We witnessed this hilarious exchange on Twitter. Peter Schiff made a joke about bitcoin, and Willy Woo responded with data. @PeterSchiff·Question: How do you make a small fortune in #Bitcoin? Answer: Start with a large fortune. @woonomic·Correct answer: Do the opposite of what @PeterSchiff recommends. Not a year where it Read more…
Looks like it. While BTC was aggressively down last month, physical gold ETF’s experienced their strongest month since September 2020. Investors’ appetite for gold increased as they assessed higher inflation and a major price crash in the Bitcoin market. Read the entire article here https://cointelegraph.com/news/bitcoin-sell-off-likely-played-a-key-role-in-boosting-gold-s-appeal Invest in gold here.
1 gold ounce priced in bitcoin over time. Find the chart in Tradingview https://www.tradingview.com/chart/?symbol=TVC%3AXAUBTC Yes, it’s still too early for the bitcoinization era. But should it happen, this is what everything is going to look like.
I don’t pretend to know much about gold. In fact, I’m learning in the open right here on this blog. I received a newsletter from zerohedge.com that basically reads as follows: Sharp Gold Investors Will Saddle Up For What Could Be A Wild Ride Higher Investors who focused on huge Read more…
There’s been a lot of debate between goldbugs and bitcoiners. I’ve watched a couple of videos, one with Michael Saylor, one with Robert Kiyosaki. We’ve had a nice talk on Twitter on this thread: Stanley Druckenmiller, legendary investor, on #Bitcoin Atom: “the way I’v always looked at gold”. More and Read more…
From Mises Institute https://mises.org/library/how-governments-killed-gold-standard 05/28/2021Joseph T. Salerno The historical embodiment of monetary freedom is the gold standard. The era of its greatest flourishing was not coincidentally the 19th century, the century in which classical liberal ideology reigned, a century of unprecedented material progress and peaceful relations between nations. Unfortunately, the Read more…
The biggest crime is being perpetrated towards the upcoming retirees. Consider this: You’ve worked your entire life in fiat. You’ve been a company man, made sacrifices, put your head down, followed every rule, worked like a cog in the corporate machine. Nice. And you’ve been promised a retirement. It looks Read more…
We might be all-in on Bitcoin but you know Kroisos likes gold too. And pretty much all the Austrian economists are goldbugs. In some countries, for example in Greece, gold is also tax-free. So it might not be a bad idea to invest in some, after you do your own Read more…
Michael Saylor argues with Frank Giustra about whether Bitcoin will replace Gold. Well, even if it does, you know what Kroisos would say, and that is invest in both.