Loading ...One nation under God. You don’t pledge allegiance that’s treason. You don’t belong here.
Dave Hunter
One day ago.
China is banning crypto and stable coin.
China has effectively “doubled down” on its comprehensive, long-standing ban on cryptocurrency. In February 2026, Chinese regulators—including the People’s Bank of China—issued new, stricter guidelines that re-classify almost all crypto-related activities as illegal financial activities, targeting offshore trading, stablecoins, and marketing to maintain total control.
Key details regarding the 2026, intensified crackdown:
- New “Ban 2.0” Measures: A joint notice from eight agencies on February 6, 2026, reinforced that virtual currencies are not legal tender and are prohibited for transactions.
- Stricter Scope: The new regulations target not just trading, but also marketing, intermediary services, and “traffic facilitation” for crypto services.
- Targeting Stablecoins: The crackdown specifically targets foreign, unauthorized stablecoins—particularly those pegged to the yuan (RMB)—viewing them as threats to financial sovereignty.
- Legal Consequences: Under these new, stricter rules, investing in cryptocurrencies is seen as violating “public order and good morals,” leaving investors with little legal recourse for losses.
- Controlled Exception: While banning public crypto, the new rules create a very narrow,, state-approved channel for certain real-world asset (RWA) tokenization, requiring strict government filing and oversight.
- Illegal Activity Persists: Despite the 2021 ban and current, stricter measures, underground trading and mining operations continue to exist, with China still accounting for a significant portion of global hash rate.
These actions confirm that China maintains a zero-tolerance policy on decentralized crypto assets while prioritizing its own state-backed digital currency, the e-CNY.
Buygold
Your not alone in that belief. We cannot let them back in, they are the children of hell.
They’re not even smart enough to realize finishing the job they’ll finish themselves. They will also be forced to live in the state they represent and the consequences as they should be doing now and only be able to represent that state on any policy if the states break up. No more united states. They will stand alone with no one else to blame.
Buygold @ 16:53 Yes, and a prayer to God of “Thy Will Be Done”
My God can do ANYTHING! I’m living proof of that. …. so…. Pray for “HIS” Miracle, expect it….and receive it! Then Thank Him For it! Life is Silver-n-Gold!
SNG – Mark Taylor
Just from reading the article portion of the interview, he’s 100% right. I fall into the patriot category and he’s lost me. His cabinet is filled with Bushites – Wiles and Bondi. Patel turned out to be a kitten. Bongino too. I don’t know anything about his spiritual guides but if he’s using remote viewing and psychics he might as well call the devil himself.
It really doesn’t matter what good he does for the economy, energy, immigration or even defense, if he doesn’t throw the people who committed treason and undermined the country in jail, they’ll be right back in a couple years to finish the job. But this time, it won’t just be Jan. 6’ers, it will be his patriotic voters the left goes after with the justice system.
I don’t hold out much hope for this country going forward. Best thing that could happen is the separation of red/blue states.
Cancel that vacation in Paris
Unrecognizable
aufever @ 14:04
You would have to subscribe.
I post their work here because I think it’s excellent.
Sng
Yes I remember that back in 08. Perhaps that is part of the reason they want to split up the mines. Another is investors wanting something closer to home as what happened in Mexico to those miners. Today the gold mines of Barrick apparently are not heavily hedged…
Barrick Gold Corporation is not heavily hedged today; it largely maintains an unhedged strategy, allowing it to capture maximum spot prices for its gold. While the company uses copper hedges to manage price volatility for its growing copper exposure, its core gold business remains unhedged, designed to provide high sensitivity to gold price movements.
Key Details as of February 2026:
- Gold Strategy: Barrick focuses on providing investors with unhedged exposure to the gold price, allowing them to benefit directly from high price environments.
- Copper Hedge: The company uses hedging for its copper business (e.g., Lumwana and Reko Diq projects) to manage risk while expanding production.
- Financial Position: Barrick’s strategy relies on holding a strong balance sheet rather than relying on hedging, aimed at maximizing cash flow during high-price cycles.
As of early 2026, the company is experiencing high profitability driven by the gold bull market, with expectations to maintain this strategy.
goldielocks @ 21:30…I never owned ABX that I recall
The reason was because they were heavy hedgers which cut deeply into their profits since they had their production sold well under market price during the bull runs. I had 108 other miners and explorers and took out many many ten plus baggers during the 2008 and 2011 run-up’s, and those big hedgers used too much of my available investment capital that I could put into smaller unhedged and more productive miners for much greater returns. SNG
Sng
I am currently working on getting my address updated, and once that is sorted, I can to look into the specific policies regarding shorting.
In the meantime, I have been researching the other stock contango. It was a bit concerning to see that they are working on phasing out most of their hedges by the end of the year,” that they have them” to take advantage of rising prices, though they do seem to have a lot of projects in motion. Starting up the mining of Dollys finds isn’t going to happen over night. Owning shares was forward planning.
Do you have any shares in Barrick? I understand they are currently working with NEM to split up their mines, specifically separating the local mines from their other holdings. I would be interested to hear your thoughts if you own it.
Goldielocks, since you are contacting Chas Schwab directly, I would take this opportunity to tell them….
….“Under NO circumstance do I give you, Charles Schwab, or any other on-line Broker, my permission to lend/lease or otherwise allow anyone else the use the shares in my accounts for any purpose, including shorting.”
IMO this is the main reason the shares have lagged and continue to lag the physical. The On-line brokers are allowing and profiting from the above, which nullifies every purchase made, by someone using your shares to short the shares you just bought, and the Broker gets paid for allowing it. How this is legally possible I do not know, but IMO it also makes it so those shorted shares, somehow, are not required to be covered. FWIW and IMO! SNG
Aufever SNG
Sng, am writing to share an update regarding the issues I have been experiencing with my account.
I recently figured out that since the transition from TD Ameritrade to Charles Schwab, my account was somehow associated with an old address from many years ago.
When I spoke with support over the phone, they were unable to explain why the system was not recognizing my current information. Now that I have identified the root of the problem, I am going to have call them to get this resolved.
Aufever I have to say I agree with SNG’s assessment.
aufever….Once the merger is complete, Dolly Varden becomes Contango Ore, but I’d buy it as Dolly Varden and accept the merger
What I see is that Dolly, by merging with Contango Ore, becomes a part of Contango ore and loses the name Dolly Varden, which I regret since that name appeals to me, but what is gained is all the Dolly Varden properties, mines, great drill results etc go to Contango Ore with the intention to actively MINE the properties ….where Dolly Varden management had no intention of mining; only exploring/ drilling and proving the silver and gold are there. So we may end up owning a PRODUCING mine or three, rather than an exploration only company. The drill results in BC’s Golden Triangle are spectacular, but meaningless unless there is intent to actually build producing mines.
If I didn’t own shares already I would buy them now as Dolly Varden Silver, but would welcome other thoughts and opinions too. SNG
silverngold, Goldie
If I buy a little, should I buy Dolly or Contango? Or a little of each?
Don’t worry, not asking for investment advice. Just what would you do.
Sng
Thanks for the update on DV. I hold a small amount, like 300 to keep a eye on it and thought about giving it up a few times.
Captain
So can you tell us who that junior gold developer is?