As we have discussed with you, the major catalyst is coming for the Gold market. There is no Gold 2.0 and the realisation of this simple fact may bring the fireworks to the Gold market before Independence Day this year. Bitcoin is moving very fast from the "Deepfake Video Game" and "Mother of All Bubbles" status to the National Security Risk Threat.
“Even though I'm a pro-crypto, pro-Bitcoin maximalist person, I do wonder whether if at this point Bitcoin should also be thought of in part as a Chinese financial weapon against the U.S.” says Paypal co-founder Peter Thiel."
Now Federal Reserve Chair, Secretary of Treasury, New York State Attorney General and CIA via Peter Thiel from Palantir - all are sending clear warnings about Bitcoin. Only Whales who need to sell their "Crypto Store of Wealth" in order to realise paper profits are preaching HODL to the heard. Be warned, Do Your Own Research and stay safe.
"Nobody knows the future, but for all brave hodlers, I can suggest that by allocating just 10% of your crypto portfolio into Gold you can get better sleep at night. If Crypto Whales who are pumping Bitcoin and selling it to you are right and its price will go to 1,000,000 - this investment in Gold will be a very small price to pay to be on your own yacht. You can have your own toilet made of that Gold in that case."
Bitcoin, MMT And Other Deepfake Video Games: "Fed Chair And Treasury Secretary Call For End Of Bitcoin And National Digital Tracking ID".
"Rep Bill Foster of IL gets the Fed Chair and Treasury Sec to go on the record about their dislike for digital currencies and the need for a National Digital Tracking ID system." Rumble
Time is spinning out of control and we are moving very fast through all the fog of the Dark Crypto Web to the light at the end of the tunnel. For some hodlers, it can be a light of a freight train that is moving towards them while Crypto Whales are uploading their "Crypto Store of Wealth" to the herd.
Mike Green's answer to the question: "What is the probability that FED will adopt Bitcoin?" - has received another confirmation from both the FED Chair and Treasury Secretary going on the record with Representative Bill Foster for Illinois.
We are moving now fast-forward from the rhetorical question: "Will they ban Bitcoin?" to the rather dramatic one - "How will they ban Bitcoin?" For starters, if not a single money manager in the US or US publicly-traded company can touch Bitcoin, all this "irrational exuberance" squared: "Who will buy it next?" - will be ended the same day.
Today we have another sign that the FED and US Treasury are not buying it. If the last arguments left are laser eyes and that "other people" will be buying it - then you have to listen to Mike Green again very carefully.
We can discuss at length whether this is a real video or a "deepfake", and in the end, The FED is as "Federal" as "Federal Express", but we all better pay attention. Big Brothers and their FED hate competition and their messages are getting louder and clear by the day now.
Gold - The Catalyst: Bitcoin And Other Video Games Of The MMT Age.
Every bubble needs great people to make it great. Gold is the ultimate hedge and now confirms that it can provide a hedge not only for portfolios constructed with stocks and bonds but for all portfolios including cryptocurrencies as well.
Nobody knows the future, but for all brave hodlers, I can suggest that by allocating just 10% of your crypto portfolio into Gold you can get better sleep at night. If Crypto Whales who are pumping Bitcoin and selling it to you are right and its price will go to 1,000,000 - this investment in Gold will be a very small price to pay to be on your own yacht. You can have your own toilet made of that Gold in that case.
If Crypto Whales are playing dirty with your desire for Freedom - you will be able to stay alive with your holding of Gold to enjoy your Freedom even after all your "Crypto Store of Value" will go down that proverbial toilet. Do your homework, make informed decisions and stay safe.
Jim Puplava and John Ing are translating today for us all things "crypto" in English and discussing "New Normal", old Inflation and Gold in the MMT Age. It is highly recommended for all to listen in order to realise that Bitcoin and other Video Games of the MMT Age are just that - Games. These games are played by Crypto Whales with Gamers and have nothing to do with the real values in the real world. You do not even have to go as far as EMP, just remember that all virtual games are virtual and some very ruthless and determined people are planning the real War Games.
Bitcoin has become one of the main soft targets in the West and deserves national attention as a matter of state military risk management. Bitcoin's crash will not only bring a brutal awakening to "the brave fighters of the FED", but can bring very important companies like my beloved Tesla down spreading the shock waves across a very fragile overleveraged economy. The higher Bitcoin goes now, the more "great people" are getting sucked into and being sacrificed for this "Mother of All Bubbles" - the bigger shock will be for all parties involved after that lethal strike.
"Welcome to Bitcoin "market" with a price discovery driven by Tether digital printing press instead of FED's FIAT "digital press" and Elon Musk Twitter feed. Do brave FED fighters on blockchain even realise that?"
Jim Puplava and John Ing are discussing today in depth all these factors, which will propel Gold on its next leg up in this young Bull market. The best Gold miners are literally printing money at these prices of Gold already.
These seasoned market veterans are confirming my observations that M&A will be the main driving force for the junior mining space. Major Gold miners are facing Peak Gold Reserves and need new giant projects in the stable mining jurisdiction just to continue the same rate of production.
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