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International Economic Review

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HOUSE_OVERSIGHT_025682.jpg

A Goldman Sachs Investment Management Division presentation slide (page 19) analyzing Bitcoin's performance through August 2017. The document utilizes the 'ISG Bubble Indicator' to contrast the US stock market (low bubble probability) with Bitcoin, concluding that Bitcoin has been in 'bubble territory' since early 2017. The document bears a House Oversight Committee Bates stamp.

Presentation slide / financial analysis
2025-11-19
Analysis Source

HOUSE_OVERSIGHT_025679.jpg

This document is a slide from a Goldman Sachs Investment Management Division presentation analyzing Bitcoin's market price relative to its production cost compared to traditional commodities like Oil and Gold. It highlights that Bitcoin trades at a 350% premium over its marginal production cost, significantly higher than Gold (50%) or Oil (8%). The document bears a 'HOUSE_OVERSIGHT' Bates stamp, indicating it was produced as part of a congressional investigation, though the slide itself contains no direct references to Jeffrey Epstein or his immediate associates.

Financial presentation slide / government production document
2025-11-19
Analysis Source
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