
thenextturn
@thenextturnEnjoying the dawn of a decentralized world.
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RE: Gold breaches $1270 and silver up over 1% following disappointing GDP numbers and prior quarter revisons
The Fed will be monetizing with reckless abandon soon. QE to infinity is near. There are only two end-game scenarios to the Fed's QE adventure: 1) Default or 2) Hyperinflation. They'll choose 2 - and blame
RE: Wall Street strategist believes Bitcoin and other cryptocurrencies are cannibalizing gold demand with price going as high as $55,000 per coin
Spread your bets among metals and cryptos. The ratio should be tied to your speculative appetite (more risk tolerant, more cryptos). Always do your homework, regardless. The system is unraveling, but this
RE: Metals analyst Andrew Maguire reveals that upcoming sovereign purchases of gold to be dedicated to gold backed cryptocurrencies
He's not the first to make this type of prediction and be proven wrong, so tread with caution. The price of gold (and conversely the primacy of the US dollar) has been tightly managed for years. Any threats