Loading ...@Buygold re 9:12 part: “Gary Gensler at head of SEC is a crook as is Janet Yellen as Treasury Secretary. I believe they know they have to control the PM prices because if PM’s start to run it’s an indication that inflation is here and they are losing control. Given the level of manipulation (yesterday was a perfect example) it just reaffirms that gold and silver are the two most important monetary assets on the planet. I don’t think they even care about Bitcoin,”
@Ororeef re 11:38 Part: “Governments will not allow the Competition for their ability to create money and use that to keep their monopoly .Governments will not allow it to become a threat .So Gold was a better store of value ,it has Government on its side since Government has shown it can control Gold .It cant control Bit Coin.
Comments:
After reading those posts, I’m thinking the bit coin and all other cryptos and the crazy “Teflon” Dow S n P etc are unwittingly a blessing in disguise for the bankers that like control Gold to protect their monopoly game money. Those things are a big bankers help.
Those cryptos are acting like a big sponge mop, or vacuum cleaner, corralling (gather together and confine) a whole lot of funny money where it won’t do any harm. By speculating and driving up gold or other important commodity prices. Gold would have been $5000 if it weren’t for Cryptos and all the FANG stocks. IMO of course.
Their whole crazy unrealistic man made artificial system has come to a head, in 2008 thanks to 9/11, and has been in failure mode the way I see it. The system is fighting for its life. Mother nature will probably bring back true capitalism.