than in the past and possibly related to flow on effects of Trump’s Big Beautiful Bill which is inflationary and will flow through to multiple asset classes. Accordingly, any pull back may be larger than in the past. Personally, I will be shooting at USD 110k for orders in the market but will be ready to move on USD 115k range if the pull-back reverses.

Gold failing on several fronts! #gold #forex #money #economy #inflation My last post on 28 Jun 25 indicated that a return to higher prices was likely to be indicated at USD 3,415, with USD 3,375 being a critical point. Well I was out 1 buck and change as #gold turned down around USD 3,376. Although the pull back is no real concern for long term holders it may be for those seeking to make a quick profit. I now see two factors in play at the US level being the continued decline of the USD against other currencies and the recent “Big Beautiful Bill” that will throw more money at the stock market (and away from other investments). This “fix” will be relatively short-lived in the overall scheme of things but will push down the USD #gold price. Australians face a double edged sword with a currency strengthening against the USD (although technically weakening overall) plus the recent Reserve Bank decision to hold interest rates, making the AUD slightly more attractive to others pushing up its comparative value to the USD. Price predictions? Sorry nothing to offer USD wise, except lower highs and lower lows. Aussies may even get the opportunity to buy at spot plus commissions below AUD 5,000. See latest Gold Daily Gann Swing below.

Gold Pullback - Too Fast, Too Hard #gold #forex #money #economy #inflation #devaluation As indicated in my 24 Jun post #gold pulled back to the USD 3,250 level. In Australia this was exacerbated by the increasing strength of the AUD against USD seeing #gold spot run slightly under AUD 5,000. Sidenote … the AUD, which in my opinion is also weakening, increasing against the USD, suggest that the present US Administration is managing to weaken the USD against other currencies. I believe this was, and remains, the intention of the new administration. An interesting scenario of slowly devaluing a currency (USD) while it is also being debased within the country. Turning back to #gold , although offering a buying opportunity the pullback was too hard and too fast so I expect a corrective upwards swing to appear within a few days. Good buying now - confirmation of a return to upward movement is likely at USD 3,415 with initial positive signs after USD 3,375.

EOFY (30 Jun) for a lot of countries - happy new financial year. Busy time for many in the financial industry. #eofy