Loading ...All true. I guess with Bitcoin at $125K there’s no reason for the general public to think about a measly $4K gold price.
I suppose the only time they’ll notice is when they go to buy jewelry.
The good thing about what’s happening is that it’s central bank buying. They won’t be looking to sell anytime soon, and there are still some central banks that need to accumulate.
I honestly don’t know what’s going to happen with crypto. I know we now have a US Bitcoin Reserve fund, but what happens when we try to use it to pay off treasury debt and the foreigners say no?
Crimex taking a little bite now.