Junkcoin
We’re pumping $1T into the economy every 100 days or so. Just because it feels good.
And stocks are high.
And gold is high.
And bitcoin is high.
It’s pretty but this party can’t last.
It funny- i initially got into gold (natural resources mutual funds) when ayatollah obama took over because i knew he was going to destroy everything. I made a lot of $$$ and fortunately held on to that fund through the Trump years till now.
Looks like insiders have considered the whole system could crash... and by ‘whole system’ I mean the US dollar.
Trump can overcome this but it’ll be a rocky ride until he’s elected.
It is a bit like Las Vegas.
The house wins as long as people are gambling.
And while they are screwing others, or getting screwed.
Just throw money at crypto and metals. What could go wrong?/s
Best economy ever.
Gold going up? or dollar going down?
Same difference?
But both are not the US dollar. I think that is the point.
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Thanks! For it - or ag'in it, it'll be a wild ride.
as dollars become more and more worthless, gold, BTC, and real estate increase in value compared to dollars. I will keep on owning all three
Despite the volatility as it climbs in its price discovery phase, Bitcoin is widely regarded as a store of value now, at least by the under-50 crowd. In 10 or so years goldbugs will die off (literally, from old age) and gold’s value will recede to its value as a commodity similar to copper or palladium. I think it will retain 1/3 to 2/3 of its current value and then plateau again.
Expected market response to high inflation.
Silver is a better buy now...IMO.