Posted on 06/16/2023 11:41:40 AM PDT by Kaiser8408a
Fridays are always fun in the market. Bitcoin is up 3.23% as The Fed took a pause yesterday.
Note that bitcoin and gold are moving together since March 2023 as the US Dollar deteriorates. And expectations of Fed rate hikes (yellow dashed line) increases.
As least Desperate Housewives star Eva Longoria knows better than to trust Creepy Grandpa Joe! Or Pedo Peter as his son Hunter calls him.
(Excerpt) Read more at confoundedinterest.net ...
Gold, bitcoin, fiat, dollar, FED, CBDC.
One of these is not like the others.
“Soars 3.23%”
Big deal.
Anyone want to take a wild guess as to how much Bitcoin the U.S. Government owns? Estimates are around 70K, much of it coming from darkweb site, Silk Road. Funny how they’re not selling it off.
Fake currency
Bitcoin… At least you can keep paper money under the mattress or buried in the back yard, for whatever that’s worth. With bitcoin, when Uncle says “enough”, it just magically disappears.
For the brave and bold ...
A lot of $$ made and lost .... but in the end
the gov will not allow an independent form of exchange.
your mileage may vary...
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