I’ll wrap up this 25min video into 1 sentence… People arent purchasing Bitcoin so price goes down, and instead they are purchasing Gold/Silver so price rise
Gold has always been the universal standard for recorded history. That is why it is pegged around $5000 an ounce right how. Who knows how far it will rise in the next few years. $10,000, $20,000? Bit coin has always been an artificial item. I remember when it was less than a dollar (I’m 75 years old) I also knew that a government decree could reduce it to $0.
FDR issued an illegal executive order ordering citizens to turn in their gold at $20(?) and change per ounce and almost immediately degraded it to $36 an ounce. The same exercise in lies and deception are being practiced RIGHT now to gloss over the ABSOLUTE destruction of ALL money world wide. I remember while I was in Vietnam gold was rated at $36 an ounce. Now 45 years later it is over $5000 an ounce. It is nice to know that the federal reserve has taken such good care of our money!
I only expect it to get worse in the next few years.
Gold has always been the universal standard for recorded history. That is why it is pegged around $5000 an ounce right how. Who knows how far it will rise in the next few years. $10,000, $20,000? Bit coin has always been an artificial item. I remember when it was less than a dollar (I’m 75 years old) I also knew that a government decree could reduce it to $0.
FDR issued an illegal executive order ordering citizens to turn in their gold at $20(?) and change per ounce and almost immediately degraded it to $36 an ounce. The same exercise in lies and deception are being practiced RIGHT now to gloss over the ABSOLUTE destruction of ALL money world wide. I remember while I was in Vietnam gold was rated at $36 an ounce. Now 45 years later it is over $5000 an ounce. It is nice to know that the federal reserve has taken such good care of our money!
I only expect it to get worse in the next few years.
The time will come when even gold and silver will be useless. Trading will be done based on people exchanging services with one another.