Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
last night i watched one of michael saylor interviews. he stated that btc will become global tender eventually lol. so far has been adopted by el salvador and central african republic. now imagine for a second the pain these two places must be feeling right now with the value of BTC collapsing? they were incredibly poor countries to begin with. surreal
read the post again. today i said a range between 50 to 55. 5 likely towards the end of the year. only one person can salvage you and that is powell reversing course on his interest rate foolish increase. when the sp flash crashes you can expect him making that announcement.
of mine and they tell me they get paid in BTC for their work to evade sanctions. i asked them what if BTC goes to 5 k ? they all went in radio silent mode, petrified. they know it could happen. they also know gold will never do that.
ok well then 5 p. but bitcoin is defo going to 8k. looking at the correlations alone. the sp500 is highly correlated and if my prediction is correct it has so much to fall. i see the sp 500 at around 1500 within two years. literally the party is over for risky assets. the only suprise in this market is the strong dollar with the strong commodities. normally a strong dollar is accompanied by low commodities prices. as soon as the negative GDP is revealed the USD will finally nosedive. commodities will retain value. sell your cryptos while you can
argobull is one of those aficionados who will lose everything soon. my prediction: the next US GDP will be awful and negative and that will trigger a massive selloff in both equities, crypto and finally the stupid USD.
I have been waiting two years for this
well argobull, i would study a bit better the moves by the russian and chinese central banks with gold. BTC is never part of their discussions. gold is. the russia central bank has recently pegged the value of gold to the ruble. my gut feeling is that both russia and china will come up with a digital token backed by gold to ending the use of the usd. they are not useless bars, it is a currency. btc is simply speculation. however the blockchain technology has many meaningful uses but 67K for a bit of code ? some were saying 1 million :)
well a mighty printing of money will be followed by an equally mighty crash. what goes up a lot always goes down a lot more. it will happen at some point this year. however i cant predict the precise moment/trigger
derampers yeah. but so far i m not losing useless fiat money to a much more useless digital asset. at least the fiat money i go to the shop and buy something with it. but BTC?
later i will check fox news and CNBC for a detailed ramping of the digital token lol